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SINGAPORE: Concerns about a Greek bailout, early Italian elections and comments by the European Central Bank chief about the need for continued stimulus all kept the euro under pressure on Tuesday.
KUALA LUMPUR: The ringgit rose against several key currencies, notching a gain of nearly 1% to the weakening pound sterling but it was not enough to lure buyers into the equities markets after an earlier slump in crude oil prices.
KUALA LUMPUR: Blue chips traded lower early Wednesday with profit taking seen in key stocks but the broader market was firmer, underpinned by foreign fund buying and expectations of stronger export data to be released at midday.
KUALA LUMPUR: Bursa Malaysia joined the stocks markets of Japan and Singapore to edge lower at midday on Tuesday as risk aversion rose and prompted investor to seek safe haven assets like gold.
AN interesting article in this paper last week said that some Islamic State (IS) fighters in Syria originally from Malaysia and Indonesia were increasingly finding the allure of martyrdom and glory mundane beside the far tastier allure of nasi lemak and sambal.
KUALA LUMPUR: AmInvestment Research expects the failed coup in Turkey to impact Malaysia Airports Holdings Bhd's (MAHB) wholly-owned airport operations there.