China's Xi urges global institutions to fight trade protectionism
JOHANNESBURG (July 26): Chinese President Xi Jinping called for a concerted effort by global institutions such as the United Nations, the G7 and the World…
JOHANNESBURG (July 26): Chinese President Xi Jinping called for a concerted effort by global institutions such as the United Nations, the G7 and the World…
CYBERJAYA (July 26): Selangor remained as the main economic driver for the country in 2017, with a contribution of about 23.0% of Malaysia’s gross domestic…
KUALA LUMPUR (July 26): Utusan Melayu (Malaysia) Bhd today announced the resignation of Datuk Mohd Noordin Abbas as group managing director. The group’s executive director and…
KUALA LUMPUR (July 26): The US trade war against China has claimed its first local victim, with Pantech Group Holdings Bhd warning that it could…
KUALA LUMPUR (July 26): The sun is not setting on news organisations yet. In fact, they are thriving and transforming to cope with the challenges…
(July 26): Chinese Foreign Minister Wang Yi will hold talks with Malaysian Prime Minister Tun Dr Mahathir Mohamad on Tuesday, government sources have said, adding…
OVERVIEW US Dollar Index marginally up after touching 9-day low. EUR/USD next move on hold ahead of EU Juncker and Trump meeting. Iran-US and tweets pushing WTI higher, up 25 cents to trade near $68.00 a barrel. HIGHLIGHT
The Dollar index faded through the morning session in N.Y. on Tuesday, bottoming at 94.40 before rallying to 94.68 highs. Incoming data had little impact, with the Markit manufacturing PMI edging slightly higher, and the Richmond Fed index printing better than expected levels. EUR-USD peaked at 1.1717, then fell to 116.73 into the close. USD-JPY […]
The Aussie Dollar took a dip on Australian CPI data, which came in at 0.4% q/q in Q2. below the median forecast for 0.5%. AUD-USD fell nearly 0.5% in making an intraday low of 0.7392. Elsewhere, the Dollar majors have shown little net change. Commitment in markets has been limited, with strong corporate earnings and […]
The Dollar has traded mixed so far today. EUR-USD tracked moderately higher, recovering above 1.1700 but remaining shy of yesterday’s peak at 1.1716. A better than forecast German Ifo survey aided the Euro higher, along with an attempt by Italy’s President to calm concerns about the more strident Eurosceptic voices in the populist government. USD-JPY […]
KUALA LUMPUR (July 25): AirAsia Group Chief Executive Officer Tan Sri Tony Fernandes in his latest tweet acknowledged all the incentives provided by Malaysia Airports…
BANGKOK (July 25): Thai authorities said on Wednesday they have approved investment plans worth 29.63 billion baht ($888.2 million), including projects by two Japanese automakers to…