Goldman gets record 1MDB fine; CEO faces pay reduction
NEW YORK/WASHINGTON (Oct 23): Goldman Sachs Group Inc will pay a record foreign bribery penalty in the US and will enter a guilty plea for…
NEW YORK/WASHINGTON (Oct 23): Goldman Sachs Group Inc will pay a record foreign bribery penalty in the US and will enter a guilty plea for…
NEW YORK (Oct 23): U.S. stocks gained ground on Thursday after oscillating for much of the session as growing optimism about an imminent U.S. coronavirus…
The dollar underperformed while the pound outperformed and the yen, diverging from its usual close correlation with the dollar, was measuring as the second strongest of the main currencies. Global stock markets have been skittish, with European indices dropping and U.S. equity index futures giving back gains in returning to near net unchanged levels. Sterling […]
The dollar is softer across the board amid a backdrop of buoyant global stock markets and declining risk premia. U.S. House speaker Pelosi said that she is hopeful that a deal on fiscal stimulus can be reached this week, while markets are also factoring in rising prospects for further central bank stimulus, especially in Europe […]
The Dollar was choppy in N.Y. trade on Wednesday, though ultimately ended lower overall. The DXY printed a seven-week low of 92.47, down from early highs of 92.83. The USD tended to move in the opposite direction to the risk-backdrop, which shifted through the session on the back of stimulus concerns, the election and Covid. […]
SEOUL (Oct 21): Five people have died after getting flu shots in South Korea in the past week, authorities said, raising concerns over the vaccine’s…
KUALA LUMPUR (Oct 21): Glove stocks dominated the list of top losers today as investors took profit following the recent rally and fresh progress in the development…
KUALA LUMPUR (Oct 21): The Employees Provident Fund (EPF) said today it will temporarily close all its offices and counters across Selangor, Kuala Lumpur (KL) and…
KUALA LUMPUR (Oct 21): The FBM KLCI finished in negative territory for a second straight day, dragged down by glove stocks which dominated Bursa Malaysia’s…
KUALA LUMPUR (Oct 21): The Ministry of Health (MoH) has listed 26 health districts and 46 sub-districts across Malaysia as Covid-19 red zones. Based on data from…
PUTRAJAYA (Oct 21): As corruption gets complicated and transnational, fighting corruption and money laundering cannot be achieved solely by any single institution or economy but…
ANKARA (Oct 21): US President Donald Trump has bank accounts in three different foreign countries, including China, the Anadolu Agency reported according to a New York…