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THE US dollar attempted to embark on a new winning streak after its previous one was halted on Wednesday as investors cashed out some gains. The greenback found a tail wind in May as the markets was rethinking future course for Federal Reserve policy as hawkish squawk from several Fed officials have been keeping hopes flickering for a rate hike in the months ahead.
KUALA LUMPUR: RAM Rating Services is closely monitoring the ongoing investigations by Malaysian Anti-Corruption Commission on certain personnel at Sabah Development Bank.
KOTA KINABALU: Sabah Development Bank says its senior officials who are being questioned by the Malaysian Anti-Corruption Commission (MACC) over graft allegations are cooperating with the agency.
THE US dollar traded on bid tone against most pairs in tight ranges into a typically quiet Thanksgiving session along with heightened geopolitical uncertainties and low liquidity. The greenback however failed to react much to stronger revised third-quarter gross domestic product (GDP) of 2.1% against earlier estimate of 1.5%.