Mahathir calls for review of Trans-Pacific trade pact
KUALA LUMPUR (June 9): Malaysian Prime Minister Mahathir Mohamad called for a review of the Trans-Pacific Partnership trade agreement, saying smaller economies like Malaysia were…
KUALA LUMPUR (June 9): Malaysian Prime Minister Mahathir Mohamad called for a review of the Trans-Pacific Partnership trade agreement, saying smaller economies like Malaysia were…
WASHINGTON (June 8): US prefer Malaysian prosecutors to file criminal charges against any Malaysiann official including former Prime Minister Najib Razak. Reuters reported that US prosecutors…
The dollar has been trading mixed amid a worsening risk-off tone in global markets, losing ground to the yen while gaining against the euro and dollar bloc currencies. Market participants are wary about the G7 meetings in Canada, which will start later today, and which seems to be mostly seen as a risk event give […]
OVERVIEW Canadian Jobs Data is soft with unemployment rate steady at 5.8%. G7 gets underway with trade tensions served hot. DXY Index up near a two-day high. WTI Oil Futures flat near $66.00 a barrel after touching an 8-week low. HIGHLIGHT
The dollar has traded mixed, gaining on the euro and underperforming dollar bloc currencies, and to a less extent the pound, while losing ground to the outperforming yen. A risk-off vibe in global markets as markets fret that the weekend’s G7 meeting, which will start later today in Canada, will magnify the prevailing discord over […]
FX trade was quiet in N.Y. to end the week, with the DXY slipping modestly from 93.82 to 93.52 lows. There was little data to drive the FX market, and activity was largely a function of pre-weekend positioning. EUR-USD ranged between 1.1737 and 1.1778, while USD-JPY peaked at 109.60, before bottoming at 109.34. USD-CAD popped […]
KUALA LUMPUR (June 8): The government’s fight against corruption kicks into high gear, with the newly-formed National Centre for Governance, Integrity and Anti-Corruption (GIACC) taking…
SHAH ALAM (June 8): Proton Holdings Bhd is on track to launch its first sports utility vehicle (SUV) as early as September 2018 to grow…
(June 8): London is getting a new landmark on an historic site – one of the biggest Chinese embassies in the world. Beijing announced on May…
PETALING JAYA (June 8): Eco World International Bhd (EWI) and Willmott Dixon Holdings Ltd have officially launched EcoWorld London last night. The launch event was held…
(June 8): A Kim Jong-un lookalike said on Friday he was questioned on arrival in Singapore ahead of a historic US-North Korea summit and told…
KUALA LUMPUR (June 8): Malaysia is considering asking the US Department of Justice (DoJ) to get Goldman Sachs to return nearly US$600 million in fees…