Sultan Muhammad V resigns as the 15th Agong
KUALA LUMPUR (Jan 6): Kelantan ruler Sultan Muhammad V has decided to vacate his post as the 15th Yang di-Pertuan Agong effective today, according to a…
KUALA LUMPUR (Jan 6): Kelantan ruler Sultan Muhammad V has decided to vacate his post as the 15th Yang di-Pertuan Agong effective today, according to a…
The dollar rallied in early N.Y. trade on Friday, following a stellar U.S. December employment report. Later, the Greenback slid lower as Fed chief Powell underscored that the Fed would be patient and flexible with respect to the policy path, and would adjust policy as conditions warranted. That helped unwind market misconceptions that the course […]
KUALA LUMPUR (Jan 5): The new year has started badly for global equities as growth concerns continue to weigh on investor sentiment. Amid the market…
KUALA LUMPUR (Jan 5): Economic data such as the monthly Nikkei Malaysia Manufacturing Purchasing Managers’ Index (PMI) should not be considered as a reflection of…
The Dollar bounced in N.Y. trade on Thursday following the firmer ADP jobs report, though later fell sharply as the U.S. manufacturing ISM came in much weaker than forecast. The data added another layer of market worry to global growth slowing, while saw the market price out pretty much all 2019 Fed tightenings. The DXY […]
A reversal of risk-on positioning has seen the Yen underperform, while currencies with higher beta characteristics, such as the Australian Dollar and other Dollar bloc units, and developing world currencies, have outperformed most other currencies. The Dollar itself has traded mixed, on net, and EUR-USD settled to an oscillation of the 114.00 level. USD-JPY has […]
A reversal of risk-off positioning has seen the yen underperform, while currencies with higher beta characteristics, such as the Australian dollar and other dollar bloc units, and developing world currencies, have outperformed most other currencies. The Dollar itself has traded mixed, on net, and EUR-USD settled to an oscillation of the 114.00 level. USD-JPY lifted […]
KUALA LUMPUR (Jan 4): LBS Bina Group Bhd set its 2019 new property sales target at RM1.5 billion as the developer foresees persisting housing loan…
KUALA LUMPUR (Jan 4): The RM3 “klia2 fee” that AirAsia Group Bhd imposed on all passengers departing from the terminal in Sepang as part of…
KOTA BHARU (Jan 4): The Yang di-Pertuan Agong, Sultan Muhammad V, today attended Friday prayers at Masjid Al Sultan Ismail Petra in Kubang Kerian here. Sultan…
KUALA LUMPUR (Jan 4): Some 23% or 1.34 million hectares out of 5.8 million hectares of oil palm plantations in the country have been certified…
KUALA LUMPUR (Jan 4): The retail price of RON95 petrol will be reduced to RM1.93 per litre from midnight tonight. The current price is RM2.20…