Telecom network maker Nokia reorganizes itself ahead of 5G race
(Nov 22): Nokia will merge its mobile networks and fixed networks business groups into a new unit called Access Networks as it takes aim at 5G…
(Nov 22): Nokia will merge its mobile networks and fixed networks business groups into a new unit called Access Networks as it takes aim at 5G…
KUALA LUMPUR (Nov 22): The dip in crude palm oil (CPO) prices to below the RM2,000 per tonne level has stirred some panic in the…
KUALA LUMPUR (Nov 22): The FBM KLCI rose 0.25 point or 0.01% to close at 1,695.62 after volatile trade amid concerns on rising US interest…
TOKYO (Nov 22): Japan’s government pointed on Thursday to signs of increasing weakness in some Asian economies as escalating trade frictions cloud the region’s growth outlook,…
SINGAPORE (Nov 22): Singapore’s Finance Minister Heng Swee Keat will be named first assistant secretary-general of the country’s ruling political party, the Today newspaper reported,…
KUALA LUMPUR (Nov 22): The Malaysian Aviation Commission (Mavcom) said today it is cognisant of the “potential inconsistency” between the departure levy to be introduced…
SERDANG (Nov 22): Prime Minister Tun Dr Mahathir Mohamad said the government is in the process of drafting the National Agro-Food Policy 2021-2030, the objective…
There have been mixed themes coursing through forex markets so far today. The Euro has come under general pressure, pushing EUR-USD under 1.1430, down from the two-week high posted during the early London interbank session at 1.1473, and EUR-JPY over 60 pips lower from highs to a two-session low at 128.36. The decline has been […]
The Dollar was under some pressure into the N.Y. open on Tuesday, though as the session progressed, the Greenback managed a decent rally. The DXY popped to 96.87 highs from opening levels near 96.85. Slightly better than expected housing starts data helped slightly, though another day of severe risk-off conditions, saw some safe-haven flows into […]
OVERVIEW The Dollar Index halts a five–day slide against the G-10 currencies British Pound moves into consolidation mode before it breaks out NYMEX WTI Crude loses 2.3% to trade near $55.90. HIGHLIGHT
The Dollar majors have traded mixed, with the U.S. currency gaining versus the Yen but losing ground against rebounding Dollar Bloc currencies, with a lift-from-lows and rebound in S&P 500 futures facilitating some squaring out of risk-off positioning. USD-JPY has lifted three-day highs in the upper 112.0s, and most Yen crosses have also lifted. Asian […]
KUALA LUMPUR (Nov 21): Sapura Energy Bhd’s units have secured several contracts in Malaysia and Mexico with a combined value of approximately RM1.75 billion. In a…