BENGALURU (March 7): Most emerging Asian currencies edged higher on Tuesday, as the dollar's rally lost steam after the market priced in the high likelihood of a U.S. Federal Reserve interest rate hike next week.

With a hike already factored in, the dollar needed fresh catalysts to stre...

Most Asian currencies edge up as dollar awaits fresh catalysts

BENGALURU (March 8): Most Asian currencies inched higher on Wednesday, as the dollar struggled to gain traction ahead of U.S. jobs data due later in the week.

The Singapore dollar and Taiwan dollar eked out gains, supported by strength in their equity markets.

The Indonesian r...

Asian currencies firmer as investors await U.S. jobs data for cues

BENGALURU (March 9): Emerging Asian currencies fell as U.S Treasury yields spiked, narrowing the gap with Asian bond yields, after a surge in U.S. private-sector jobs in February reinforced expectations of a Federal Reserve interest rate hike next week.

The South Korean won was the bigg...

Asian currencies fall as US yields rise on private payroll report

BENGALURU (March 10): Asian currencies wobbled on Friday, as investors awaited U.S job data later in the session which could set the tone for a rate hike next week and more this year.

The South Korean won rose slightly after a Constitutional Court upheld a parliamentary impeachment vote...

Asian currencies wary ahead of US job data

SINGAPORE (March 13): Asian currencies edged higher on Monday as the dollar lost some of its shine, as weak U.S. wage growth tempered expectations for a spate of interest rate increases.

The moves in Asian currencies were cautious, however, ahead of a U.S. Federal Reserve meeting on Mar...

Asian currencies gain some respite, focus on pace of Fed rate rises

SINGAPORE (March 14): The Indian rupee hit an 11-month high and outperformed other Asian currencies on Tuesday, after Prime Minister Narendra Modi's landslide victory in a key battle ground state bolstered hopes for more reforms.

The victory by Modi's ruling Bharatiya Janata Party in In...

Rupee gains after ruling party election win; Most Asia FX steady

(March 15): Asian currencies were largely flat on Wednesday, as investors  nervously awaited an expected U.S. interest rate hike later in the day and hoped for more clues on the pace of future tightening.

Beside the expected announcement of a quarter-point rate rise (1800 GMT), the...

Asian currencies cautious ahead of Federal Reserve data

Russia and Ukraine exchanged fire on energy facilities overnight, with an oil refinery damaged in Russia’s Krasnodar region, while Ukraine sustained a missile barrage on gas infrastructure and other targets.

Russia, Ukraine exchange strikes on refinery and gas targets

Deutsche Bank AG is putting aside as much as €1.3 billion (US$1.4 billion or RM6.6 billion) in legal provisions, warning this will hit profits.

The bank will book the potential payment in the current quarter, it said in a statement late on Friday. That will impact “second quarter and full-year profitability”, it said, while adding that the ultimate amount of the provisions is not clear yet.

Deutsche Bank earmarks US$1.4b provision in hit to profit

Genting Malaysia Bhd has dismissed reports linking the group and its deputy chairman and chief executive Tan Sri Lim Kok Thay to supposed discussions relating to the opening of a second casino for Malaysia in Forest City, Johor, to revive the US$100 billion (RM477.60 billion) development.

Genting Malaysia denies involvement in talks for Forest City casino

The Territorial Sea Act 2012 (Act 750) remains valid and applicable throughout Malaysia, including in Terengganu, unless declared otherwise by the court, says the Prime Minister’s Office, despite the Terengganu State Legislative Assembly's decision to reject its use.

Territorial Sea Act 2012 still valid, including in Terengganu, says PMO

The Malaysian government is serious about resolving issues surrounding the palm oil industry in the country, said Plantation and Commodities Minister Datuk Seri Johari Abdul Ghani.

Govt serious about resolving palm oil industry issues, says Johari Ghani

Three new semiconductor companies are keen to invest in Penang with total investments of US$100 million (RM477 million), said Chief Minister Chow Kon Yeow.

Three semiconductor firms keen to invest US$100m in Penang

Tan Sri Mokhzani Mahathir and his brother Mirzan Mahathir, who have been asked to declare their assets by the Malaysian Anti-Corruption Commission (MACC), have both denied being investigated by the agency.

Mahathir's sons, Mirzan and Mokhzani, deny being under MACC probe

Defence Minister Datuk Seri Mohamed Khaled Nordin said the government had no plans to temporarily suspend the service of Fennec and HOM helicopters.

Govt not suspending service of Fennec and HOM helicopters, says minister

It will be a four-way fight in the upcoming Kuala Kubu Bahru by-election between Pakatan Harapan’s pick Pang Sock Tao, Hulu Selangor Bersatu action division head Khairul Azhari, Parti Rakyat Malaysia’s Hafizah Zainudin and independent Nyau Ke Xin.

NEWS: Four-cornered fight in KKB by-election

Parti Rakyar Malaysia’s Hafizah Zainudin says that if elected, PRM will stand on a platform of increased transparency in government.

NEWS: Parti Rakyat Malaysia will run on more transparency

<p>Russia and Ukraine exchanged fire on energy facilities overnight, with an oil refinery damaged in Russia’s Krasnodar region, while Ukraine sustained a missile barrage on gas infrastructure and other targets.</p>


Asia FX

‌‌

‌
‌