Hot U.S. CPI data, and a surge in Treasury yields dod little to help the dollar on N.Y. on Wednesday. While the greenback popped briefly after the data, sellers quicjly stepped in, taking the DXY to eight session lows of 89.07. The U.S. deficit outlook may be behind some of the USD’s struggles this week, […]
OVERVIEW US CPI above forecast in January as yields rise. USD rises on inflation data but then fell on Russia memo concerns. SA Rand rises as ANC put pressure on President Zuma. Japan’s economy grew 0.1% in Q4, posting it as the longest continuous expansion since the 1980s. Eurozone Q4 GDP growth in line with […]
(Feb 15): Siam Commercial Bank Pcl, Thailand’s oldest homegrown lender, plans to roll out a robo-adviser service developed by its artificial intelligence unit as the…
KUALA LUMPUR (Feb 15): AmBank Group Research said the Malaysian economy may have peaked and is expected to grow at a moderate pace in 2018…
KUALA LUMPUR: Malaysia achieved an annual gross domestic product (GDP) growth of 5.9% in 2017. The growth pace is not just the fastest in three…
KUALA LUMPUR (Feb 15): The Edge weekly in its latest edition spoked to veteran banker Tan Sri Azman Hashim and looked at his experience in…
ISTANBUL (Feb 15): A unit of Malaysia’s sovereign wealth fund plans to sell its Turkish health-insurance business to focus on its home market, according to…
KUALA LUMPUR (Feb 15): Carlsberg Brewery Malaysia Bhd advanced by 46 sen or 2.76% this morning to a new record high of RM17.12, following news…
KUALA LUMPUR (Feb 15): Asia’s private equity deal volume jumped 96% to US$110 billion, leading the charge globally in 2017, although deal counts fell, as…
KUALA LUMPUR (Feb 15): theedgemarkets.com highlighted five stocks with momentum at Bursa Malaysia’s afternoon market close today. It showed three with positive momentum and two…
KUALA LUMPUR (Feb 15): The FBM KLCI rose 3.35 points or 0.18% to close at 1,838.28 in the final trading session before the Chinese New…
KUALA LUMPUR (Feb 15): Sunway Bhd plans to buy Brookvale Park in Clementi, Singapore for S$530 million (RM1.59 billion) to be redeveloped into a new…