The Dollar and Yen have traded generally weaker against most other currencies amid a backdrop of strongly-rebounding global stock markets. A détente between on the U.S. and China on trade, along with overall decent corporate earnings, mostly firm U.S. data this week, and a plethora of stock-boosting measures by Beijing, have collectively elicited a rebound […]
OVERVIEW The US Dollar bounces back with non-farm payroll data, beating forecasts There were 250,000 jobs created in the US, putting the unemployment rate at 3.17% Sterling waits for more details over an imminent Brexit deal NYMEX WTI Crude slid 20 cents to $63.50 a barrel HIGHLIGHT
Both the Dollar and Yen have been under pressure today against most other currencies. EUR-USD pegged a fresh 9-day high at 1.1445, extending a three-day high rebound from Wednesday’s four-month low at 1.1302. The gains was seen despite the final release of the Eurozone’s October manufacturing PMI being revised lower to a 26-month low reading […]
KUALA LUMPUR (Nov 2): The following are the highlights of Budget 2019: Themed ‘Malaysia Wibawa, Ekonomi Dinamik, Rakyat Sejahtera’, Budget 2019 will have 3 focus areas,…
KUALA LUMPUR (Nov 2): Prime Minister Tun Dr Mahathir Mohamad said the bulk of the RM7.4 billion or 200 billion yen proceeds to be raised…
KUALA LUMPUR (Nov 2): Petroliam Nasional Bhd (Petronas) can afford to contribute the RM30 billion special dividend to the Federal Government in 2019 due to…
Complete Budget speech Mr Speaker Sir, 1. I beg to move the Bill intituled “An Act to apply a sum from the Consolidated Fund for the service…
KUALA LUMPUR (Nov 2): Malaysia will cooperate with the United States in the effort to arrest fugitive businessman Low Taek Jho, better known as Jho…
KUALA LUMPUR (Nov 2): The Securities Commission Malaysia (SC) announced that it will be putting in place the regulatory framework to regulate digital asset exchanges…
WASHINGTON (Nov 2): The U.S. has agreed to let eight countries — including Japan, India and South Korea — keep buying Iranian oil, after it…
KUALA LUMPUR (Oct 31): Based on corporate announcements and news flow today, stocks in focus on Monday (Nov 5) may include: Genting Bhd, YKGI Holdings…
KUALA LUMPUR (Nov 2): Budget 2019 is likely to improve Malaysia’s social protection system as it balances long-term imperatives with short term economic needs, according…