The Dollar index stumbled in the London morning session, hitting a low in early N.Y. before rebounding modestly. The index approached the three-week low of 90.12 seen on Tuesday, later topping at 90.65. Rising price pressures in the Markit PMI reports lifted yields, which provided support to the USD, as did pre-weekend short covering. Incoming […]
PORTAGE, Michigan (Feb 19): U.S. President Joe Biden on Friday secured a commitment from Pfizer Inc to double the COVID-19 vaccine it churns out in the coming weeks,…
KUALA LUMPUR (Feb 20): Bursa Malaysia is expected to trade higher next week, catapulting on Malaysia’s vaccination drive which will start next week on Friday following…
KUALA LUMPUR (Feb 20): Petroliam Nasional Bhd (Petronas) can afford the RM18 billion dividend for the government that was announced under Budget 2021. Anything more will be deliberated…
KUALA LUMPUR (Feb 20): Petroliam Nasional Bhd (Petronas), which is seeking to deploy robotics technology to inspect unmanned production operations, has completed a test of canine…
KUALA LUMPUR (Feb 20): By the end of this decade, Malaysia will become a high-value-added economy and a net exporter of home-grown technologies and digital solutions,…
KUALA LUMPUR (Feb 20): The US has expressed concerns about Malaysia’s plans to deport asylum seekers and others from Myanmar as the nearby country’s navy ships arrived…
KUALA LUMPUR (Feb 20): Malaysia reported 2,461 new Covid-19 cases today, but the number of recoveries was almost double that at 4,782. Today was the sixth day…
(Feb 20): Hundreds of protesters gathered outside Thailand’s Parliament after Prime Minister Prayuth Chan-ocha and nine ministers survived a parliamentary no-confidence motion on Saturday after a…
PUTRAJAYA (Feb 20): The Ministry of National Unity (KPN) has decided on the standard operating procedures (SOPs) for non-Muslim houses of worship following the government’s decision…
KUALA LUMPUR (Feb 20): Glove maker Top Glove Corp Bhd today said it had resolved overcrowding issues at dormitories provided for its foreign workers after a coronavirus…
The Dollar was rangebound in N.Y. on Thursday, though had lost ground overnight. The DXY traded a 90.56 to 90.79 trading band, later settling near mid-range. Incoming data was mixed, as jobless claims disappointed, and housing starts were lighter than expected. Firmer trade prices resulted in higher Treasury yields, which supported the Dollar at the […]