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Global Forex Market

THE dollar appreciated by 0.36% to 97.631 following a confluence of factors such as the dovish ECB meeting; higher demand for safe-haven assets as optimism in the US-China trade talks was offset by another round of Brexit saga; and better-than-expected flash PMI data with the October Markit manufacturing PMI preliminary estimate rising to 51.5 points from 51.1 points in September and beating market expectation of 50.7.

Global Foreign Exchange Market

Amid a short working week with the Labour Day break on Monday, the dollar weakened by 0.51% to 98.41 due to global risk-on sentiment as Washington and Beijing agreed to hold high-level talks in October, raising hopes of a de-escalation in trade tensions that has battered global economic growth.

Bend and not break

THERE is always life after the arena, as Sarina Sundara Rajah, 37, has found. The former national rhythmic gymnast was down and out after suffering from a knee injury at her peak. Fortunately for her, she found coaching a good path to fall back on.

PTPN borrowers listed in CCRIS can buy first home, Bank Negara says

MELAKA: National Higher Education Fund Corporation (PTPTN) borrowers who have been listed in the Central Credit Reference Information System (CCRIS) have no problems getting a bank loan to buy their first home, says Bank Negara Malaysia.

Quality of university degrees comes into question

IN 2010, there was an adrenaline rush on education stocks on Bursa Malaysia. It was the time when the National Higher Education Fund (PTPTN) was virtually the “ticket” for private institutions of higher learning (IPTS) to flourish.

Treasury Pulse

Global Forex Market

UUM goes cashless with kiplePay

PETALING JAYA: Communication and technology services company Green Packet Bhd has taken its mobile payment solution to Universiti Utara Malaysia (UUM) to enable the latter’s 20,000 population to go cashless.