Dr M on ECRL project: 'We are still negotiating'
PETALING JAYA (Jan 29): Prime Minister Tun Dr Mahathir Mohamad said no final decision has been made on the East Coast Rail Link (ECRL) project. “At…
PETALING JAYA (Jan 29): Prime Minister Tun Dr Mahathir Mohamad said no final decision has been made on the East Coast Rail Link (ECRL) project. “At…
Forex markets have been directionally limited in early week trading so far. The main theme has been modest Yen gains, which has been concurrent with a drop from highs in Asian equity markets, with some indexes turning negatives. S&P 500 futures have declined by 0.3%. The three-week hiatus in the partial government shutdown in the […]
OVERVIEW After its best week in fifteen months, the value of the GBP fell today in advance of tomorrow’s crucial Brexit separation plan Plan B vote in British Parliament. Now that the US government shut down is open (for three weeks for now), the dollar slipped slightly in advance of a two-day Fed policy meeting […]
The Dollar majors have mostly seen little directional shift, though the Pound has seen moderate across-the-board weakness ahead of tomorrow’s Brexit crunch day in the UK’s Parliament. EUR-USD has been orbiting the 1.1400 level, printing a high in Asia at 1.1426 and a low in London at 1.1390. USD-JPY has settled around 109.30-50, failing to […]
After attempting to rally early in the N.Y. morning session on Monday, the Dollar pulled back. The DXY fell to two-week lows of 95.64 from early highs of 95.89. Risk-off conditions prevailed, sending U.S. yields and equities lower. EUR-USD ran up to 1.1446 highs, while USD-JPY dipped under 109.20. Cable was fairly steady over 1.3130, […]
WASHINGTON (Jan 28): The Trump administration’s $1.5 trillion cut tax package appeared to have no major impact on businesses’ capital investment or hiring plans, according…
KUALA LUMPUR (Jan 28): Maybank has made it into the world’s top 500 brands for the first time, after it was named in Brand Finance’s…
KUALA LUMPUR (Jan 28): FGV Holdings Bhd has teamed up with South Korea-listed Samyang Foods Co Ltd to establish a halal ramen manufacturing facility in…
HONG KONG (Jan 28): Maoyan Entertainment, China’s biggest movie ticketing platform by sales and backed by internet giant Tencent Holdings Ltd, priced its Hong Kong…
BEIJING (Jan 28): London aluminium prices fell on Monday after the United States formally lifted sanctions on Russian aluminium producer United Company Rusal. The sanctions had…
KUALA LUMPUR (Jan 28): Former Prime Minister Datuk Seri Najib Tun Razak was charged in the High Court here today on three additional charges involving…
KUALA LUMPUR (Jan 28): The FBM KLCI fell 3.53 points or 0.21% today to close below 1,700 as cautious investors awaited China-US trade dispute developments…