FX trade was quiet through the morning session, as traders largely sat on their hands ahead of the FOMC announcement. The Dollar turned modestly lower after the Fed raised rates by 25 basis points, as expected, and kept another December hike on the table. USD-JPY attempted to rally immediately following the announcement, topping at 113.00 […]
PETALING JAYA (Sept 26): Clare Rewcastle-Brown, editor of Sarawak Report asks the authors of Billion Dollar Whale to reveal their source, for information contained in…
BEIJING (Sep 26): China on Wednesday pledged to expand its $3.8 trillion digital economy and create jobs in new sectors such as big data and artificial…
KUALA LUMPUR (Sept 26): The FBM KLCI closed 4.25 points or 0.24% higher after China-US trade war concerns subsided. Asian shares also took cue from China…
KUALA LUMPUR (Sept 26): Axiata Group Bhd, which holds a 28.69% stake in Singapore’s M1 Ltd, said it is already in discussion with “a financial…
KUALA LUMPUR (Sept 26): Astro Malaysia Holdings Bhd, the country’s largest pay-television provider, has secured the English Premier League (EPL) broadcast rights in Malaysia for another three…
BEIJING (Sept 26): China will cut import tariffs on goods including machinery, paper, textiles and construction materials from Nov 1, in a move that would…
PUTRAJAYA (Sept 26): After more than eight hours of questioning by Malaysia Anti-Corruption Commission (MACC) officers, there has been no sign of Datin Seri Rosmah…
KUALA LUMPUR (Sept 26): Prestariang Bhd has obtained loan facilities totalling RM978.38 million from state-owned Bank Pembangunan Malaysia Bhd (BPMB) for the implementation of the…
KUALA LUMPUR (Sept 26): Based on corporate announcements and news flow today, companies in focus on Thursday (Sept 27) may include: George Kent (Malaysia) Bhd,…
KUALA LUMPUR (Sept 26): Datin Seri Rosmah Mansor (pictured), the wife of former prime minister Datuk Seri Najib Razak, has left the Malaysian Anti-Corruption Commission…
Most pairings and cross rates have posted narrow ranges so far today, although USD-JPY and some yen crosses saw some movement, rising during the Tokyo AM session before ebbing back. USD-JPY posted a two-month high of 112.98, capping out here in the face of Japanese exporter offers. EUR-USD settled in the mid 1.1700s, below the […]