Time to come clean on 1MDB issue, DAP stalwart tells Najib
KUALA LUMPUR (July 22): It is imperative for former prime minister Datuk Seri Najib Razak to take the floor in tomorrow’s debate in Parliament on…
KUALA LUMPUR (July 22): It is imperative for former prime minister Datuk Seri Najib Razak to take the floor in tomorrow’s debate in Parliament on…
KUALA LUMPUR (July 22): The Office of the Chief Minister of Sarawak (OCMS) has denied that Sarawak’s state oil corporation Petroleum Sarawak Bhd (Petros) is…
JAKARTA (July 22): The Pakatan Harapan (PH) government is not flip-flopping, but is forced to face various constraints to implement promises made in its manifesto…
KUALA LUMPUR (July 22): World former number five Low Wee Wern claimed in advance the most precious gift for her 27th birthday by winning her maiden…
OVERVIEW US Dollar Index shot down by comments and putting at risk Fed’s independence. Currency war brewing with Chinese Yuan falling to its lowest level in more than a year. WTI is trading a touch below $70 a barrel, up 55 cents on the day. HIGHLIGHT
The Dollar was fairly steady in the London morning session, but that changed in a hurry following a Trump tweet again talking down rates and the dollar, accusing China and the EU of currency manipulation. The Greenback then tumbled broadly, taking EUR-USD to 1.1738 highs from pre-open levels of 1.1650. USD-JPY fell from near 112.50 […]
KUALA LUMPUR (July 20): The 20% oil royalty recently promised by the Pakatan Harapan (PH) federal government to oil-producing states will be based on profits…
Sapura Energy Bhd CEO Tan Sri Shahril Shamsuddin’s RM71.9 million pay package for FY2018 was a point of contention at the company’s AGM last week….
KUALA LUMPUR (July 20): Based on corporate announcements and news flow, companies that may be in focus on Monday (July 23) include the following: Gamuda…
The Dollar has been trading with a softer bias after President Trump said yesterday that he was “not thrilled” with higher interest rates while venting at the weaker Yuan, even though the remarks that were subsequently walked back some by a White House official. Trump’s remarks were from a preview of an interview with CNBC, […]
After a relatively quiet morning session, the Dollar took a hit on Trump headlines that came from a CNBC preview of an interview with him that will be released in its entirety tomorrow. In it Trump said that while he values the independence of the Fed, he must say that he’s not pleased with rates […]
OVERVIEW USD strengthens across the board. European equities are lower. GBP/USD is at 10-month lows. HIGHLIGHT China’s central bank announced plans to weaken the Yuan as a means of stimulus in response to US tariffs imposed on Chinese exports. USD/CNY made new 1-year highs in response.