The dollar has been trading with a softening bias, pushing EUR-USD to a four-session high of 1.2414, Cable to a two-week high of 1.3995 and the narrow USD trade-weighted index to a four-session low. The greenback has also seen fresh lows versus the various Asian currencies, and the South African rand. USD-JPY has remain heavy, […]
SAN FRANCISCO (March 14): Google will ban online advertisements promoting cryptocurrencies and initial coin offerings starting in June, part of a broader crackdown on the…
KUALA LUMPUR (March 14): VSolar Group Bhd which recently scrapped a plan to build a solar power generation plan with Universiti Teknologi Malaysia (UTM), citing…
KUALA LUMPUR (March 14): Compact carmaker Perusahaan Otomobil Kedua Sdn Bhd (Perodua) estimates its market share for February 2018 to surpass 41% with 17,100 vehicles…
SINGAPORE (March 14): Forget steel and intellectual property. The biggest potential flash point between US President Donald Trump and Chinese counterpart Xi Jinping is an…
KUALA LUMPUR (March 14): Petroliam Nasional Bhd (Petronas) said its subsidiary Malaysia LNG Sdn Bhd will be supplying liquefied natural gas (LNG) to Japan’s largest…
KUALA LUMPUR (March 14): Nestle (M) Bhd shares fell as much as RM12.30 or 8% to RM145.10 as investors booked profit in the FBM KLCI-linked…
WASHINGTON/BEIJING (March 14): US President Donald Trump is seeking to impose tariffs on up to US$60 billion of Chinese imports and will target the technology…
KUALA LUMPUR (March 14): AirAsia X Bhd’s initial schedule of two daily flights from Kuala Lumpur will generate 560,000 annual seats for Melbourne’s Avalon Airport,…
KUALA LUMPUR (March 14): 1Malaysia Development Bhd (1MDB) said it cannot claim the CHF104 million (approximately RM430 million) held by the Swiss Federal Treasury because…
KUALA LUMPUR (March 14): The FBM KLCI dropped 6.97 points or 0.4% in tandem with Asian share losses. Global markets took cue from the US’…
The dollar has traded with a downside bias, posting losses versus the yen and Australian and New Zealand dollars, while managing to recoup modest intraday losses versus the euro. EUR-USD ebbed back toward the 1.2300 level after lifting to a two-session high of 1.2340. Friday’s “just right” U.S.