Higher beta currencies, including the Australian dollar and most emerging world currencies, have come under pressure as stock markets take a fresh tumble, led by Chinese bourses, after the latest ratchet higher in trade tensions between the U.S. and China.The Australian dollar racked up a 0.8% loss to the U.S. dollar and a 0.7% decline […]
SINGAPORE (July 11): Singapore had asked Hong Kong authorities back in April 2016 to help arrest alleged 1Malaysia Development Bhd (1MDB) mastermind Low Taek Jho. But…
KLANG (July 11): Loss-making Proton Holdings Bhd aims to return to the black by 2020, on the back of new model launches and improved after…
SYDNEY (July 11): Australia is preparing to ban Huawei Technologies Co Ltd from supplying equipment for its planned 5G broadband network after its intelligence agencies raised…
KUALA LUMPUR (July 11): Hartalega Holdings Bhd, the world’s largest producer of synthetic rubber gloves, was the highest ranked Malaysian company in the Nikkei Asian…
KUALA LUMPUR (July 11): The FBM KLCI rose 1.64 points or 0.1% on bargain hunting after falling with Asian shares as the US-China trade spat…
PUTRAJAYA (July 11): E-hailing players must comply with a set of regulations newly laid down by the Transport Ministry, but will be accorded a one-year…
HONG KONG/SHANGHAI (July 11): Chinese guests at Marriott International, the world’s largest hotel chain, may soon be able to check in with a quick scan of…
SINGAPORE (July 11): Singapore has moved up two notches to be the fifth most innovative country amongst 126 nations in the Global Innovation Index (GII)…
LONDON (July 11): Global oil benchmark Brent fell more than US$2 a barrel on Wednesday after US President Donald Trump threatened to levy new tariffs…
SINGAPORE (July 11): For Mark Mobius, there may be worse to come even after the US fired new shots in its trade war with China:…
OVERVIEW The Pound has slumped today on Brexit resignations. The Dollar steadies on risk trade. The Loonie is strong as markets expect an interest rate hike this week. HIGHLIGHT The Pound had started the day unfazed by the resignation of Brexit Minister David Davis, however this afternoon the resignation by Boris Johnson hit the Pound […]