Chinese tourists are taking over the Earth, one selfie at a time
SINGAPORE (Feb 12): One of the strongest drivers of global economic growth isn’t factories or financial services or internet startups, it’s what we do when…
SINGAPORE (Feb 12): One of the strongest drivers of global economic growth isn’t factories or financial services or internet startups, it’s what we do when…
KUALA LUMPUR (Feb 12): The Employees Provident Fund (EPF) is targeting to expand its global assets portfolio to 32% in 2018 from 28% last year…
KUALA LUMPUR (Feb 12): CIMB Investment Bank Bhd said stronger earnings delivery, depreciation of the ringgit versus the US dollar and higher dividends are potential…
KUALA LUMPUR (Feb 12): Malaysia’s palm oil stocks at end-January fell 6.8% from the previous month to 2.5 million tonnes, industry regulator Malaysian Palm Oil…
KUALA LUMPUR (Feb 12): The FBM KLCI pared some of its gains but was still up 0.68% at the midday break as some bargain hunting…
(Feb 12): The Singapore and Malaysia stock markets were as one at a certain point. And then, they were two. The bourses did not immediately go…
There was no January data this week. Wholesale inventories rose in December, but sales rose even more, driving the inventory to sales ratio down, also a positive. The JOLTS report for December was also positive.
KUALA LUMPUR (Feb 10): “Are you of able body and mind? Do you have cash to invest? If yes, then seek your fortune on the…
The dollar has been trading mixed, losing ground to the euro, sterling, among other currencies, while gaining on the yen and Australian dollar . USD-JPY clocked a four-day low of 108.49 in the early Tokyo session before rebounding above 109.0, dropping amid a phase of yen buying after the Dow clocked a 4%-plus closing loss […]
The dollar traded steady-to-firmer today. EUR-USD drifted back under 1.2250 after a rebound capped out at 1.2287, shy of yesterday’s 1.2295 high to maintain the run of lower highs that’s been seen since the release of the January U.S. jobs report last Friday, which catalysed market expectations for the Fed to recommit to tightening monetary […]
The dollar firmed up some overall in N.Y. trade on Friday, support generally by safe-haven flows, the result of another Wall Street selloff. The DXY climbed to 90.56 highs from opening levels near 90.20. EUR-USD bottomed at 1.2206 from 1.2279 highs before bouncing to 1.2235, while USD-JPY remained correlated to equities, hitting 108.05, five-month lows. […]
KUALA LUMPUR (Feb 9): theedgemarkets.com highlighted two stocks with momentum at Bursa Malaysia’s afternoon market close today. Both stocks displayed negative momentum. The stocks with negative…