Ringgit rallies as trade progress buoys risk assets
KUALA LUMPUR (Feb 25): Ringgit climbs to the strongest in almost seven months as risk appetite gets a boost after the U.S. agreed to extend…
KUALA LUMPUR (Feb 25): Ringgit climbs to the strongest in almost seven months as risk appetite gets a boost after the U.S. agreed to extend…
KUALA LUMPUR (Feb 25): The FBM KLCI remained in negative territory at mid-morning today, weighed by select index-linked blue chips. At 10am, the FBM KLCI fell…
KUALA LUMPUR (Feb 25): IJM Corp Bhd shares were down as much as 20 sen or 10.05% while Ekovest Bhd fell as much as four…
KUALA LUMPUR (Feb 25): Petra Energy Bhd hits limit-up at mid-morning today after it swung into the black in the fourth quarter ended Dec 31,…
WASHINGTON/HANOI (Feb 25): U.S. President Donald Trump has said he would be happy as long as North Korea maintains its pause on weapons testing, and…
KUALA LUMPUR (Feb 23): Putrajaya announced today that it has begun talks with Gamuda Bhd to negotiate the acquisition of four highway concessions that the…
The Dollar majors have been holding steady so far today. EUR-USD has been making time in the mid 1.1300s, holding within yesterday’s 1.1320-1.1366 range. USD-JPY has continued to ply a narrow range in the upper 110.0s, holding below the one-week high seen earlier in the week at 110.94. President Trump said he would be meeting […]
The Dollar has been trading mixed so far today in a forex market lacking a clear directional theme. EUR-USD been making time in the mid 1.1300s, holding within yesterday’s 1.1320-1.1366 range. The February German Ifo survey came in below forecasts, at 98.5 in the headline reading, down from 99.1 and the lowest since 2014, with […]
OVERVIEW The US dollar is trading flat against the G-10 currencies on the day but close to the week’s high. The Australian dollar is nursing its wounds after slumping nearly 2% on a coal crisis. NYMEX WTI Crude is approaching key $60 a barrel and is up 1% on the day
The Dollar headed lower on Friday in N.Y., driven largely by hopes for progress on U.S. trade talks. Trump said the deal with China is more likely happening that not happening, according to headlines on Bloomberg. The president said he could extend the trade truce a month or so with progress. China’s top trade negotiator […]
KUALA LUMPUR (Feb 22): The FBM KLCI closed 9.26 points or 0.54% lower today on profit taking after four consecutive days of gains and following…
KUALA LUMPUR (Feb 22): Shares of Top Glove Corp Bhd plunged more than 5% today as it continued heading south in the afternoon session to…