Joe Biden wins US presidency after bitter contest with Trump
WASHINGTON (Nov 8): Joseph Robinette Biden Jr has defeated Donald Trump to become the 46th US president, unseating the incumbent with a pledge to unify…
WASHINGTON (Nov 8): Joseph Robinette Biden Jr has defeated Donald Trump to become the 46th US president, unseating the incumbent with a pledge to unify…
WASHINGTON (Nov 8): In his unsuccessful campaign for re-election, US President Donald Trump repeatedly warned that a victory for Joe Biden would be a win…
The dollar has found a footing after tipping sharply lower over the last three days, which mirrors a petering out in the risk-on positioning theme in global markets today. We’re still awaiting on the U.S. election result. Markets are pricing in a Biden presidency and a split Congress, with Republicans likely to retain the Senate […]
The DXY fell to its lowest level since September 1 in N.Y. trade on Friday, with the index printing four-straight lower daily lows this week. Pressure earlier came as risk-on conditions prevailed following the election, where most assumed a split Congress would keep taxes from rising and preserve business deregulation which has been seen four […]
The dollar is down for a fourth consecutive day, with the DXY index posting a two-month low at 92.28 and EUR-USD rising to a 16-day high at 1.1878, extending the sharp rally from the 1.1603 low seen earlier in the week. USD-JPY printed a fresh eight-month low at 103.19. Expectations for a relatively lacklustre U.S. […]
KUALA LUMPUR (Nov 6): Finance Minister Datuk Seri Tengku Zafrul Abdul Aziz has tabled Budget 2021 at the Dewan Rakyat today, which included many measures…
KUALA LUMPUR (Nov 6): Budget 2021 will ensure that the business and economic sectors continue to be driven through various specific measures, said Prime Minister…
EVENING 5: Budget 2021 edition Missed the tabling of Budget 2021 earlier today? Here are some of the key takeaways. 1. Malaysia announces its largest…
(Nov 6): A Joe Biden presidency would be negative for equities in the US and positive for other markets given his plans to hike taxes…
KUALA LUMPUR (Nov 6): The government has said it is committed to implementing key transport infrastructure projects, allocating a total of RM15 billion in Budget…
WASHINGTON (Nov 6): Democratic presidential candidate Joe Biden took the lead over President Donald Trump in the battleground states of Pennsylvania and Georgia for the…
KUALA LUMPUR (Nov 6): While the government is forecasting the country’s economy to grow between 6.5% and 7.5% in 2021, the Socio-Economic Research Centre (SERC)…