The Dollar has come under broad pressure concomitantly with the 10-year U.S. T-note yield falling to a two-month low toward 3% after Fed Chairman Powell yesterday signalled a dovish turn at the central bank by saying that the Fed funds rate was “just below” neutral, revising the previous guidance of being “a long way from.” […]
TOKYO (Nov 29): Tokyo prosecutors plan to seek an extension of Carlos Ghosn’s detention, after the ousted chairman of Nissan Motor Co was arrested last week for…
KUALA LUMPUR (Nov 29): Khazanah Nasional Bhd is divesting a 16% stake or 1.40 billion shares in IHH Healthcare Bhd to Mitsui & Co Ltd…
KUALA LUMPUR (Nov 29): CIMB Group Holdings Bhd’s net profit for the third quarter ended Sept 30, 2018 rose 4.2% to RM1.18 billion from RM1.13…
KUALA LUMPUR (Nov 29): Malayan Banking Bhd (Maybank) reported today a 3% drop in third quarter net profit at RM1.96 billion from RM2.03 billion a…
(Nov 29): Bids from potential buyers from all over the world were received for the Equanimity superyacht which was previously owned by fugitive financier Jho…
KUALA LUMPUR (Nov 29): The FBM KLCI closed 9.79 points or 0.58% higher today after US Federal Reserve Chair Jerome Powell’s dovish comments on the…
KUALA LUMPUR (Nov 29): Attorney-General (A-G) Tommy Thomas has expressed his willingness to meet with lawyers involved in the civil proceedings over the land where…
KUALA LUMPUR (Nov 29): Former premier Datuk Seri Najib Razak said he had rejected the “proof” of wrongdoings by 1MDB mastermind Jho Low presented to…
FRANKFURT (Nov 22): Deutsche Bank AG’s premises including its headquarters in Frankfurt were being searched by prosecutors on Thursday in a money laundering probe, prosecutors…
SHANGHAI/HONG KONG/BEIJING (Nov 29): China is preparing to end its US$176 billion experiment with peer-to-peer lending. Alarmed by a surge in defaults, fraud and investor anger,…
The Dollar has traded steady-to-firmer, managing gains versus the Euro and Yen, and an underperforming Pound, while posting modest losses to the Aussie Dollar and holding steady versus the Canadian Dollar. Cable shed over 0.5% in pegging a 23-day low at 1.2733, while EUR-GBP lifted to four-session highs. Some market narratives pointed to Trump’s remarks […]