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Ringgit opens on soft note, taking a breather from recent rally
KUALA LUMPUR: The ringgit opened on a soft note against the stronger US dollar on Monday, taking a breather after last week's rally.
Asian shares hit 4-month high as US, China recoveries gather pace
TOKYO/NEW YORK: Asian shares rallied to a four-month high on Friday on robust U.S. payrolls data and a brisk pickup in Chinese service sector activity but a surge in coronavirus cases in the United States kept a lid on further risk-taking.
Bankers struggle to get loans to small businesses
WASHINGTON: The lifeline to help small businesses weather the coronavirus economic shutdown had a chaotic and often frustrating opening – and it might not be enough.
Wall Street falls as coronavirus shreds US payrolls
NEW YORK: Wall Street's main indexes fell more than 1.5% on Friday as the coronavirus abruptly ended a record U.S. job growth streak of 113 months, intensifying fears of a deep economic slowdown.
Ringgit opens lower as robust US payrolls strengthen dollar
KUALA LUMPUR: At 9 am, the ringgit was quoted at 4.1220/1250 against the US dollar from 4.1150/1200 on Wednesday.
Bursa closes on cautious note, Asian markets mostly higher
KUALA LUMPUR: Blue chips ended Friday on a cautious note on lack of strong fund buying as key Asian markets failed to provide the spark despite the easing of Mideast tensions between the US and Iran.
Ringgit easier in early on trade on better greenback demand
KUALA LUMPUR: The ringgit opened easier against the US dollar in early trade today, on better demand for the greenback amidst the upbeat US economic data.
Get ready for the world economy’s biggest week of 2019
LONDON: There will be no chance of a summer break for investors or policymakers in coming days as they brace for what might be the busiest week for the world economy this year.
Ringgit may get a reprieve from US rate cuts
THAT the US Federal Reserve is open to interest rate cuts despite strong jobs numbers for June indicates that the gloomy global outlook is not improving anytime soon.
Asean stocks fall as strong US jobs data softens aggressive rate-cut hopes
SINGAPORE: Southeast Asian stock markets fell on Monday, with Singapore shedding 1%, as strong US jobs data for June tempered hopes of sharp rate cuts by the US Federal Reserve.
