The dollar is trading moderately firmer against most other currencies, with the yen being the exception. Global stock markets are lacking direction, although the surface calmness belies an underlying skittish sentiment with hopes fading for a pre-election fiscal stimulus deal in the U.S. and with the looming elections inspiring a degree of reservation in investment […]
The Dollar moved modestly higher through the morning session, buoyed by safe-haven buying as Wall Street fell on dimming expectations for a new stimulus bill anytime soon. The two sides remain far apart on some items, like aid to states. The DXY rallied from opening lows of 92.67, later peaking at 92.96. The major equity […]
The dollar fell back concomitantly with rallying European stock markets and U.S. index futures, which was likely a repositioning dynamic after declining over the last two weeks. EUR-USD rebounded quite strongly, rising back above 1.1850 from a three-day low at 1.1787. Preliminary October PMI data in the services and composite readings out of the Eurozone […]
KUALA LUMPUR (Oct 23): UEM Sunrise Bhd has announced a reduction in its stake in a firm developing 2,500 acres (1,011.71ha) of land in Kulai, Johor, which will result…
KUALA LUMPUR (Oct 23): The Swiss Financial Market Supervisory Authority (FINMA) has reduced the amount of money to be confiscated from BSI Bank to 70 million…
KUCHING (Oct 23): Sarawak Chief Minister Datuk Patinggi Abang Johari Tun Openg today said that he is weighing between public health and the needs to get…
KUALA LUMPUR (Oct 23): ViTrox Corp Bhd’s share price soared to an all- time high of RM14.68 today after it delivered a stellar set of…
KUANTAN (Oct 23): Prime Minister Tan Sri Muhyidddin Yassin arrived at Istana Abdulaziz here today for an audience with Yang di-Pertuan Agong Al-Sultan Abdullah Ri’ayatuddin…
KUALA LUMPUR (Oct 23): Share prices have reversed their upward trend seen earlier on Bursa Malaysia today as speculation has run rife that a national health emergency,…
KUALA LUMPUR (Oct 23): Daily new Covid-19 cases in Malaysia dropped to 710 — from 847 reported yesterday — taking total infections in the country…
KUALA LUMPUR (Oct 23): Amid speculation on social media that the government will be declaring a state of emergency, constitutional expert Prof Dr Shamrahayu A…
EVENING 5: Will PM declare emergency? 1. Speculation is rife that the government will announced a national health emergency, which could include the suspension…