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The dollar erased its weekly gains, closing marginally lower by 0.02% to 96.8 after the US Federal Reserve’s Williams commented on the need for the central bank to “act quickly” as economic growth slows, fuelling market players to add bets on a 50-basis point (bps) cut in July’s FOMC meeting.

Portugal says Iranian visas suspended for consulate upgrade

LISBON (Reuters) - Portugal stopped issuing entry visas for Iranian nationals while it upgrades security at its consulate in Tehran, not because of political issues or any security threats, the Portuguese foreign ministry said.

Portugal suspends visas for Iranians, cites security reasons

LISBON (Reuters) - Portugal has suspended the issuance of entry visas for Iranian nationals for unspecified security reasons, Foreign Minister Augusto Santos Silva said on Tuesday, adding the move was not related to bilateral relations between the two countries.

Portugal's Socialists extend lead before October election - poll

LISBON (Reuters) - Portugal's ruling Socialists extended their lead over the opposition in an opinion poll released on Friday three months before a parliamentary vote, putting them closer to winning a majority after years of solid, if slowing, economic growth.

Treasury Pulse

Global Forex Market

Lebanon PM - U.S. sanctions won't affect government

BEIRUT (Reuters) - Lebanese Prime Minister Saad al-Hariri said on Wednesday that U.S. sanctions targeting Hezbollah MPs moved in a "new direction" from existing measures, but would not affect government work.

Derivatives vigilantes punishing ‘bad’ nations

Asset managers are increasingly using their financial clout to persuade companies to be friendlier to the planet, wielding a combination of the stick of disinvestment and the carrot of engagement. But can the financial world do more to ensure countries and their central banks are also meeting their environmental, social and governance responsibilities?

Treasury Pulse

Global Forex Market

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The retail investor challenge

ONE of the more startling facts about Bursa Malaysia is the decline in retail participation in the stock market in recent years. An oft-cited figure is that retail participation in Bursa Malaysia has stood at around 20% for some time now.