China fines Alibaba record US$2.75b for anti-monopoly violations
SHANGHAI/HONG KONG (April 10): China slapped a record 18 billion yuan (US$2.75 billion) fine on Alibaba Group Holding Ltd on Saturday, after an anti-monopoly probe…
SHANGHAI/HONG KONG (April 10): China slapped a record 18 billion yuan (US$2.75 billion) fine on Alibaba Group Holding Ltd on Saturday, after an anti-monopoly probe…
The dollar has steadied after printing fresh lows yesterday, which has been concomitant with the 10-year U.S. Treasury yield lifting back above 1.650% after yesterday posting a two-week low just under the 1.630% mark. The DXY dollar index has lifted to around 90.30 from the 17-day low that was logged at 92.0. EUR-USD has concurrently […]
The dollar has rebounded after printing fresh lows yesterday, which has been concomitant with the 10-year U.S. Treasury yield vaulting back above 1.670% after yesterday posting a two-week low just under the 1.630% mark. The DXY dollar index lifted to a rebound high of 92.33 from the 17-day low that was logged at 92.0. EUR-USD […]
FX trade was quiet in N.Y. on Friday, though the Dollar, after edging higher early, later lost ground. Hotter than expected March PPI, and accompanying higher Treasury yields lifted the Greenback early in the session, though the DXY later faded to near lows of the week on light profit taking into the weekend, perhaps driven […]
The dollar has remained above yesterday’s lows, as measured by the DXY index, which printed a 16-day low at 92.14 yesterday. The index since clocked a rebound high at 92.50 before ebbing back towards 92.20. At the same time, the 10-year U.S. Treasury yield has remained several basis points above yesterday’s lows, though the short-dated […]
The Dollar was mostly lower in N.Y. trade on Thursday, leaving the DXY at near three-week lows of 92.00, down from 92.30 ahead of the open, and 92.48 highs in Asia. Disappointing weekly jobless claims weighed on the USD, as did softening Treasury yields. The pullback in yields this week, largely driven my easing inflation […]
The dollar has remained above yesterday’s lows, as measured by the DXY index, which printed a 16-day low at 92.14 yesterday. The index since clocked a rebound high at 92.50 before ebbing back towards 92.20. At the same time, the 10-year U.S. Treasury yield has remained several basis points above yesterday’s lows, though the short-dated […]
PUTRAJAYA (April 8): The prosecution in Datin Seri Rosmah Mansor’s solar hybrid project graft trial was ordered to produce lead prosecutor Datuk Seri Gopal Sri…
KUALA LUMPUR (April 8): Malayan Banking Bhd’s (Maybank) investment banking arm Maybank Kim Eng Group confirmed today Maybank Kim Eng Securities (Thailand) Pcl has cancelled…
KUALA LUMPUR (April 8): Top Glove Corp Bhd, which has been prohibited from exporting its goods from Malaysia to the US following allegations of forced…
EVENING 5: Celcom-Digi merger on the cards Dirty dealings. Corporate battles. Consumer woes. Here are five things you need to know today. 1. Axiata and…
PUTRAJAYA (April 4) : A Court of Appeal judge today questioned Datuk Seri Najib Razak’s lawyer on the status of the RM4 billion loan granted…