KLCI retreats as Axiata, Public Bank drag
KUALA LUMPUR (Feb 13): The FBM KLCI retreated in early trade, dragged by losses at key index-linked blue chips including Axiata Group Bhd and Public…
KUALA LUMPUR (Feb 13): The FBM KLCI retreated in early trade, dragged by losses at key index-linked blue chips including Axiata Group Bhd and Public…
The USD index carved out a new six-week high, at 96.502, during the opening phase of trading in Asia-Pacific before quickly settling to a narrow-ranged consolidation. EUR-USD concurrently saw a 17-day low at 1.1315. Most market commentaries ascribed the Dollar’s gains as either being safe-haven related, or a winner of a least-ugly contest, with global […]
The Dollar has outperformed in early-week trading, while the Yen underperformed amid a backdrop of firmer global stock markets. The narrow trade-weighted USD index posted a six-week high at 96.87, EUR-USD, down for a sixth consecutive day, printed an 18-day low at 1.1297. The pair would only need to trade below 1.1289 to be in […]
The Dollar index rallied to 2019 highs in N.Y. on Monday, topping at 97.11, and up from 96.69 into the open. The Greenback continues to benefit from safe-haven flows in light of trade uncertainty and slowing growth in Europe and China. EUR-USD fell to 1.1268 from near 1.1320. USD-JPY perked up, topping at 110.47. USD-CAD […]
KUALA LUMPUR (Feb 11): Based on corporate announcements and news flow today, companies that may be in focus on Tuesday (Feb 12) may include the…
KUALA LUMPUR (Feb 11): AirAsia has said it is “perplexed” over Malaysia Airports Holdings Bhd (MAHB)’s letter of demand to retract press statements issued by…
BUTTERWORTH (Feb 11): Japanese investors are now confident of returning to invest in Malaysia amid the country’s strengthening economy, said Finance Minister Lim Guan Eng. He…
KUALA LUMPUR (Feb 12): The FBM KLCI is expected to trade range bound with immediate support at 1,680. Stock markets globally inched higher on Monday after…
(Feb 12): The U.K. should tackle the power of Silicon Valley over Britain’s news publishers and push U.S. tech giants to promote quality journalism, according…
(Feb 12): Underneath this buoyant earnings season has been a deteriorating trend that Morgan Stanley says is hard to stop. That’s Wall Street’s 2019 forecasts for…
(Feb 12): Kyle Bass, founder of Hayman Capital Management, said the U.S. most likely will enter a mild recession by the middle of 2020 as…
KUALA LUMPUR (Feb 12): Jamilah Taib Murray, the daughter of Sarawak Governor and former chief minister Abdul Taib Mahmud, and her husband Sean Murray were…