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Ringgit to trade at current levels this week
The ringgit is expected to trade at current levels next week, amid mixed market sentiments, mostly influenced by external developments and worries on escalating Covid-19 cases, said an analyst.
World stocks near record highs as China, U.S. data back global recovery hopes
TOKYO: Global stocks stood near record highs on Friday after strong U.S. and Chinese economic data cemented expectations of a solid global recovery from the coronavirus-induced slump.
GLOBAL MARKETS-World stocks rally as Treasury yields tumble
NEW YORK/LONDON: World stock markets extended a five-day run of fresh highs on Thursday, fueled by upbeat earnings and strong U.S. economic data that herald a solid recovery ahead, while Russian markets tumbled at the prospect of the harshest U.S. sanctions in years.
Grab – A missed opportunity for Malaysia
PETALING JAYA: The news about South-East Asia’s first decacorn, Grab Holdings Inc, to be listed in the United States in a massive near-US$40bil (RM165.16bil) deal is a big loss for Malaysia.
GLOBAL MARKETS-Global stocks hit record after U.S. inflation data
NEW YORK:A gauge of global equity markets rose to record highs on Tuesday, led by surging technology-related stocks, as Treasury bond yields eased after U.S. consumer price data for March showed the pace of inflation was not rising wildly.
Cuba to enter post-Castro era at pivotal 2021 party congress
HAVANA (Reuters) - Cuba is poised to enter the post-Castro era with Raul Castro due to step down as head of the ruling Communist Party at its congress this week, which will also address the island's severe economic crisis, pandemic response and signs of growing dissent.
Singapore’s dovish policy outlook in focus
SINGAPORE: With Singapore’s central bank widely expected to keep policy settings unchanged today amid an economic recovery and strong fiscal support, the city-state’s longer-term outlook will be parsed for signs of future tightening.
Philippines' Duterte says will 'waive' Covid-19 vaccine; DOH reports 8,571 new cases, total at 884,783
Philippine President Rodrigo Duterte said he will "waive" his chance to get a Covid-19 vaccine, arguing elderly people like him should not be prioritised.
Ringgit opens lower ahead of US CPI release
KUALA LUMPUR: The ringgit opened marginally lower against the US dollar amid expectations of higher US bond yields ahead of the release of the March 2021 US Consumer Price Index (CPI) later today.
GLOBAL MARKETS-Stocks slip from record peaks before earnings reports
NEW YORK: The dollar fell slightly on Monday and a gauge of global equity markets slid from record highs last week as investors wait to see whether an expected jump in U.S. earnings will justify stock prices already trading at very high premiums.
