The dollar is lower on reports about the Trump administration having last month been served a subpoena from the special council Mueller requesting documents relating to Russia, according to the WSJ. Separately, the House Judiciary Committee sent a letter to the attorney of Jared Kushner, Trump’s son-in-law and senior advisor, asking for more information about […]
OVERVIEW US Dollar slips on a report that the Special Counsel subpoenaed Trump’s election campaign for documents. Canadian inflation drops to 1.4% and weakens the Loonie. US Dollar slips as investors watch for progress on tax reform bill. Bitcoin hits an all-time high on software upgrade rumors. HIGHLIGHT
The dollar attempted a modest rally after better U.S. housing starts data, though given the backdrop of White House Subpoenas and doubts over the ability of the GOP to pass tax reform, ultimately faded to near rlows of the week. Wall Street lost ground as gold rallied, leaving the risk backdrop very soggy to end […]
KUALA LUMPUR (Nov 17): Malaysia’s central bank Governor Muhammad Ibrahim said any adjustment to its monetary policy would be a “normalization” rather than tightening, as…
KUALA LUMPUR (Nov 17): A delay in the $45.5 billion project on Carey Island may deal a blow to Malaysia and its maritime ambitions but…
KUALA LUMPUR (Nov 17): The imbalances in the property market pose significant risks to the overall market in the event of a shock, said Bank…
KUALA LUMPUR (Nov 17): The palm oil industry is split over how much to fret about La Nina. The heavier-than-normal rain that the pattern usually brings…
KUALA LUMPUR (Nov 17): theedgemarkets.com highlighted five stocks with momentum at Bursa Malaysia’s afternoon market close today. It showed one with positive momentum and four…
KUALA LUMPUR (Nov 17): Grand Hoover Bhd’s share price continued to climb today after the company said its major shareholder has been approached by parties…
KUALA LUMPUR (Nov 17): The central bank has asked CIMB Group Holdings Bhd to appoint an independent company to investigate the root cause of its…
SINGAPORE: China’s state planning commission held a forum in Singapore on Friday (Nov 17) to promote the country’s expertise in high-speed trains, as the Chinese…
KUALA LUMPUR (Nov 17): The FBM KLCI inched up 3.55 points or 0.2% on what appears to be a technical rebound following four consecutive days…