Ringgit opens lower vs US$, stronger against other major currencies
KUALA LUMPUR: The ringgit continued to open lower against the US dollar today amid higher-than-expected US inflation data which suggested the…
Japan’s Nikkei slips from 34-year high after Wall Street sell-off
TOKYO: Japan's Nikkei share average retreated from a 34-year high on Wednesday, weighed by Wall Street's sharp declines overnight, however, a…
Australia’s biggest bank warns of economic downside as profit dips
SYDNEY: Commonwealth Bank of Australia on Wednesday warned of downside economic risks building in Australia from continued high interest rates…
Bursa Malaysia falls as optimism over US rate cuts wavers
KUALA LUMPUR: Bursa Malaysia spent the morning in the red as investors pared back expectations for global equities this year…
Asian currencies, stocks slip as traders trim Fed rate cut bets
EMERGING Asian currencies and stocks eased on Wednesday after hot U.S. inflation prompted traders to push back expectations of imminent…
Stocks extend slide; dollar rides Treasury yields higher
SINGAPORE: Asian shares extended a global sell-off on Wednesday, while the dollar and Treasury yields jumped as traders pared back…
Oil rises as producers forecast demand growth, U.S. fuel stockpiles drop
SINGAPORE: Oil prices rose on Wednesday, reversing earlier losses, as major producer group OPEC kept to their relatively strong forecast for…
TikTok CEO Chew Shou Zi’s Senate grilling on China ties could ‘undermine’ US image: Singapore envoy
WASHINGTON: Weeks after Singaporeans were left fuming from an American lawmaker’s grilling of TikTok’s CEO over his nationality and links…
Profit-taking in the market, KLCI down 0.13%
KUALA LUMPUR: Bursa Malaysia ended lower on Wednesday, echoing regional equity performances on profit-taking in index-linked stocks.