Go-Jek launches services in Hanoi amid $500 million overseas expansion drive
HANOI (Sep 12): Indonesian ride-hailing firm Go-Jek on Wednesday launched its services in Vietnam’s capital of Hanoi under the brand Go-Viet, as part of its…
HANOI (Sep 12): Indonesian ride-hailing firm Go-Jek on Wednesday launched its services in Vietnam’s capital of Hanoi under the brand Go-Viet, as part of its…
KUALA LUMPUR (Sept 12): The Ministry of Finance has removed Datuk Zakaria Arshad as the Government-appointed director to the board of directors at FGV Holdings…
SINGAPORE (Sept 12): The financial performance of Asia’s family-owned businesses is far superior to their peers in terms of growth and profitability, finds a recent…
KUALA LUMPUR (Sept 12): Based on corporate announcements and news flow today, companies that may be in focus on Thursday (Sept 13) may include the…
The Dollar more than reversed intraday losses it saw against most currencies, and the USD index (DXY) was showing a fractional gain heading into the New York interbank open, at 95.28, up from the two-session low seen earlier at 94.88. EUR-USD concurrently fell by 50 pips to levels near 1.1590, leaving the 1.1644 two-session high […]
Dollar and Yen underperformance has been the main theme so far today, heading into the London interbank open, especially the Japanese currency, which is showing a 0.3% decline versus the Dollar, a 0.4% loss to the Euro and Australian Dollar and a decline of 0.5% against the Pound and Canadian Dollar. USD-JPY posted a four-session […]
OVERVIEW Global trade tensions keep currency moves in check. Investors focus on Washington, DC as Canadian and American officials reconvene to discuss NAFTA terms Oil futures are up 0.3%, and Gold futures are seeing red, down $6 an ounce HIGHLIGHT
OVERVIEW Global trade tensions keep currency moves in check. Investors focus on Washington, DC as Canadian and American officials reconvene to discuss NAFTA terms Oil futures are up 0.3%, and Gold futures see red, down $6 an ounce HIGHLIGHT
The Dollar has held steady versus the Yen while losing ground to a broadly firmer Euro, inspired by a rally in Italian assets on welcome signs of budgetary prudence on the part of the Italian government. EUR-USD rallied out of a three-week low at 1.1526 that was seen in early London trading to the upper […]
OVERVIEW The UK’s Pound Sterling surged to a 5 week high on hopes of a Brexit deal getting done. The Turkish Lira slips as economic growth dips. The Indian Rupee slumps as emerging market currencies weaken HIGHLIGHT European Chief Negotiator Michel Barnier sends the Pound to a 5 week high on news that he sees […]
FX trade was very quiet in N.Y. on Monday, with the only move coming early, when EU Brexit negotiator Barnier said a deal with the U.K. was possible. Cable shot up to one-month highs over 1.3050, dragging EUR-USD to 1.1616 highs in the process. USD-JPY remained inside of a minuscule 15-point range, bottoming at 111.03. […]
GEORGE TOWN (Sept 10): The government will provide Sales and Service Tax (SST) exemptions involving the rental of small stalls and sale of cigarettes to…