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
Malaysia’s ringgit rose to a one-week high and bonds rallied after weekend protests calling for the resignation of Prime Minister Najib Razak ended peacefully. An overnight surge in oil prices also... more
China's central bank plans to tighten rules on trading of currency forwards from October, sources with direct knowledge of the matter told Reuters, in a move to curb speculation and volatility after... more
Gold rose for the first time in four days on signs that the U.S. Federal Reserve may hold off on raising interest rates. Funds backed by the metal saw the biggest increase in assets since January.... more
Oil advanced as Asian markets rallied while U.S. government data showed crude inventories unexpectedly shrank in the world’s biggest oil consumer. Futures rose as much as 2.5 percent in New York,... more