Revamped TPP set to start this year as Australia races to ratify
CANBERRA (Oct 26): Australia is on track to ratify a new Pacific trade deal by Nov 1, the country’s trade minister said, a move that…
CANBERRA (Oct 26): Australia is on track to ratify a new Pacific trade deal by Nov 1, the country’s trade minister said, a move that…
NEW YORK (Oct 26): The recent cratering of stock markets is nowhere near severe enough to rattle confidence and significantly hurt U.S. business and consumer spending,…
SINGAPORE (Oct 26): Singapore’s long romance with public housing is going through a rocky patch, threatening to undermine one of the most popular government policies. For…
BEIJING (Oct 26): China and Japan should safeguard free trade and anchor global growth, Chinese Premier Li Keqiang said on Thursday, as Japan’s prime minister arrived…
KUALA LUMPUR (Oct 26): theedgemarkets.com highlighted one stock with negative momentum at Bursa Malaysia’s afternoon market close today. Stock with negative momentum was: Tatt Giap Group Bhd…
KUALA LUMPUR (Oct 26): Inflation, as measured by the Consumer Price Index (CPI), grew at a slower pace of 0.3% year-on-year (y-o-y) in September due…
KUALA LUMPUR (Oct 26): The FBM KLCI pared some of its loss at the midday break but sentiment stayed edgy in line with the nervy…
LONDON (Oct 26): The world’s billionaires saw their collective wealth rise 19 percent to $8.9 trillion in 2017, led by growth in China, which minted two…
KUALA LUMPUR (Oct 26): Power producers in Malaysia will not see any impact on earnings from the cancellation of four independent power producer (IPP) contracts…
Narrow ranges have prevailed so far today among the main currencies. USD-JPY edged out a two-day high of 112.63, with the pair maintaining a broadly sideways track that’s been seen for nearly two weeks now.
The Euro came under pressure following disappointing flash PMI estimates out of the Eurozone. EUR-USD declined by over 0.5% in posting a 1.1403, which is a two-month low. EUR-JPY fell by 0.5% on route to a six-week low, while EUR-CHF has pegged a two-week low at 1.1373. EUR-USD is now amid its fourth down week […]
The Dollar index rallied to two-month highs of 96.53 in N.Y. on Wednesday, as safe-haven buying again stepped in as a result of another Wall Street sell-off. Flash U.S. PMIs were stronger, though were offset some by weak new home sales figures. EUR-USD bottomed at 1.1380, while USD-JPY was range bound in the lower 112’s. […]