Dr Mahathir says ASEAN should divide industries among themselves
MANILA (March 7): ASEAN economies can grow faster if each country focuses on a major industry and caters to the entire regional market, Malaysia Prime…
MANILA (March 7): ASEAN economies can grow faster if each country focuses on a major industry and caters to the entire regional market, Malaysia Prime…
KUALA LUMPUR (March 7): The FBM KLCI eked out marginal gains at the midday break today, in line with the muted trading at regional markets. At…
KUALA LUMPUR (March 7): PPB Group Bhd, which has planned an RM831 million capital and other commitments for the group’s further expansion over the next…
The Dollar majors have been trading mostly neutrally so far today, with the U.S. currency having lost demand following weak U.S. construction data yesterday and a dip in Treasury yields. The narrow trade-weighted USD index (DXY) has lodged in a consolidation below the two-week high seen yesterday at 96.81, while EUR-USD has concurrently settled above […]
The Dollar has remined generally underpinned, although holding within previous-day ranges against most currencies. EUR-USD settled above the two-week low the pair printed yesterday, at 1.1309. Yesterday’s soft construction spending data out of the U.S. and associated dip in Treasury yields took some of the wind out of the Dollar’s sails. Markets may also be […]
OVERVIEW The strong greenback is trading near a two-week high against other major currencies. GBP/USD moved south with growing uncertainty over the outcome of the second meaningful vote. NYMEX WTI Crude regained 45 cents to climb above $57.00 a barrel, ignoring lower growth forecast from China.
Dollar-yen remains in consolidation mode near an 11-week top, just below the 112 handle. Market participants wait for more concrete development over the US-China trade talks and NFP data for directional moves. The USD remains in a strong position despite calls from the President for a softer dollar.OVERVIEW The strong greenback is trading near a two-week […]
The DXY rallied to fresh two-week highs in N.Y. on Tuesday, topping at 97.01 following strong U.S. housing and services ISM data. The index had bottomed at 96.73 early in the session, and later pulled back under 96.90. USD-JPY printed fresh trend highs of 112.13, after bottoming at 111.79, though it gave up some gains […]
KUALA LUMPUR: Khazanah Nasional Bhd posted its first pre-tax loss in 13 years in 2018, amid significant impairment provisions made during the year — a…
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KUALA LUMPUR (March 6): The FBM KLCI started flat this morning, against the backdrop of cautious regional markets. At 9.10am, the FBM KLCI added 0.37 points…
KUALA LUMPUR (March 6): Ringgit drops to its lowest in more than a week amid broad strength in the US dollar and after Bank Negara…