Bursa Malaysia finished on a firmer note today helped by gains in heavyweights led by Petronas Chemical, dealers said. At 5pm, the benchmark index, FTSE Bursa Malaysia KLCI (FBM KLCI), was 31.80... more
The ringgit closed 1.12 per cent better to the US dollar today, snapping a 17-day losing streak, on improved risk appetite. At 5 pm, the ringgit was quoted at 4.2105/2155 against the greenback from 4... more
Oil rose, stemming its decline to a six-year low, while swelling U.S. crude stockpiles kept the market under pressure amid a global selloff. Futures gained as much as 2.3 percent in New York, paring... more
Share prices moved into the positive territory mid-day supported by bargain buying in most heavyweights and in tandem with the performane of its regional peers, dealers said. As 12.30 pm, the FTSE... more
The pound declined to its weakest level in more than two months against the euro as investors sought out the shared currency amid a slump in commodities and plunge in Chinese shares. Sterling fell... more
Middle Eastern stocks extended their decline amid a global rout and as Brent crude fell below $45 per barrel for the first time since 2009. Saudi Arabia’s Tadawul All Share Index, which entered a... more
Heavy selling across the board particularly in heavyweight counters dragged Bursa Malaysia to close sharply lower today, dealers said. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) fell 42.53... more
Commodities sank to the lowest level in 16 years, joining a rout in global equities and emerging-market currencies on concern that China’s economic slowdown will exacerbate gluts of everything from... more
Turkey’s lira weakened to a record for a fourth day after talks to form a coalition government failed, adding pressure on the central bank to raise interest rates at its meeting on Tuesday. The... more
Asian currencies headed for their longest losing streak in three years as a bombing in Bangkok and the biggest drop in Indonesian exports since 2012 underscored the headwinds facing emerging markets... more