All roads lead to a stronger dollar. That’s the current view of Stephen Jen, co-founder of hedge fund SLJ Macro Partners LLP, who spent 13 years at Morgan Stanley where he helped develop a theory... more
Oil rebounded from the lowest price in a week amid a rally across commodities, equities and emerging- market currencies. Futures rose as much as 0.7 percent in New York. Asian stocks climbed, led by... more
Share prices on Bursa Malaysia were on a firm note at mid-morning today with the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) trading 0.83 per cent higher. At 11.15 am, the key index was 13.14... more
The local stock market snapped a three-day losing streak to end higher today on bargain hunting. At 5 pm, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) settled at 1,587.12, up 4.27 points after... more
Malaysia’s ringgit fell for a fifth day, the longest run of losses in a month, as an overnight decline in energy prices and an economic slowdown in China damped demand for the oil-exporting nation’s... more
Oil declined for a second day on speculation OPEC will fail to stabilize prices amid a global oversupply and concern over Chinese demand. Futures lost as much as 2 percent in New York as the Shanghai... more
Malaysia’s ringgit dropped to a new 1998 low and stocks fell as sentiment continues to sour for emerging- market assets amid slowing Chinese growth and prospects for a U.S. interest-rate increase.... more
Dubai stocks led a decline in most Middle Eastern equities after the U.S. jobless rate dropped to a level the Federal Reserve considers to be full employment, bolstering the case for an interest-rate... more
Oil traded near $50 amid signs the global glut will persist as President Barack Obama secured congressional support for the Iranian nuclear deal and U.S. crude supplies rose the most since April.... more
Bursa Malaysia closed lower for the second consecutive day today, weighed by losses in the finance and banking stocks, led by Maybank. At 5 pm, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI)... more