Dimon says ‘fintech and big tech are here’ as banks lose ground
NEW YORK (April 7): Jamie Dimon, who built the biggest and most profitable US bank in history, is warning shareholders his industry’s disruption by technology…
NEW YORK (April 7): Jamie Dimon, who built the biggest and most profitable US bank in history, is warning shareholders his industry’s disruption by technology…
KUALA LUMPUR (April 7): European plane maker Airbus says it is working with its cash-strapped airline customers across the world including Malaysia to find solutions…
KUALA LUMPUR (April 7): The federal and state governments are required to publish and gazette all additional spending done under the Emergency Ordinance that bypasses…
NEW YORK (April 8): Major averages hovered near unchanged on Wednesday, with the S&P 500 closing up slightly after the Federal Reserve released minutes from…
KUALA LUMPUR (April 7): Based on corporate announcements and newsflow today, companies in focus on Thursday (April 8), may be as follows: Nestle (Malaysia) Bhd,…
NEW YORK (April 8): Oil futures inched higher on Wednesday on an improving global economic outlook, but gains were capped by rising gasoline inventories and…
The dollar has found its feet after taking a tumble in thin markets yesterday. The bullish case for the greenback remains strong, given the outsized fiscal stimulus coursing through the U.S. economy alongside the relatively advanced states of Covid vaccination progress in the U.S. and likelihood for further widening in the U.S. Treasury yield differential […]
The dollar has found its feet after taking a tumble in thin markets yesterday. The bullish case for the dollar remains strong, given the outsized fiscal stimulus coursing through the U.S. economy alongside the relatively advanced states of Covid vaccination progress in the U.S. and likelihood for further widening in the U.S. Treasury yield differential […]
The Dollar was mostly lower on Tuesday, though Sterling was the notable exception, as Cable lost ground to the USD through the session. The DXY printed two-week lows of 92.38, briefly trading under its 200-day moving average, which is currently at 92.441.There was little in the way of data to impact the market, and it […]
KUALA LUMPUR (April 6): Bursa Malaysia’s Health Care Index settled up 30.01 points or 1.03% at 2,951.59 at the local bourse’s afternoon break today to become…
(April 6): AirAsia Group Bhd plans to raise as much as US$300 million to expand its digital business arm AirAsia Digital, according to people with…
(April 6): China’s central bank asked the nation’s major lenders to curtail loan growth for the rest of this year after a surge in the first…