Currencies settled after an initial jolt in early Asia-Pacific trading after the weekend dramatics of President Trump’s refusing to sign off on the G7 communique. A cautious calm subsequently prevailed, with stock markets lifting out of lows and the yen unwinding some of its safe haven premium. USD-JPY rebounded toward 110.00 from an early-session wobble […]
OVERVIEW Markets are in an upbeat mood as Trump and Kim prepare to meet in Singapore. UK data suggests the economy is still struggling for momentum. Big week ahead with Fed and ECB meetings. Canadian Dollar under pressure after G7 row. Turkey’s economy surges in Q1 despite weak currency and surging borrowing costs. HIGHLIGHT
The dollar has traded mixed, and currencies were more generally settled after an initial jolt in early Asia-Pacific trading after the weekend dramatics of President Trump’s refusing to sign off on the G7 communique. The biggest mover in early trade was a sharp dip in the Canadian dollar. A cautious calm subsequently prevailed, with stock […]
PETALING JAYA (June 12): The new Pakatan Harapan administration will investigate all the previous government’s dubious investments – including the multi-billion ringgit Battersea Power Station…
KUALA LUMPUR (June 12): theedgemarkets.com highlighted three stocks with momentum at Bursa Malaysia’s afternoon market close today. All three showed positive momentum. The stocks with positive…
KUALA LUMPUR (June 12): S P Setia Bhd shares slumped as much as 27 sen or 8% to RM2.93 after Datuk Seri Anwar Ibrahim said…
KUALA LUMPUR (June 12): Padiberas Nasional Bhd (Bernas) is hoping to be the single gatekeeper to fulfil its social obligations after the government announced that…
PUTRAJAYA (June 12):- Radio Televisyen Malaysia (RTM) has officially received the required RM30-million sponsorship from Maxis Bhd and AirAsia Bhd for its telecast of the…
KUALA LUMPUR (June 12): Malaysia is looking to strengthen food security and cut reliance on food imports, according to the country’s newly-elected Minister of Agriculture…
KUALA LUMPUR (June 12): Component parties of the Barisan Nasional coalition in Malaysia’s Sarawak state have decided to form a new coalition, according to statement…
KUALA LUMPUR (June 12): George Kent (M) Bhd’s net profit for the first quarter ended April 30, 2018 rose 16.49% year-on-year to RM21.54 million from…
SINGAPORE (June 12): US President Donald Trump and North Korean leader Kim Jong Un signed a “comprehensive” document following a historic summit aimed at the…