USD-JPY took a 30-pip clobber on news that Democrat Doug Jones won the election for an Alabama senate seat, the first time there’s been a Democratic Senate member from that state since 1992. The market narrative is that this will erode the chances for corporate-friendly legislation in the U.S., with the Republican advantage in the […]
The dollar recovered its poise during the London AM session after taking a hit during the Asian session on news that a Democratic candidate won a Senate seat in the state of Alabama for the first time since 1992, which was taken as a possible threat to the implementation of the Trump agenda. EUR-USD logged […]
With this morning’s CPI report, inflation has run at a whopping 2.2% YoY. Core inflation is still under 2%. In other words, if the Fed is fighting inflation, it is a Phantom Menace.
KUALA LUMPUR (Dec 13): Property developer MK Land Holdings Bhd will focus on selling off unsold units from its completed projects worth up to RM362.9…
KUALA LUMPUR (Dec 13): Malaysian developer Yong Tai Bhd expects a Zhang Yimou theater project to boost profit when it opens next year, helping to…
SHANGHAI/BEIJING (Dec 13): OPEC is near its goal of rebalancing the oil market as an inventory overhang targeted by its output curbs continues to shrink,…
KUALA LUMPUR (Dec 13): AirAsia Bhd hopes to reach a deal on the sale of its aircraft leasing unit by March, its group chief executive…
KUALA LUMPUR (Dec 13): Downside risks for crude palm oil aren’t significant as higher production has been factored in, Hoe Lee Leng, head of regional…
KUALA LUMPUR (Dec 13): The FBM KLCI finished 8.09 points or 0.5% higher, possibly on fund managers’ year-end window dressing ahead of the US interest…
KUALA LUMPUR (Dec 13): PUC Bhd marked its entry into the e-commerce market today with the launch of its social marketing platform called “Presto”, which…
SEPANG (Dec 13): AirAsia Bhd announced today Riad Asmat’s appointment as chief executive officer (CEO) as part of the budget airline’s senior leadership changes in…
KUALA LUMPUR (Dec 13): The Inland Revenue Board (IRB) has slapped Aeon Credit Service (M) Bhd with notices of additional taxes and penalties amounting to…