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October 26, 2023
KUALA LUMPUR: The ringgit retreated from the previous day’s gains to open lower against the greenback today on rising US bond yields after the latest US economic data strengthened the view that interest rates would stay higher for longer.
October 26, 2023
WASHINGTON — US President Joe Biden has warned China that the US will defend the Philippines in case of any attack in the disputed South China Sea.The comments come days after two collisions between...
October 26, 2023
Total liquid foreign reserves held by country stand at $12.6 billion
October 26, 2023
The U.S. trade deficit in goods widened 1.3% to $85.8 billion in September, according to the Commerce Department’s advanced estimate released Thursday.
October 26, 2023
The foreign exchange market is a high-paced and dynamic arena, more active than any other global financial market
October 25, 2023
China's holdings of US bonds have hit a 14-year low - but that doesn't necessarily mean Beijing is deliberately shifting away from dollar assets, according to Lloyds Banking Group strategists.
October 24, 2023
RIYADH: Crown Prince Mohammed bin Salman received letters on Monday from the Emir of Qatar Sheikh Tamim bin Hamad, Cuban President Miguel Diaz-Canel Bermudez and former President Raul Castro, and Kyrgyzstan’s Prime Minister Akylbek Japarov, the Saudi Press Agency reported. The messages were received by Saudi Deputy Foreign Minister Waleed bin Abdulkarim Al-Khuraiji during separate meetings in Riyadh with the...
October 24, 2023
KUALA LUMPUR: Bank Negara will do whatever is necessary to ensure the ringgit continues to adjust in an orderly manner, which allows businesses to be facilitated as well.
October 24, 2023
KUALA LUMPUR: The ringgit opened slightly higher against the US dollar, rebounding after being impacted by a risk-off sentiment due to the geopolitical tension in the Middle East.
October 24, 2023
RIYADH: QatarEnergy has signed a sale and purchase agreement with Eni to supply up to 1 million tons of liquefied natural gas annually to Italy. In a press statement, the state-run petroleum company revealed that it will deliver LNG to the energy major for 27 years beginning in 2026. The gas will be sourced through their joint venture, which holds...