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Business 25 Jul 2019 | 1:07 AM

Asian shares dither ahead of ECB outcome

SYDNEY: Asian shares were cautious on Thursday, shrugging off a tech-fuelled rally on Wall Street while the euro hovered near two-month lows as soft economic data bolstered expectations of rate cuts in Europe.

Business 25 Jul 2019 | 2:51 AM

Ringgit rises against greenback ahead of ECB meeting

KUALA LUMPUR: The ringgit recovered from two days of losses to open higher against the US dollar this morning on renewed interest.

Business 25 Jul 2019 | 4:35 AM

Central bankers playing dangerous game with asset prices

HONG KONG: The world’s central banks are in danger of storing up problems for later by taking action to ensure the economic expansion stays on track.

Business 25 Jul 2019 | 4:57 AM

KLCI stays little changed, expectations rise for ECB rate cut

KUALA LUMPUR: The FBM KLCI continued to trend sideways as investors took caution ahead of a European Central Bank (ECB) meeting later today.

Business 25 Jul 2019 | 10:07 AM

Petronas Chemicals' late rebound lifts KLCI

KUALA LUMPUR: Petronas Chemicals' late rebound helped the FBM KLCI to close at the dat's high on Thursday amid a weaker broader market.

Business 25 Jul 2019 | 10:24 PM

Wall Street gives up record high following weak results

NEW YORK: Wall Street fell from record highs on Thursday following a flurry of downbeat quarterly results from Ford Motor and other companies and after European Central Bank chief Mario Draghi's comments disappointed investors hoping for a more dovish stance on monetary policy.

Business 26 Jul 2019 | 1:02 AM

Asian shares dip on mixed US earnings

TOKYO: Asian share prices opened a tad lower on Friday on mixed U.S. earnings reports and the euro held above two-year lows struck overnight after the European Central Bank held interest rates steady, though officials said a cut was certain in September.

Business 26 Jul 2019 | 1:36 AM

KLCI in the red despite gains in Genting stocks

KUALA LUMPUR: The FBM KLCI fell in early Friday trade, in line with the cautious key Asian markets after the overnight decline on Wall Street but Genting Malaysia and Genting helped cushion the decline.

Business 26 Jul 2019 | 2:14 AM

Ringgit slips against US$ following hold on ECB policy rate

KUALA LUMPUR: The ringgit was lower against the US dollar in the early session today as buying sentiment for the local note was hampered by a stronger greenback.

Business 26 Jul 2019 | 4:58 AM

KLCI slips below 1,650 as ECB decision sparks disappointment

KUALA LUMPUR: The FBM KLCI slipped below the 50-day simple moving average on Friday following news that the European Central Bank was holding its interest rate steady.