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Business

Ringgit slips against US$ as traders await clearer Fed signals

KUALA LUMPUR: The ringgit opened flat today against the US dollar as the greenback continued to gain traction ahead of a widely expected US and European Central Bank (ECB) interest rates cut.

Business

Ringgit opens lower against US$ ahead of rate cut decisions

KUALA LUMPUR: The ringgit opened slightly lower against the US dollar today as traders stayed cautious ahead of a widely expected US interest rates cut later this month.

Business

Tech leads US stocks higher

NEW YORK: U.S. stocks gained ground on Monday at the onset of a heavy earnings week, while European shares inched higher as investors took heart from potential progress in U.S.-China trade talks and increasing geopolitical tensions sent oil prices climbing.

Business

Philippine rate cut is on table in May, Governor Diokno says

MANILA: The Philippines central bank is on course to cut its key rate as inflation cools, and policy easing will be on the table as soon as the May 9 meeting, Governor Benjamin Diokno said.