Risk-on conditions surged in N.Y. on Wednesday, resulting in a broadly lower Dollar, as safe-haven flows were partially reversed. Solid U.S. data, including a stronger ADP report, a firm Chicago PMI reading, and a surge in pending home sales all had had little impact on the FX market. Wall Street rallied sharply on hopes for […]
KUALA LUMPUR (Oct 1): AirAsia Group Bhd is evaluating “all possibilities” for its Japanese operations, including shutting it down, according to group chief executive officer…
KUALA LUMPUR (Oct 1): The FBM KLCI finished 8.05 points or 0.53% lower today at 1,496.77 while Bursa Malaysia’s Palm Oil Plantation index fell by…
GEORGE TOWN (Oct 1): Penang recorded a total of RM9.12 billion in approved manufacturing investments in the first half of 2020 (1H20), according to the Malaysian Investment…
KUALA TERENGGANU (Oct 1): Chief Secretary to the Government (KSN) Tan Sri Mohd Zuki Ali will convene a meeting with the Malaysian Anti-Corruption Commission (MACC) in…
KUALA LUMPUR (Oct 1): The Securities Commission of Malaysia (SC) will proceed to appeal the High Court’s decision to acquit former Supermax Corp Bhd managing…
KUALA LUMPUR (Oct 1): Malaysia reported 260 new confirmed Covid-19 cases today — the highest daily count since June 4 when there were 277 infections, and…
KUALA LUMPUR (Oct 1): Malaysia is anticipating the United States to ban the imports of another plantation firm, after the US Customs and Border Protection…
KUALA LUMPUR (Oct 1): Kossan Rubber Industries Bhd said it will be paying an estimated total remediation fee of RM50 million to its migrant workers. The…
KUALA LUMPUR (Oct 1): Based on corporate announcements and news flow today, stocks that are likely to be in focus tomorrow (Friday) are as follows:…
EVENING 5: Mr DIY’s IPO draws Aberdeen, BlackRock, AIA – report Dirty dealings. Corporate battles. Consumer woes. Here are five things you need to know…
The dollar and yen picked up some safe haven demand during pre-London trading in Asia, though not before printing fresh lows against many currencies. This saw EUR-USD ebb back to a 1.1723 low after earlier printing an eight-day high at 1.1755. EUR-JPY fell back to a low at 123.62 after posting a 12-day peak at […]