MOF: International agencies confirm Malaysia’s strong credit ratings
KUALA LUMPUR (Jan 23): The Ministry of Finance (MOF) said three of the world’s largest international credit rating agencies have confirmed Malaysia’s strong credit ratings,…
KUALA LUMPUR (Jan 23): The Ministry of Finance (MOF) said three of the world’s largest international credit rating agencies have confirmed Malaysia’s strong credit ratings,…
KUALA LUMPUR (Jan 23): CIMB Group Holdings Bhd is selling its indirect 51% equity interest in insurance broker CIMB Howden Insurance Brokers Sdn Bhd to…
KUALA LUMPUR (Jan 23): Malaysia will consider laws to restrict imports of French products if Paris does not withdraw plans to curb the use of…
KUALA LUMPUR (Jan 23): Fox Entertainment Group LLC, Twentieth Century Fox Film Corp and FoxNext LLC (Fox) have filed a US$46.4 million counter claim against…
KUALA LUMPUR (Jan 23): Based on corporate announcements and news flow today, companies that may be in focus on Thursday (Jan 24) may include: Genting…
KUALA LUMPUR: Khadem Al Qubaisi, who has been detained in Abu Dhabi since 2016, claims that he is being made a “scapegoat” for the United…
WASHINGTON (Jan 24): Boeing Co’s first aerial refueling tanker in a US$44 billion program is scheduled to land Friday at an Air Force base in…
The Dollar and Yen have traded firmer against most other currencies, with the Japanese unit itself outperforming overall, which has pressed USD-JPY to a two-day low of 109.38. Forex markets are in a safe-haven mode, with Asia stock markets down and S&P 500 futures racking up a 0.8% loss in overnight trading, pointing to a […]
A generally firmer Dollar and Yen, and a souring in risk appetite, will greet U.S. market participants as they return to their desks from their long weekend. USD-JPY edged out a three-day low of 109.32, driven by Yen outperformance as forex markets week looking for safe havens. Europe and Asian stock markets came under pressure, […]
OVERVIEW The US Dollar Index keeps apparent calm despite the prolonged government shutdown The IMF downgrades its forecast for global economic growth, fuelling risk-off trades and equity markets selloffs NYMEX WTI Crude is under pressure, sinking down around 2.7%, and fails to move above a five-week high HIGHLIGHT
The dollar rallied early in the N.Y. session on Tuesday, though was batted down following weak U.S. housing data, and a sharp Wall Street sell off. Global growth concerns drove equities following softer China GDP and an IMF growth downgrade. EUR-USD bottomed at 1.1336 early on, before peaking at 1.1374. USD-JPY opened near 109.40, later […]
PHNOM PENH (Jan 22): China has pledged 4 billion yuan ($588 million) in aid to Cambodia from 2019 to 2021, Prime Minister Hun Sen said…