KLCI extends loss, tracks regional decline
KUALA LUMPUR (Oct 5): The FBM KLCI extended its losses in early trade today, tracking the decline atmost regional markets. At 9.05am, the FBM KLCI fell…
KUALA LUMPUR (Oct 5): The FBM KLCI extended its losses in early trade today, tracking the decline atmost regional markets. At 9.05am, the FBM KLCI fell…
There have been mixed themes in trading so far today, with the Dollar and Yen trading generally softer, especially against an outperforming Euro, except in the case versus the Australian Dollar, which has underperformed following a 9.4% m/m in Australian building approvals (which confounded the median forecast for a 1.0% m/m rise). The magnitude of […]
The Euro lifted across-the-board on a report in Italy’s Corriere della Sera says that the government is now planning to cut the budget deficit to 2% of GDP in 2021, following deficits of 2.4% in 2019 and 2.2% in 2020, which sparked a bounce in the euro. The Italian government had previously been planning a […]
Solid ADP jobs and services ISM data supported the Dollar in N.Y. trade on Wednesday, taking the DXY to a better than one-month high of 95.78. EUR-USD fell to 1.1509 lows from 1.1554, while USD-JPY printed 11-month highs of 111.41 on improved risk taking levels. USD-CAD remained relatively steady in the lower 1.28’s. Cable meanwhile, […]
OVERVIEW The US Dollar strengthens as jobs data shows their economy is in good shape. The Pound holds steady as PM Theresa May stays on script on Brexit. The Loonie sinks slightly, but retains the gains made now that the trilateral USMC Agreement is replacing NAFTA. HIGHLIGHT The US Dollar is strong against today relative […]
SINGAPORE (Oct 3): Singaporean telecom operator StarHub Ltd said on Wednesday it would cut about 12% of its workforce as part of a strategic revamp…
KUALA LUMPUR (Oct 3): Former Bank Negara Malaysia (BNM) Governor Tan Sri Dr Zeti Akhtar Aziz walked away with the Royal Award for Islamic Finance…
KUALA LUMPUR (Oct 4): The FBM KLCI is expected to trend sideways today, in line with the slight gains at most regional markets and hover…
KUALA LUMPUR (Oct 3): Based on corporate announcements and news flow today, companies in focus on Thursday (Oct 4) may include: Axiata Group Bhd, Maxis…
(Oct 4): Facebook Inc. has become the first big test case for the European Union’s beefed up privacy rules as Ireland’s data watchdog opened a…
(Oct 4): The biggest exchange-traded fund tracking Chinese equities tumbled Wednesday after JPMorgan Chase & Co. downgraded the nation’s stocks, forecasting a “full-blown trade war”…
KUALA LUMPUR: Datin Seri Rosmah Mansor, wife of embattled former prime minister Datuk Seri Najib Razak, will be charged today for offences relating to money…