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Business 14 May 2016 | 12:00 AM

Global Forex Market

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.

Nation 12 Mar 2016 | 12:00 AM

Sabah bank working with MACC in graft probe

KOTA KINABALU: Sabah Development Bank, whose senior officials are being questioned over graft allegations, said it is cooperating with the Malaysian Anti-Corruption Commission (MACC).

Corporate News 11 Mar 2016 | 10:11 AM

RAM Ratings monitoring MACC probe at Sabah Devt Bank

KUALA LUMPUR: RAM Rating Services is closely monitoring the ongoing investigations by Malaysian Anti-Corruption Commission on certain personnel at Sabah Development Bank.

Nation 11 Mar 2016 | 9:06 AM

Sabah Development Bank says senior officials cooperating with MACC

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.

Forex 28 Nov 2015 | 12:00 AM

Global forex market

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%.

Business 07 Nov 2015 | 12:00 AM

Global forex market

STRONGER US dataflow and upbeat commentary from Federal Reserve chair Janet Yellen were the catalysts for broad-based US dollar strength during the week.

Business 17 Oct 2015 | 12:00 AM

Treasury Pulse: Global forex market

MARKETS continued to trade with a negative risk bias, not helped by a generally weaker-than-expected set of global economic data.

Business 10 Oct 2015 | 12:00 AM

Treasury pulse

US dollar remained its downward momentum against broad currencies as market timing for first rate hikes is shifted from late December to first half of 2016, in response to the dovish Federal Reserve minutes and other soft data flows.

Business 01 Oct 2015 | 2:42 PM

Access for SMEs to BNM’s special funds channel

KUALA LUMPUR: Small and Medium Enterprises (SMEs) seeking to increase their production capacity and working capital can access the two special funds under Bank Negara Malaysia (BNM).

Forex 25 Jul 2015 | 12:00 AM

Global forex market

THE US dollar weakened across the board due to a combination of listless summer trade, decline in US yields and disappointing corporate earnings results.