Prosecution applies to transfer 1MDB audit tampering case to High Court
KUALA LUMPUR (March 1): The Sessions Court was today informed that the prosecution in the case involving former prime minister Datuk Seri Najib Tun Razak…
KUALA LUMPUR (March 1): The Sessions Court was today informed that the prosecution in the case involving former prime minister Datuk Seri Najib Tun Razak…
KUALA LUMPUR (March 1): The Defence Ministry (Mindef) has told former Prime Minister Datuk Seri Najib Razak to concentrate on the corruption cases he is…
The Dollar has steadied after posting three-week lows in the wake of Fed chair Powell’s Senate testimony, which affirmed dovish-leaning on-hold policy guidance. The narrow trade-weighed USD index printed a post-Powell low at 95.95, the first time below 96.0 since February 5, before setting around 96.10-15; levels which are still about 1.3% below the mid-February […]
The Dollar has extended the weakening streak put in place by Fed chair Powell’s “no rush to make a judgement” testimony yesterday. EUR-USD jumped back above 1.1400, testing yesterday’s three-week high at 1.1402. The U.S. currency posted concurrent losses against the Pound, Yen, Canadian Dollar and most other currencies. The February Eurozone ESI economic confidence […]
OVERVIEW Sterling hits a 5-month high against the US dollar in early trading The US dollar is weaker after the Fed chairman’s dovish testimony is set to continue today Sterling hits 1.1700 against the euro as PM May urges parliamentarians to vote for her Brexit deal on 12 March
The Dollar ticked higher in N.Y. on Wednesday, taking the DXY from trend lows of 95.88 seen into the open, later peaking at 96.19. It appeared some USD buying stepped in on a lack of encouraging U.S.-China trade news, resulting an uptick in safe-haven flows, along with firmer Treasury yields. Incoming U.S. data was mixed, […]
(Feb 28): Global airlines are rerouting and canceling flights after fighter-jet combat between India and Pakistan prompted airspace closures and airport shutdowns, disrupting crucial routes…
(Feb 28): Leading Brexit purist Jacob Rees-Mogg, who has opposed Theresa May’s exit deal, appears to be softening his stance, making it more likely that…
KUALA LUMPUR (Feb 28): AirAsia Group Bhd group chief executive officer (CEO) Tan Sri Tony Fernandes said the low cost carrier made all the right…
KUALA LUMPUR: A business condition survey carried out jointly by the Federation of Malaysian Manufacturers (FMM) and the Malaysian Institute of Economic Research (MIER) shows…
KUALA LUMPUR (Feb 28): The FBM KLCI tioked up in early trade this morning, lifted by gains at select blue chips including IHH Healthcare Bdh…
KUALA LUMPUR (Feb 28): The FBM KLCI drifted lower at mid-morning today, tracking regional markets, weighed by select blue chips. At 10am, the FBM KLCI dipped…