Hong Kong to sell cheap homes in world's least affordable city
HONG KONG (Dec 19): Hong Kong’s government is set to sell its first batch of cheap homes under a new program to help people get…
HONG KONG (Dec 19): Hong Kong’s government is set to sell its first batch of cheap homes under a new program to help people get…
SINGAPORE (Dec 19): Many leading Asian companies’ boards are still reluctant to move out of their comfort zone when appointing non-executive directors, according to Heidrick…
SEPANG (Dec 19): Malaysia Airports Holdings Bhd (MAHB) aims to attract 10 new airlines both premium and low-cost carriers (LCCs) to Malaysia, especially to its…
KUALA LUMPUR (Dec 19): Come Feb 11, 2019, Datuk Muhamad Umar Swift will assume the role of chief executive officer (CEO) at Bursa Malaysia Bhd…
LONDON (Dec 19): Oil traded near its lowest closing level in 15 months, as fears over slowing global economic growth compounded concerns that the market…
KUALA LUMPUR (Dec 19): The FBM KLCI closed 20.35 points or 1.24% higher today, helped by gains in index-linked stocks including Genting Malaysia Bhd and…
KUALA LUMPUR (Dec 19): Former Goldman Sachs banker Roger Ng Chong Hwa was charged today with abetting his former employer in the issuance of bonds…
OVERVIEW The Pound remains weak as the can is kicked down the road once again on “meaningful vote.” US Dollar yields ground ahead of FED Interest rate Announcement. The Loonie dips on concerns over global growth. The Croatian Central Bank intervenes to stop the Kuna appreciating. HIGHLIGHT
The Dollar headed lower overnight, taking the DXY 97.06 lows from overnight highs of 97.46, and from 18-month highs of 97.71 seen on Friday. Incoming U.S. data included a sharp drop in the Empire State index, and a softer NAHB housing index, which put some downward pressure on the Greenback. Wall Street imploded again, leaving […]
The Yen has been buoyed amid a risk aversion theme in global markets after Wall Street closed with 2%-plus declines yesterday and with Asian equity markets also taking a tumble today. USD-JPY posted an eight-day low of 112.47. Yen crosses also saw a similar price action, with the high beta AUD-JPY cross coming within 10 […]
The Dollar came under broad pressure during the London AM session. Market narratives are talking about position trimming into the Fed’s expected rate hike, which is also widely expected to be accompanied with dovish-leaning guidance. This view appears to have helped stock markets find some stability following the hefty losses Wall Street saw yesterday. S&P […]
SHANGHAI (Dec 18): China celebrated the 40th anniversary of its reform and opening up by honoring the country’s most famous entrepreneurs, academics, and athletes —…