China's export growth held up well in May, imports rise 26% y-o-y
BEIJING (June 8): China maintained solid export growth of 12.6% in May, slightly slower than in April, but still providing good news for Beijing’s policymakers…
BEIJING (June 8): China maintained solid export growth of 12.6% in May, slightly slower than in April, but still providing good news for Beijing’s policymakers…
SINGAPORE (June 8): Singapore authorities said they issued warrants of arrest for Low Taek Jho and Eric Tan Kim Loong back in April and May…
KUALA LUMPUR (June 8): Prime Minister Tun Dr Mahathir Mohamad said on Friday that Malaysia may revoke the death sentence on Sirul Azhar Umar, who…
KUALA LUMPUR (June 8): Sam Engineering & Equipment (M) Bhd shares rose as much as 21 sen or 3% to RM7.59 so far today after…
KUALA LUMPUR (June 8): theedgemarkets.com highlighted five stocks with momentum at Bursa Malaysia’s afternoon market close today. All five stocks displayed negative momentum. The stocks were: Asdion…
PUTRAJAYA (June 8): Prime Minister Tun Dr Mahathir Mohamad confirmed today that Malaysia issued an arrest warrant for Low Taek Jho due to Low’s alleged…
KUALA LUMPUR (June 8): The FBM KLCI fell 10.37 points or 0.6% on profit taking and as Asian share markets dropped on expectation that the…
Both the dollar and yen have traded softer against most other currencies. EUR-USD has edged out a two-week high at 1.1734. EUR-JPY also posted a two-week peak, though the euro has traded more mixed (i.e. net neutral) versus other currencies, with euro crosses having flattened out for the most part out after rallying over the […]
The dollar has traded weaker against all but the yen out of the main currencies. The euro and Australian dollars have been the strongest, the former aided by relative hawkish ECB-speak and the latter boosted by above-forecast Australian GDP data, while the yen underperformed as safe haven premiums unwound some more amid gains in global […]
OVERVIEW The US Dollar tests 110 in USD/JPY. The Euro bounces as ECB officials talk of ending their bond-buying program. The Australian economy goes from strength to strength posting 1% growth in Q1. HIGHLIGHT ECB officials said that they could end the bank’s bond-buying program by the end of 2018, the first tightening signal in […]
A narrowed trade deficit and downward revised Q1 productivity report had little impact on the dollar in N.Y. trade on Wednesday, though after a brief mid-morning sip, the DXY rallied from 93.44 to 93.69 highs. Treasury yields provided some support to the dollar, as they were dragged higher by EGB rates, following hawkish ECB speak […]
KUALA LUMPUR (June 7): CIMB Investment Bank Bhd Research is expecting companies in the palm oil sector to be hit the worst by the government’s…