CIMB raising BLR, FD rates after OPR hike
KUALA LUMPUR (Jan 26): CIMB Bank Bhd and CIMB Islamic Bank Bhd are raising their base lending rate (BLR) and fixed deposit rates by 0.25%…
KUALA LUMPUR (Jan 26): CIMB Bank Bhd and CIMB Islamic Bank Bhd are raising their base lending rate (BLR) and fixed deposit rates by 0.25%…
KUALA LUMPUR (Jan 26): The FBM KLCI gained 0.44% as buying interest resumed during the second half of trading, with the banking sector picking up…
KUALA LUMPUR (Jan 26): Tenaga Nasional Bhd (TNB) saw a 23.6% jump in its net profit for the three months ended Nov 30, 2017, on…
KUALA LUMPUR (Jan 26): The ringgit extended its trend to appreciate against the US dollar today, to 3.86, a level that was last seen in…
GEORGE TOWN (Jan 26): The DAP-led Penang state government said today it is unsure whether the three-highway project, which includes an undersea tunnel, to alleviate traffic…
LONDON (Jan 26): World stocks were set for their longest weekly winning streak since 1999 on Friday, while the US dollar buckled again as its…
(Jan 26): After decades at the forefront of emerging-market investment, Mark Mobius is heading into retirement betting the best is yet to come. The 81-year-old money…
KUALA LUMPUR (Jan 26): Based on corporate announcements and news flow today, stocks in focus on Monday (Jan 29) may include: GFM Services Bhd, Spring…
The logged fresh lows in Asia before settling during in London trading. EUR-USD logged a 37-month high of 1.2459, extending the rally seen this week from the low 1.2200s, before settling in the lower 1.2400s into the ECB announcement. ECB policy is in sharp focus with market participants looking for further confirmation that the central […]
Another day, another tumble in the dollar. The USD index (DXY) clocked a new low at 88.81, which is the lowest levels since January 2014. EUR-USD is up for a fourth straight day, logging a fresh 37-month high at 1.2459 before settling around 1.2425. USD-JPY is down for a third straight day, this time logging […]
The dollar was smacked down again in N.Y. morning trade on Thursday, taking the DXY to trend lows of 88.45. An upbeat ECB press conference lifted EUR-USD to multi-year highs of 1.2537, while USD-JPY touched 108.50. USD-CAD touched four month lows of 1.2283, while cable hit 19-month highs of 1.4345. Part of the morning’s losses […]
With this morning’s release of new home sales for December, we have a good picture of the housing market through the end of 2017, with the caveat that the Census Bureau’s report on median asking rent for the 4th Quarter will not be released until next Tuesday.