Indonesia Weighs Tax Cut for Bond Investors to Prop Currency
(Oct 3): Indonesia is weighing proposals to cut the levy on gains from its sovereign bonds and extend tax breaks to exporters who will park…
(Oct 3): Indonesia is weighing proposals to cut the levy on gains from its sovereign bonds and extend tax breaks to exporters who will park…
(Oct 3): Microsoft Corp. upgraded three of its Surface computers, unveiled wireless over-ear headphones and released software to better integrate its devices with iPhones and…
(Oct 3); Bitcoin’s lone U.S. investment trust is feeling the burn as investors reconsider hefty fund fees and its underlying cryptocurrency fails to buck this…
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KUALA LUMPUR: Property developers are behaving more and more like local councils, Deputy Housing and Local Government Minister Datuk Raja Kamarul Bahrin Shah said, noting…
KUALA LUMPUR (Oct 3): The FBM KLCI ticked lower this morning, tracking its regional peers as worries over Italy’s budget plans unnerved global markets. At 9.05am,…
The Dollar has traded mostly firmer, posting fresh trend highs in the case against the Yen, while lifting versus the Euro and other currencies, although holding below recent highs. The main exception was the the Canadian dollar which rallied strongly after the U.S. and Canadian came to an agreement on trade late yesterday, which will […]
The Dollar has traded mixed, pegging 11-month highs against the Yen at one extreme while diving nearly 1% versus the Canadian dollar at the other. Broad Euro firmness was also a theme. USD-CAD dove four-month low at 1.2787 following news late Sunday that U.S. and Canadian came to an agreement on trade, which will see, […]
OVERVIEW Sterling strengthens widely despite a Conservative party Brexit conflict The Canadian Dollar is at a 4-month high on headline-grabbing USMCA trade deal The Turkish Lira is at a 6-week high HIGHLIGHT The Canadian Dollar and Mexican Peso strengthened on a deadline-defying USMCA trade deal which will replace the beleaguered NAFTA agreement. This propelled the […]
The Dollar index rallied in N.Y. trade on Monday, taking it to 95.36 highs from opening lows of 95.01. The move came despite softer ISM and construction spending data, and was largely attributed to the trade agreement between the U.S. and Canada. EUR-USD slipped to 1.1564, helped lower by Italian political concerns. USD-JPY rallied to […]
BANGKOK (Oct 1): As China kicked off its “Golden Week” holiday on Monday, Thailand said it was struggling to lure back visitors from its biggest…
HAIPHONG, Vietnam (Oct 1): At a time when auto companies in the developed world are facing a squeeze on their profits from cash-rich tech firms,…