Duterte's surprise casino calls bring risk to gaming plans
(Aug 8): Hong Kong-based Galaxy Entertainment Group and Landing International Development Ltd are finding out how unpredictable Philippine President Rodrigo Duterte’s policies can get for…
(Aug 8): Hong Kong-based Galaxy Entertainment Group and Landing International Development Ltd are finding out how unpredictable Philippine President Rodrigo Duterte’s policies can get for…
SINGAPORE (Aug 8): BreadTalk has partnered with Grab to introduce the ride hailing and mobile payments app’s GrabPay service across its 42 bakery outlets across…
KUALA LUMPUR (Aug 8): Dewan Rakyat passed the Goods and Services Tax (Repeal) Bill 2018 to repeal Goods and Services Tax Act 2014 today, through…
KUALA LUMPUR (Aug 8): Finance Minister Lim Guan Eng stressed that the alleged misappropriation of the Goods and Services Tax (GST) input tax credit into…
(Aug 8): Prudential Plc’s focus on Asia is paying off and its business in the region is drawing interest from competitors. The largest U.K.-listed insurer reported…
BEIJING/SINGAPORE/HONG KONG/WASHINGTON, D.C. (Aug 8): China is slapping additional tariffs of 25% on US$16 billion worth of U.S. imports from fuel and steel products to…
OVERVIEW Sterling weakens on comments from officials that there is a strong risk of a no-deal Brexit. US Dollar rises, continuing two consecutive weeks of gains. Disappointment as German industrial orders dropped to an 18 month low. HIGHLIGHT Sterling falls against the US Dollar and the Euro, after UK Trade Minister Liam Fox suggested the odds are […]
Narrow ranges have been seen once again on the day so far, as the London interbank takes to its collective seat. EUR-USD has settled back above 1.1550 after posting a six-week low yesterday at 1.1529. AUD-USD has lifted back above 0.7400 on route to edging out a two-session high of 0.7405. The RBA left its […]
The Dollar index retreated from over two-week highs of 95.51 seen into the N.Y. open on Monday, later falling back to 95.27 lows. There was no data to move markets, resulting in fairly calm trading conditions in FX, Treasuries, and equities. EUR-USD bottomed at 1.1532, then rallied to 1.1570 into the London close. USD-JPY made […]
The Dollar pulled back today after rallying for much of the last week (since the Fed upgraded its assessment of the U.S. economy to “strong” from “solid” in the June statement). There has been a view in markets that the U.S. currency will tend to firm as trade tensions with China ratchet higher, though the […]
KUALA LUMPUR (Aug 7): The FBM KLCI rose 11.34 points or 0.64% today as Asian shares took cue from China’s share rise and global crude…
KUALA LUMPUR (Aug 7): The Malaysian Anti Corruption Commission (MACC) will file several fresh charges against former premier Datuk Seri Najib Razak over criminal offences…