The DXY printed two-month lows of 90.42 overnight, though perked up to 90.78 highs at mid-morning in N.Y.. A better than consensus Q2 U.S. GDP print helped Dollar sentiment, while Jobless claims were about in-line with expectations. Wall Street was mostly higher, though A Reuters’ report that Labor Secretary Walsh says most gig workers should […]
KUALA LUMPUR (April 29): Malaysia saw Covid-19 cases rise to 3,332 today, from 3,142 reported yesterday, marking the second straight day that new infections have…
CALIFORNIA/BENGALURU (April 30): The S&P 500 closed at a record high on Thursday, fueled by gains in Facebook following its strong earnings report, while Amazon…
KUALA LUMPUR (April 29): The Better Malaysia Foundation (BMF) submitted its proposal on affordable homes for low-income earners in Malaysia, namely those from the B40…
WASHINGTON (April 30): U.S. economic growth accelerated in the first quarter as the government gave money to mostly lower-income households, fueling consumer spending and setting…
SINGAPORE (April 30): Oil prices slipped on Friday, taking a breather after touching their highest in six weeks as economic recovery and bullish summer fuel demand outlook…
BENGALURU (April 30): McDonald’s Corp on Thursday smashed Wall Street estimates for comparable sales and returned to pre-pandemic levels of growth as more consumers, flush…
KUALA LUMPUR (April 30): Bursa Malaysia opened higher but retreated thereafter, as earlier gains were snapped by mild profit-taking in plantation and technology counters amid…
KUALA LUMPUR (April 30): Share prices of Ancom Bhd and 50.27%-owned associate Nylex (Malaysia) Bhd fell in morning trade on Bursa Malaysia today after Ancom announced…
KUALA LUMPUR (April 30): Australia and New Zealand Banking Group Ltd (ANZ), which owns about 24% of AMMB Holdings Bhd (AmBank), said today its first-half cash…
KUALA LUMPUR (April 30): Individuals aged between 20 and 29 showed the highest Covid-19 cases incidence rate in the country per 100,000 population so far this…
Finally the dollar has found its feet, with the narrow trade-weighted DXY index posting two consecutive day of higher highs for the first time since late March. The index printed its loftiest level on the week so far at 91.13, extending the modest rebound from Monday’s eight-week low at 90.68. This has been concomitant with […]