The Dollar index attempted to rally after the less than stellar U.S. jobs report, though ultimately faded to 95.55 lows in morning trade. The surge in Treasury yields resulted in another Wall Street rout, which weighed down the Greenback. EUR-USD topped at 1.1549 from 1.1484 lows before settling near 1.1500, while USD-JPY headed to near […]
KUALA LUMPUR (Oct 5): The Admiralty Court here today granted an application by the government to appoint a central broker and an international appraiser to…
LONDON (Oct 5): Oil prices crept back towards four-year highs on Friday as traders anticipated a tighter market due to US sanctions on Iran’s crude…
KUALA LUMPUR (Oct 5): Palm oil producers are not subject to the sales and service tax (SST), Royal Malaysian Customs Director-General Datuk Seri Subromaniam Tholasy…
KUALA LUMPUR (Oct 5): The Prime Minister’s Office announced today that PriceWaterhouseCoopers partner Tengku Muhammad Taufik Tengku Aziz will be Petronas’ new chief financial officer,…
KUALA LUMPUR (Oct 5): The FBM KLCI closed down 12.96 points or 0.72% today after local institutional investors took profit and as higher US government…
KUALA LUMPUR (Oct 5): Based on corporate announcements and news flow today, companies that may be in focus on Monday (Oct 8) may include the…
(Oct 5): The U.S. trade deficit widened in August to the biggest in six months, as soybean exports plunged and a measure of the gap…
REUTERS FACTBOX: LONDON (Oct 5): The West has accused Russia’s military intelligence agency (GRU) of running what it described as a global hacking campaign, targeting institutions…
(Oct 5): U.S. hiring cooled in September by more than forecast, wage gains eased slightly and the jobless rate fell to a 48-year low, illustrating…
Higher oil prices have given Malaysia more breathing room to deal with the loss of revenue from axing GST. However, new taxes are likely as…
The Dollar has traded firmer concomitantly with a rise in Treasury yields following strong U.S. data. The USD index (DXY) posted a fresh six-week high at 96.12 in what is now the fifth consecutive session of rises. EUR-USD concurrently logged a six-week low, at 1.1463. USD-JPY rallied to a new nine-month high at 114.55, despite […]