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LONDON: Sterling held steady on Monday as investors assessed the outlook for Brexit developments this week after parliament forced Prime Minister Boris Johnson to write to the European Union to ask for a delay to Britain leaving the bloc.
THE US dollar depreciated by 0.71% to 97.607 following a confluence of factors.
KUALA LUMPUR: Investors turned to profit-taking on the domestic market after a brief advance in the early morning session, on the back of strong gains in the previous session.
JOHOR BARU: With Budget 2020 expected to be tabled in Parliament tomorrow by Finance Minister Lim Guan Eng, many locals are hopeful for some “goodies” to help ease their financial burdens.
KUALA LUMPUR: The FBM KLCI failed to hold on to early gains in the early trading session on the back of a mild boost in the previous session.
ISTANBUL (Reuters) - Turkey's lira slid to its lowest level against the dollar in more than a month on Monday over concerns about Ankara's planned incursion in northern Syria and a warning from President Donald Trump that he could "obliterate" the Turkish economy.
KUALA LUMPUR: A rebound in Tenaga Nasional and bank stocks kept the FBM KLCI afloat as the selling pressure subsided after a support breakdown in the previous week.
NEW YORK: Oil prices rose about 1% on Friday as an increase in U.S. jobs eased some financial market concerns that a slowing global economy could dent oil demand, but crude fell more than 5% on the week, its second consecutive weekly decline.
THE US dollar weakened by 0.25% to 98.864, owing to a slew of disappointing economic release, which subsequently fuelled bets on an October Fed rate cut.
KUALA LUMPUR: The FBM KLCI continued its fall on Friday to a fresh multi-year low on the back of losses in banking stocks and a major plantation counter