Singapore PM to meet Dr Mahathir on Saturday
KUALA LUMPUR (May 16): Singapore Prime Minister Lee Hsien Loong is expected to visit and have a meeting with Malaysia’s newly elected Prime Minister Tun…
KUALA LUMPUR (May 16): Singapore Prime Minister Lee Hsien Loong is expected to visit and have a meeting with Malaysia’s newly elected Prime Minister Tun…
KUALA LUMPUR (May 16): The FBM KLCI rose 10.06 points or 0.5% today as investors cheered and evaluated the progress of reforms in Malaysia after…
PUTRAJAYA (May 16): Prime Minister Tun Dr Mahathir Mohamed says the government will take steps to reduce wastage, including terminating the contracts of all 17,000…
KUALA LUMPUR (May 16): Star Media Group Bhd’s net profit rose 70.33% to RM11.32 million for the first quarter ended March 31, 2018 (1QFY18) from…
KUALA LUMPUR (May 16): Felda Global Ventures Holdings Bhd (FGV) revealed that it is in the midst of conducting forensic investigations into several past investments…
KUALA LUMPUR (May 16): Based on corporate announcements and news flow today, companies that may be in focus on Thursday (May 17) may include the…
KUALA LUMPUR (May 16): The local bourse operated by Bursa Malaysia Bhd recorded its highest traded value of RM7.3 billion on Monday (May 14), the…
KUALA LUMPUR (May 16): IOI Corp Bhd’s net profit surged 6.7 times to RM2.07 billion in the third financial quarter ended March 31, 2018 (3QFY18)…
The dollar has rebounded from correction lows that were seen against many currencies yesterday. EUR-USD has cleared yesterday’s and posted a two-day low at 1.1910, extending declines from yesterday’s high at 1.1996. USD-JPY has lifted toward 110.00, returning focus to recent trend highs at 110.01-03. AUD-USD has fallen to a three-session low, at 0.7503, and […]
OVERVIEW The Greenback is trading higher, up 0.4% against the basket of major currencies. Investors are optimistic on trade relations between China and the US. Turmoil in the Middle East sends WTI 0.85% higher to trade $71.55 a barrel. HIGHLIGHT
For the last 9 years, with periods of greater or lesser concern, I have remained resolutely positive about the economy. For the record, as of now, I still am.
The dollar continued to rebound from the correction lows that were posted yesterday against many currencies. The narrow trade-weighted USD index (DXY) was showing a gain of 0.2%, as of the late London AM), at 92.71, earlier logging a two-session high at 92.81. EUR-USD cleared below yesterday’s low on route to posting a two-day low […]