Shares on Bursa Malaysia ended lower today with the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) 24.28 points easier on heavy selling across the board particularly of blue chips At 5 pm, the FBM... more
Asian stocks fell as energy shares retreated amid a slump in oil and technology companies led losses. Chinese shares in Hong Kong dropped to an eight-month low. Samsung Electronics Co. slid 3.2... more
European stocks climbed after their biggest weekly drop in more than a month. The Stoxx Europe 600 Index rose 0.9 percent to 389.6 at 8:11 a.m. in London. All its industry groups rose, with... more
Yuan positions at China’s central bank and financial institutions fell by the most on record in July, a sign capital outflows picked up and the central bank stepped up intervention to support the... more
The ringgit depreciated by 1.8 per cent against the US dollar in the second quarter (Q2) of this year and was also down against all regional currencies, except the baht. "The ringgit and other... more
The ringgit rose the most in two months as speculation China intervened to stem the yuan’s plunge helped calm markets following a six-day slide in Malaysia’s currency. Bank Negara Malaysia Governor... more
The ringgit closed 1.96 per cent lower, breaching the psychological level of 4.0 against the US dollar today, amid China's central bank weakening the midpoint for the yuan for a second day. At 5 pm,... more
Vietnam widened the dong’s trading band on Wednesday to allow the currency to weaken after China, its biggest trading partner, devalued the yuan. The dong can now move as much as 2 percent on either... more
Oil’s slump makes crude so attractive to China that even the biggest drop in its currency since 1994 probably won’t deter its ambition to hoard supplies. China devalued the yuan for a second time... more
Malaysia’s ringgit fell the most in seven weeks as China’s record weakening in its daily reference rate spurred the biggest decline in the yuan in two decades and triggered losses across Asia. China... more