World stocks head for worst losing streak in over half a decade
LONDON (Oct 26): Global stocks slid lower on Friday and were set for their worst week in more than five years, as anxiety over corporate…
LONDON (Oct 26): Global stocks slid lower on Friday and were set for their worst week in more than five years, as anxiety over corporate…
KUALA LUMPUR (Oct 26): AirAsia Group Bhd’s consolidated aircraft operating certificates (AOCs) comprising Malaysia, Indonesia and the Philippines saw total passengers increase by 9% in…
BEIJING (Oct 26): China is likely to use its vast currency reserves to stop any precipitous fall through the psychologically important level of 7 yuan per…
KUALA LUMPUR (Oct 26): Based on corporate announcements and news flow today, stocks in focus for Monday (Oct 29) may include the following: MMC Corp…
PUTRAJAYA (Oct 26): Saudi Foreign Minister Adel Ahmed Al-Jubeir said the RM2.6 billion donation allegedly received by former Prime Minister Datuk Seri Najib Tun Razak…
PETALING JAYA (Oct 26): Datuk Seri Mustapa Mohamed, who left UMNO last month, has decided to join Parti Pribumi Bersatu Malaysia (Bersatu) tonight. He submitted his…
KUALA LUMPUR (Oct 27): Recent electoral setbacks have brought the once mighty Malaysian Chinese Association or MCA, who once fought on the frontlines for Malaya’s…
The Dollar has traded softer and the Yen has outperformed on a safe haven bid amid a backdrop of hefty global stock market losses. The USD index (DXY), which has rallied quite strongly over the last week and a half, is presently showing a decline of 0.2%., at 96.24, extending the correction from yesterday’s two-month […]
The Dollar has traded on a soft tack, while the Yen, after gaining during the Asian session, corrected against most currencies as European stock markets and U.S. equity index futures found some bargain-hunting demand after the rout. EUR-USD has settled to a narrow orbit of the 1.1400 level, with the pair consolidating after printing a […]
The Dollar index peaked at 96.71, its highest since August 16 in N.Y. on Thursday. Incoming data had little impact, though risk-taking levels improved, allowing Wall Street to rally, which largely helped the Greenback. EUR-USD fell on a dovish leaning Draghi, leaving the pairing at 1.1359 lows. USD-JPY traded a narrow band, though was supported […]
OVERVIEW Sterling sinks on renewed fears of no-deal Brexit following warnings from Europe’s Central Bank president European and Asian stock markets struggle to recover, Wall Street follows suit Bank of Canada delivers expected interest rate hike HIGHLIGHT
KUALA LUMPUR (Oct 26): The wife of former prime minister Datuk Seri Najib Razak, Datin Seri Rosmah Mansor, and her two sons, Norashman and Riza…