Ex-Malaysia PM to face graft probe as police seize jewellery, handbags
KUALA LUMPUR (May 18): Ousted Malaysian Prime Minister Najib Razak has been summoned by the anti-graft agency amid a probe into troubled state fund 1MDB,…
KUALA LUMPUR (May 18): Ousted Malaysian Prime Minister Najib Razak has been summoned by the anti-graft agency amid a probe into troubled state fund 1MDB,…
KUALA LUMPUR (May 18): Businessman Jho Low, who has been linked to 1Malaysia Development Bhd, should return to the country to assist with investigations into…
VIENNA (May 18): Germany’s Infineon Technologies plans to build a 1.6 billion euro (US$1.9 billion) chip facility in Austria, opting to add capacity in Europe…
(May 18): Malaysian Prime Minister Mahathir Mohamad’s government is considering investigating former leader Najib Razak for abuse of power, as it intensifies efforts to seek…
KUALA LUMPUR (May 19): After the historic polls on May 9, investigations into the scandal-ridden 1Malaysia Development Bhd (1MDB) have reopened with the change in…
KUALA LUMPUR (MAY 18): Based on corporate announcements and news flow today, companies in focus on Friday (May 21) may include the following: Minho (M)…
EUR-USD turned back under 1.1800 after rebound gains stalled at 1.1837. The political evolutions in Italy have continued to see Italian yields rise, and with them other peripheral Eurozone sovereign yields while safe-haven demand for German paper has suppressed Bund yields, which in turn has been weighing on the euro. USD-JPY printed a new 13-week […]
The dollar and yen traded moderately lower during the Tokyo session, ahead of the London interbank open. USD-JPY has oscillated in the lower 110.0s, holding in a consolidation below the 13-week high that was posted yesterday at 110.45. The intraday low so far is 110.07. Sterling rallied on reports that the UK government will agree […]
FX trade was relatively quiet in N.Y. on Thursday, keeping the DXY inside a 93.38 to 93.56 trading range, and the major dollar pairings range bound. EUR-USD ranged between 1.1785 and 1.1812, while USD-JPY topped at new trend highs of 110.86 before slipping back to 110.63 lows. Cable was sideways on either side of 1.3500, […]
KUALA LUMPUR (May 17): A Malaysian government advisory panel set up by new Prime Minister Tun Dr Mahathir Mohamad announced on Thursday that it will…
(May 17): Days after securing a stunning election victory, Malaysian Prime Minister Mahathir Mohamad’s government has delivered a potentially risky fiscal maneuver by replacing the…
KUALA LUMPUR (May 17): Police have been at former Prime Minister Datuk Seri Najib Razak’s house in Taman Duta for more than 18 hours carting…