Once-richest woman becomes biggest loser in China wealth rout
HONG KONG (Oct 19): iPhone and Tesla touchscreens once made her China’s richest woman. The US-China trade war has made her the biggest loser in…
HONG KONG (Oct 19): iPhone and Tesla touchscreens once made her China’s richest woman. The US-China trade war has made her the biggest loser in…
KUALA LUMPUR (Oct 19): Electronic solutions provider MyEG Services Bhd (MyEG) says the company has received a confirmation from Malaysia’s anti-graft commission that neither the…
KUALA LUMPUR (Oct 19): Gains in Asian markets failed to lift the FBM KLCI today, closing 5.87 points or 0.34% lower at 1,732.14, marking its…
KUALA LUMPUR (Oct 19): Based on corporate announcements and news flow today, stocks in focus on Monday (Oct 22) may include Datasonic Group Bhd, My…
KUALA LUMPUR (Oct 19): CIMB Group announced today that it has received Bank Negara Malaysia’s greenlight for the appointment of Datuk Mohd Nasir Ahmad as…
The Dollar has traded softer during the European AM session interbank open after firming during the Asian session. EUR-USD flipped back above 1.1500 after posting an eight-day low at 1.1481, which was the culmination of a Dollar ascent following the Fed minutes to the late-September FOMC meeting, which revealed policymakers remaining committed to gradual tightening. […]
The Dollar has traded mostly firmer in the wake of the release of the Fed minutes to the late-September FOMC meeting, which revealed policymakers remaining committed to gradual tightening. The USD index (DXY) has printed an eight-day high at 95.75, and is now up by just over 1% from the three-week low that was seen […]
OVERVIEW The Pound weakened to a 10-day low against the Dollar following PM May’s speech at the potentially pivotal EU Summit in Brussels. Higher Treasury yields boosted the Dollar following positive news from the US Federal Reserve Meeting Minutes The Canadian Dollar fell to a one-week low point due to a sharp drop in oil prices […]
The dollar index rallied to eight-session highs of 95.97 in N.Y. on Thursday, with gains coming on safe-haven flows into the Greenback. It was another risk-off session, with threats of Fed rate hikes, coupling with the Saudi situation, and ongoing European concerns over Italy. EUR-USD slid to 1.1455 lows after topping at 1.1516. The risk-sensitive […]
KUALA LUMPUR: The government has revised several headline targets in its 11th Malaysia Plan (11MP) (2016-2020) as it sought to balance the objectives of fiscal…
KUALA LUMPUR (Oct 19): Former deputy prime minister Datuk Seri Ahmad Zahid Hamidi arrived at the KL Court Complex at 8.15am today to face charges,…
KUALA LUMPUR (Oct 19): The FBM KLCI lost 0.52% at mid-morning today, tracking losses at the regional markets. At 10am, the FBM KLCI fell 8.98 points…