The dollar firmed up into the long U.S. weekend, with the narrow trade-weighted USD index (DXY) up by 0.5% heading into the London fix. The index logged a six-month peak at 94.25, which is the summit of a six-week run higher. EUR-USD posted a six-month low at 1.1646, and the dollar has seen new trend […]
OVERVIEW The Greenback is steady after its four-week rally came to a halt yesterday. EM currencies remain under pressure with the Turkish Lira and the South African Rand down 0.6% on the day. West Texas Intermediate (WTI) skids 2.5% on plans to ease production cuts. HIGHLIGHT
LONDON (May 25): Oil prices fell more than 2% on Friday as Saudi Arabia and Russia said they were ready to ease supply curbs that…
WASHINGTON/SEOUL (May 25): US President Donald Trump said on Friday said it was possible a planned summit with North Korea’s leader Kim Jong Un could…
(May 25): Former Prime Minister Datuk Seri Najib Razak has accused Finance Minister Lim Guan Eng of telling “half a story in order to deceive”…
KUALA LUMPUR (May 25): IHH Healthcare Bhd has extended the acceptance period for its enhanced revised offer to acquire a stake in India’s Fortis Healthcare…
KUALA LUMPUR (May 25): Based on corporate announcements and news flow today, stocks in focus on Monday (May 28) may include the following: IHH Healthcare…
NEW YORK (May 26): Oil prices fell more than $2 per barrel on Friday as Saudi Arabia and Russia discussed easing production cuts that have…
NEW YORK (May 26): The S&P 500 and the Dow eased on Friday after a steep drop in oil prices pressured energy stocks, but losses…
KUALA LUMPUR (May 26): Malaysian Industrial Development Finance Bhd has won central bank approval for the appointment of Khazanah veteran Charon Wardini Mokhzani as its…
KUALA LUMPUR (May 26): HSBC analyst Tarun Bhatnagar upgraded the recommendation on YTL Power International Bhd to hold from reduce. * Price target (PT) lowered to…
KUALA LUMPUR (May 26): Tun Dr Mahathir Mohamad said his second stint as Malaysia prime minister “is frightening” because he is now working in a…