The dollar majors have been showed little movement for the most part. NZD-USD has been the main exception, dropping over 0.5% following a miss in New Zealand business confidence data. The yen, meanwhile, firmed up moderately as stock markets ebbed back after yesterday’s reprieve. USD-JPY ebbed back under 110.00 after yesterday posting a three-session peak […]
The NZ dollar printed a two-week low at 0.6768 following dovish-tilting guidance from the RBNZ, which said that the outlook has been tempered slightly by the trade tensions among some of the world’s major economies. This followed the widely expected decision to leave the cash rate unchanged at 1.75%. Elsewhere, narrow ranges have prevailed. USD-JPY […]
The USD index (DXY) was up by 0.5% as of the mid New York PM session, mirroring the 0.5% loss in EUR-USD and gains the dollar saw against a slew of other currencies today. The biggest advance out of the currencies we track was against the New Zealand dollar, which was nursing a 0.9% loss. […]
KUALA LUMPUR (June 28): The Human Resources Development Fund (HRDF) has formed a Governance Oversight Committee. The committee has been given the mandate to assist the…
KUALA LUMPUR (June 28): TRX City Sdn Bhd (TRX City) shared that the management expects to ring-fence about RM2.4 billion from its initial investment to…
KUALA LUMPUR (June 28): Eco World Development Group Bhd’s (EcoWorld) net profit rose 2.3% to RM34.45 million in the second financial quarter ended April 30,…
SHANGHAI (June 28): Chinese electric carmaker BYD Co Ltd has opened a new lithium battery plant in the northwestern province of Qinghai, which will be the…
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KUALA LUMPUR (June 28): Malaysia’s central bank on Thursday said foreign insurers’ plans to divest stakes to comply with a local rule on ownership are…
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KUALA LUMPUR (June 28): Tun Dr Mahathir Mohamad today said the government is eyeing to put in place a proper policy for foreign workers. This, the…