The dollar has continued to skid lower, with the narrow trade-weighted USD index (DXY) down for a fourth straight day, presently showing a 0.6% decline so far today. The index has logged a 36-month low of 90.39, and only has to breach 90.33 to make it a 37-month low. The dollar has weakened in every […]
.The dollar posted fresh lows versus the euro, sterling and yen, among other currencies, before rebounding some. Friday’s hotter than expected U.S. CPI data, and decent retail sales data, which were followed-up by relatively hawkish remarks from Fed member Rosengren, who said that he now favours more than three 25 bp rate hikes this year, […]
COPENHAGEN (Jan 15): Danish toymaker Lego is teaming up with Chinese internet giant Tencent Holdings Ltd to jointly develop online games and potentially a social…
KUALA LUMPUR (Jan 15): The FBM KLCI climbed 3.24 points or 0.2% as the ringgit strengthened today and after US shares rose to record closing…
BEIJING (Jan 15): China’s economic growth is expected to have slowed slightly in the fourth quarter from the previous quarter, a Reuters poll showed, as the…
KUALA LUMPUR/SINGAPORE (Jan 15): The leaders of Malaysia and Singapore are expected to discuss plans for a high-speed rail project linking their countries during summit…
KUALA LUMPUR (Jan 15): The Malaysian Felda Youth Council (MBFM) and the Malaysian Youth Council (MBM) today jointly protested against the resolution by the European…
KUALA LUMPUR (Jan 15): Vizione Holdings Bhd’s net profit for the second quarter ended Nov 30, 2017 (2QFY18) jumped about 46 times to RM6.55 million…
KUALA LUMPUR (Jan 15): Khazanah Nasional Bhd and Temasek Holdings (Private) Ltd have completed and delivered the Marina One and DUO joint development projects in…
(Jan 15): Apple was the only foreign brand to have a smartphone model in the top 10 best-selling handsets in China in 2017. The iPhone 7…
KUALA LUMPUR (Jan 15): Based on corporate announcements and news flow today, stocks in focus on Tuesday (Jan 16) may include: Kinsteel Bhd, T7 Global…
KUALA LUMPUR (Jan 16): The FBM KLCI is likely to pause today to take a breather after its recent gains, in line with European stocks…