The DXY settled near mid-range in N.Y. on Thursday, bottoming at 90.03, and peaking at 90.42. Wall Street’s plunge resulted in some save-haven USD buying, with the risk-sensitive yen being an exception. USD-JPY fell to 108.59 lows from 10975 early in the session. EUR-USD ranged between 1.2213 and 1.2295. USD-CAD printed 2018 highs of 1.2615 […]
OVERVIEW US congressional leaders reach a budget deal that adds to the deficit. GBP higher after Bank of England meeting. The Euro is softer after ECB comments on inflation and stimulus. German trade surplus shrunk for the first time in 8 years in 2017. Stock markets back in the red mark as global interest rates […]
SHANGHAI (Feb 9): Hong Kong’s Hang Seng Index resumed its slide and the H-share gauge extended losses, with both poised to fall more than 10%…
TOKYO (Feb 9): Asian stocks tumbled to two-month lows on Friday after Wall Street shares suffered yet another big slide in the face of rapidly-rising…
KUALA LUMPUR (Feb 9): Sime Darby Plantation Bhd aims to deliver RM550 million in operational excellence benefits by the end of the financial year 2020…
KUALA LUMPUR: Questions are growing around the Malaysian central bank’s recent purchase of government land for RM2 billion (S$678 million), with observers saying it is…
(Feb 9): Airlines did not sign any major deals to purchase new planes this week during the largest airshow in Asia — but aircraft manufacturers…
(Feb 9): The U.S. stock market sell-off continued on Thursday. The Dow Jones industrial average entered correction territory, shedding over a thousand points, the third…
KUALA LUMPUR (Feb 9): OCBC Bank said today the current financial market volatility is a healthy correction considering the heavy foreign fund inflow in the…
SHANGHAI/TOKYO (Feb 9): China’s Didi Chuxing and SoftBank Group Corp will roll out a venture in Japan later this year to provide ride-hailing services, amid…
KUALA LUMPUR (Feb 9): Malaysia’s industrial production index (IPI) rose 2.9% year-on-year in December 2017 on higher manufacturing and electricity output. The Statistics Department said in…
KUALA LUMPUR (Feb 9): The FBM KLCI fell 15.86 points or 0.86% at the noon break to close at 1,823.58 points. The less than 1%…