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KUALA LUMPUR: The ringgit continues on a losing streak against the US dollar on Friday while the benchmark FBM KLCI remains under pressure.
NEW YORK: The benchmark S&P 500 index rose to within a hair of its record high on Thursday as bank stocks got a boost from bets on higher interest rates and consumer discretionary stocks were helped by economic data and earnings.
OTTAWA: In 2006, in the middle of one the hottest years on record for Canadian housing, then Bank of Canada governor David Dodge sent a testy letter to his counterpart at the country’s mortgage insurer warning about lax standards fuelling demand for homes. Today, Dodge has new words of caution: worry more about supply.
MADRID: The man beating most Spanish equity managers has a table wine to thank for one of his best investment ideas.
Standard Chartered Research joins other research houses in forecast
JOHOR BARU: The state government’s effort to place more emphasis on the English language in primary schools was reflected in this year’s Ujian Pencapaian Sekolah Rendah (UPSR) results, said the Johor Education Department.
SINGAPORE: Singapore's exports in October contracted sharply as sales to major markets fell, raising the risk of a recession in the trade-dependent economy amid heightened uncertainty around global trade in the wake of Donald Trump's US election victory.