Hong Kong stocks fall after Moody's downgrade

War worries weigh on KLCI, key Asian markets

KUALA LUMPUR: Bursa Malaysia gave up some of the early gains on Tuesday to end the morning session in the red, tracking the cautious key Asian markets, on worries about a breakout of war.

Ringgit opens slightly lower against US dollar

KUALA LUMPUR: The ringgit opened slightly lower against the US dollar on Tuesday in line with regional markets as investors continued to reassess their risk parameters following the weekend's events in Saudi Arabia and ahead of the US Federal Reserve decision on its interest rate tomorrow.

Facebook hopes its two billion users will use Libra for online shopping and more

International outcry is mounting over Libra – with central banks, governments and regulators railing against the cryptocurrency.

US needs a trade war deal more than China does, says economist

US president Donald Trump faces growing pressure of a possible economic slowdown while seeking re-election.

China's economy slows again, adding pressure for policy response

BEIJING: China’s slowdown is deepening just as risks for the global economy mount, piling pressure on the authorities to do more to support growth.

Gold surges as Saudi attack spurs haven demand ahead of Fed meet

SINGAPORE: Gold and silver rallied after a strike against Saudi Arabian oil facilities hurt supplies and prompted a record surge in oil prices, with investors seeking haven assets at the start of a week that’ll also see critical policy decisions from central banks including the Federal Reserve.

Move to hold rates may attract foreign inflows into Malaysia

PETALING JAYA: The move to hold the key benchmark rate unchanged may attract foreign capital flows into Malaysian bonds but much will be dictated by external headwinds after the latest data showed lower foreign holdings of local bonds.

Should the Federal Reserve cut rates aggressively?

With the cutting of interest rates worldwide, should the US Federal Reserve do so more aggressively as sought by President Donald Trump?

Why China’s starting to shake up its interest rates

BEIJING: The People’s Bank of China (PBoC) is liberalising its interest rate system in another milestone in the landmark reforms started four decades ago to boost the role of markets in the economy. The overhaul might also help lower the cost of borrowing for companies and households in the short term, as the economy grapples with its own downward forces and the US-China trade war.