The dollar is up for a fourth consecutive day, and the yen also gained in lockstep versus other currencie. The biggest losers were the dollar bloc and other commodity-correlating currencies, along with many developing world currencies, in what is a classic risk-off positioning pattern. Global stock markets and commodity prices tumbled again, with yesterday’s rebound […]
The DXY printed two-month highs of 94.30 in N.Y. morning trade on Wednesday, rallying early in the session before turning sideways. Today marked the third straight day of USD gains, which largely came on the back of safe-haven demand. Growing virus threats in Europe, weighing on growth prospects there, along with general market angst on […]
The dollar gained for a fourth consecutive day. Global stock markets and commodity prices are sputtering, with yesterday’s rebound failing to sustain. EUR-USD made an eight-week low at 1.1633. USD-JPY lifted above 105.50, while most yen crosses have traded lower. AUD-JPY, for instance, has dropped by over 0.5% in making an 11-week low at 74.00. […]
KUALA LUMPUR (Sept 24): Top Glove Corp Bhd’s share price pared gains after rising as much as 58 sen or 7.23% to RM8.60 in Bursa…
SHANGHAI (Sept 24): ByteDance has applied for a tech export licence in China as it races to seal a deal with Oracle Corp and Walmart…
KUALA LUMPUR (Sept 24): New Covid-19 cases in Malaysia more than halved to 71 today, from 147 yesterday. In a statement, Ministry of Health (MoH) Director-General…
SANDAKAN (Sept 24): Prime Minister Tan Sri Muhyiddin Yassin has asked the people to be united behind the Perikatan Nasional (PN) government in its struggle to…
KUALA LUMPUR (Sept 24): Foreigners entering the country from all international entry points will have to pay full fees of the quarantine charges effective today. Senior Minister…
KUALA LUMPUR (Sept 24): Covid-19 infectivity remains a concern in Malaysia with the R0 (R-nought) value yet to stabilise, said Health director-general (D-G) Tan Sri…
KUALA LUMPUR (Sept 24): Renewed buying interest in glove counters helped to lift the FBM KLCI to close higher at 1,500.80, up 4.32 points, bucking…
KUALA LUMPUR (Sept 24): Former FGV Holdings Bhd top officials Tan Sri Mohd Isa Abdul Samad and Datuk Mohd Emir Mavani Abdullah, who are being…
KUALA LUMPUR (Sept 24): Based on corporate announcements and news flow today, stocks that may be in focus tomorrow (Sept 25) include Axiata Group Bhd,…