UK's Serious Fraud Office drops probes at Rolls Royce, GSK
(Feb 22): Britain’s Serious Fraud Office (SFO) has dropped long-running investigations into individuals at aero engine maker Rolls-Royce and drugs giant GlaxoSmithKline, adding to a…
(Feb 22): Britain’s Serious Fraud Office (SFO) has dropped long-running investigations into individuals at aero engine maker Rolls-Royce and drugs giant GlaxoSmithKline, adding to a…
KUALA LUMPUR (Feb 22): Axiata Group Bhd posted a net loss of RM1.66 billion for the fourth quarter ended Dec 31, 2018 (4QFY18) — compared…
KUALA LUMPUR (Feb 22): Based on corporate announcements and news flow today, stocks in focus on Monday (Feb 25) may include: MISC Bhd, Malakoff Corp…
BUCHAREST (Feb 22): Caterpillar Inc trucks, Xerox Corp machines and Samsonite International SA luggage are among U.S. goods that would face retaliatory European Union tariffs…
BERLIN (Feb 22): The mobile industry’s biggest show is shaping up to be a proxy for a U.S.-China battle over the future of Huawei Technologies…
KUALA LUMPUR (Feb 23): Disrupted by technology in the last few years, Astro Malaysia Holdings Bhd has been losing pay-tv customers to real-time content pirates….
WASHINGTON (Feb 23): The U.S. Justice Department on Friday said it had filed complaints seeking forfeiture and recovery of approximately US$38 million (RM154 million) in…
KUALA LUMPUR (Feb 23): Kelana Ventures Sdn Bhd (KVSB), a company owned by tycoon Tan Sri Syed Mokhtar Albukhary, has confirmed a report by The…
The Australian Dollar dove sharply, dropping over 1% in making a six-day low at 0.7086. The pair has reversed abruptly after rallying in the wake of a much stronger than anticipated jobs report out of Australia, hit but news that China was banning Australian coal imports out of the port of Dalian and imposing a […]
The Dollar lifted on ascending hopes for a U.S.-China trade deal during the Asia session before coming off the boil during the London AM session. Sources cited by Reuters said Washington and Beijing have started to outline commitments in principle in what is described as the most significant progress yet. EUR-USD saw some chop but […]
OVERVIEW The US dollar remains in consolidation mode against the major currencies The Australian dollar is experiencing volatile session, plunging nearly 1.1% against its US counterpart NYMEX WTI Crude consolidates around $57.00 a barrel, appreciating 25% so far this year.
The DXY bottomed early in the session following softer U.S. data, though then recovered through the morning session. The index based at 96.36, later topping at 96.66. Treasury yields rose on reports the U.S. and China are closer to a trade deal, which helped support the Dollar. EUR-USD fell to 1.1323 lows from near 1.1365, […]