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NEW YORK: Global stocks slipped from record levels on Tuesday, with investors cautious as the Federal Reserve kicked off its two-day policy meeting and U.S. lawmakers continued to debate a new stimulus plan.
NEW YORK: Global stocks lagged and the dollar advanced in volatile markets on Monday, with sentiment hit by increasing COVID-19 cases, delays in vaccine supplies and uncertainty over a US$1.9 trillion U.S. stimulus plan.
HANOI: Vietnam's ruling Communist Party gathers for its first national congress since 2016 later on Monday with a mission to select new leaders and shape policy for the next five years.
Under current circumstances, Malaysia needs ‘sustainable’ tax structure
KUALA LUMPUR: The ringgit opened higher against the US dollar for the third consecutive day, taking advantage of the drifting greenback and the oil market rally.
NEW YORK: Gold extended declines on a stronger dollar and the currency’s outlook, while investors assess the timeline for the US stimulus package.
MUMBAI: Two of India’s richest men have landed in an unlikely controversy over farming laws, becoming targets of protesters who allege the tycoons have benefited from their close links to Prime Minister Narendra Modi.
FEDERAL Reserve (Fed) officials are beginning to split over when they may need to start pulling back on their massive monetary stimulus, drawing nervous glances from investors who remember how markets were roiled during the 2013 taper tantrum.
KUALA LUMPUR: CGS-CIMB Equities Research estimates the daily economic losses due to the second round of Malaysia’s Movement Control Order (MCO), which takes effect from Jan 13 to 26, at RM750mil.