Power shake-up
Energy, Green Technology, Science and Climate Change Minister, Yeo Bee Yin has a plan to disrupt the power industry, where a few players control lucrative…
Energy, Green Technology, Science and Climate Change Minister, Yeo Bee Yin has a plan to disrupt the power industry, where a few players control lucrative…
BRUSSELS/MADRID/LONDON (Nov 23): Spain’s eleventh-hour objection over Gibraltar prevented the European Union on Friday from clearing the last hurdle, before a leaders’ summit on Sunday…
Datuk Seri Najib Razak, in an interview with Sinar Harian last week, conceded that based on information available today, Jho Low had cheated Malaysia of…
News that the UK and EU agreed a Brexit deal in principle interrupted an otherwise subdued session, with Cable rallying about 1% in posting a one-week high at 1.2928. EUR-USD, in contrast, saw narrow range trading around the 1.1400 level, where the pair has been oscillating around over the last day, while USD-JPY traded in […]
A risk-off theme has been prevailing in Asia into the London interbank open, which has seen the Yen outperform and the Australian Dollar underperform. EUR-USD has lifted moderately, though has remained comfortably below yesterday’s 1.1433 high and has continued to narrowly orbit the 1.1400 level. An abatement in Fed tightening expectations has been keeping the […]
Generally weaker incoming U.S. data had little impact on the Dollar in N.Y. on Wednesday, which was largely range bound, though a little firmer overall. Consumer sentiment was softer than forecast, while jobless claims were higher than expected. Existing home sales however, slightly beat expectations. EUR-USD bottomed at 1.1380, from 1.1425 highs. USD-JPY meandered between […]
The Dollar has traded mixed, gaining versus the Yen while losing ground to Dollar Bloc currencies, with a rebound in European equity markets and S&P 500 futures facilitating some squaring out of risk-off positioning. EUR-USD recouped to near 1.1400 from the 113.58 low see yesterday, while USD-JPY lifted back above 113.00 during the London AM […]
OVERVIEW The Euro rallied against US Dollar despite Italian budget worries The Pound held steady as PM May perseveres with her Brexit plan The South African Rand is at 2-week highs as risk appetite improves HIGHLIGHT The Euro to US Dollar rate rose today despite Italy not budging on their budget deficit. The US Dollar has […]
The Dollar majors have seen narrow ranges in thin conditions. U.S. markets are closed today, and will be skeleton-staffed tomorrow, while Japan will be out for its version of the Thanksgiving holiday tomorrow. EUR-USD has settled around the 1.1400 level, where the pair has been oscillating around over the last day, and USD-JPY has trod […]
KUALA LUMPUR (Nov 22): Bursa Malaysia said today proprietary day trading (PDT) intraday short selling (IDSS) of Pos Malaysia Bhd securities have been suspended for…
KUALA LUMPUR (Nov 22): Full-service point-to-point carrier, FlyFirefly Sdn Bhd, which operates as Firefly, today confirmed it will suspend flights into Singapore, effective Dec 1,…
KUALA LUMPUR (Nov 22): Malaysian stocks will pick up next year as confidence returns to the market as people now know what to expect after…