Category: Business

Bursa Malaysia inches up at opening
Business

Bursa Malaysia inches up at opening

azhar zein mamoola- November 11, 2019

KUALA LUMPUR,. Bursa Malaysia inched up at opening today, spurred by buying in finance and healthcare-related counters, in line with gains in some of the ... Read More

Ringgit opens lower against US dollar after heavy outflow last week
Business

Ringgit opens lower against US dollar after heavy outflow last week

azhar zein mamoola- November 11, 2019

KUALA LUMPUR,. The ringgit opened slightly lower against the US dollar today following a significant outflow of foreign investors recorded last week, dealers said. At ... Read More

Alibaba Singles’ Day sales hit US$23b in first nine hours
Business

Alibaba Singles’ Day sales hit US$23b in first nine hours

azhar zein mamoola- November 11, 2019

HANGZHOU,. Chinese e-commerce giant Alibaba Group Holding Inc today said sales for its annual Singles’ Day shopping blitz hit 158.31 billion yuan (RM93.68 billion) in ... Read More

China-US trade war to ease but conflicts will persist, says former finmin
Business

China-US trade war to ease but conflicts will persist, says former finmin

admin- November 10, 2019

BEIJING,. A Sino-US trade war could ease somewhat but wider conflicts between the world’s two largest economies will continue, Lou Jiwei, a former Chinese finance ... Read More

IMF approves US$450m loan tranche for Pakistan
Business

IMF approves US$450m loan tranche for Pakistan

admin- November 10, 2019

WASHINGTON,. The International Monetary Fund (IMF) yesterday praised Pakistan’s economic performance and agreed on next steps, paving the way for release of another portion of ... Read More

EU-Singapore trade deal takes effect November 21
Business

EU-Singapore trade deal takes effect November 21

admin- November 9, 2019

BRUSSELS,. A landmark trade deal between the EU and Singapore, a major hub for European businesses in Asia, will go into effect on November 21, ... Read More

US dollar hits three-week high; yen rises on renewed trade uncertainty
Business

US dollar hits three-week high; yen rises on renewed trade uncertainty

admin- November 9, 2019

NEW YORK,. The dollar rose to a three-week high today, getting some safe-haven bids, as risk appetite for higher-yielding currencies took a step back amid ... Read More