COVID-19: Malaysia records six new cases, no death reported
KUALA LUMPUR (Sept 2): Malaysia’s new COVID-19 cases dropped to six today — of which four were imported and two were local transmissions — bringing…
KUALA LUMPUR (Sept 2): Malaysia’s new COVID-19 cases dropped to six today — of which four were imported and two were local transmissions — bringing…
EVENING 5: Retailers post worst ever quarter Dirty dealings. Corporate battles. Consumer woes. Here are five things you need to know today. 1. 2Q sees a retail…
KUALA LUMPUR (Sept 2): The share price of LKL International Bhd, which specialises in making medical beds, staged a strong rebound after the announcement that…
KUALA LUMPUR (Sept 2): Airport operator Malaysia Airports Holdings Bhd (MAHB), which manages 39 airports in the country, said today tenants who have signed up…
KUALA LUMPUR (Sep 2): The Lim family that controls Kossan Rubber Industries Bhd has been trimming its stake in the glove manufacturing firm, with the…
The DXY printed fresh 28-month lows of 92.01 in N.Y. trade on Monday. Dollar bears have been the winners of late, following the Fed’s shift in inflation policy, which should keep U.S. rates near zero for the foreseeable future, and keep the USD under pressure. The caveat to that is U.S. data, and the COVID […]
The dollar weakening trend has continued. The narrow trade-weighted USD index (DXY) fell to a new trend low at 91.75, a level last seen in April 2018. Bearishness about the U.S. currency abounds, especially in the wake of Fed’s lower-for-longer regime shift on interest rates. Negative real rates in the U.S., and this year’s sharp […]
The dollar weakening theme continued into the London interbank open today. The narrow trade-weighted USD index (DXY) fell to a new trend low at 91.78, a level last seen in April 2018. The dollar, by this measure, is down by nearly 11% from the near four-year high that was seen back in March. Bearishness about […]
KUALA LUMPUR (Sept 1): Individuals in need of financing repayment assistance need to respond immediately or go to their respective banks to confirm the extension…
KUALA LUMPUR (Sept 1): Shares of GPA Holdings Bhd rose as much as 21.43% or 4.5 sen today, continuing the uptrend last month on buying…
PUTRAJAYA (Sept 1): Malaysia will block the entry of long-term pass holders from India, Indonesia and the Philippines starting from Sept 7 due to the sharp…
KUALA LUMPUR (Sept 1): A broadly weaker US dollar and strong risk appetite have bolstered the ringgit to end at its highest level in seven…