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Ringgit likely to trade between RM3.90 and RM3.95 next week ahead of Trump-Xi meeting
KUALA LUMPUR, May 9 — The ringgit is expected to trade between RM3.90 and RM3.95 against the US dollar next week ahead of a key meeting between President Donald Trump and President Xi Jinping. According to reports, Trump is scheduled
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Bursa Malaysia seen trading range bound next week after KLCI breaks 1750
KUALA LUMPUR, May 9 — Bursa Malaysia is expected to trade in range-bound mode next week after the benchmark index, FBM KLCI, successfully breached above the 1,750 level, supported by improving global risk appetite and Wall Street’s repeated record highs,
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China exports jump 14.1 pc in April despite global war-driven economic pressure
BEIJING, May 9 — China’s overseas shipments grew at a faster pace than expected last month, official data showed today, despite pressure on the global economy caused by war in the Middle East. Exports from the manufacturing powerhouse were up
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Singapore says two cruise ship passengers test negative for hantavirus after isolation
SINGAPORE, May 9 — Two Singapore residents who recently boarded the cruise ship MV Hondius tested negative for hantavirus, the Communicable Diseases Agency (CDA) said. In a statement, it said the National Public Health Laboratory conducted tests on multiple samples collected
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US jobs rise but consumer confidence sinks to historic low amid Iran war fallout
WASHINGTON, May 9 — US employment rose more than expected in April, alleviating some concerns about the health of the world’s largest economy even as one measure of consumer confidence came in at its lowest-ever level. “Total nonfarm payroll employment
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World food prices hit three-year high in April as Iran war drives up oils, says FAO
LONDON, May 8 — World food prices climbed in April to their highest in more than three years, with vegetable oils particularly elevated due to the Iran war and the effective closure of the Strait of Hormuz, the United Nations
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Indonesia sees US$3.3b foreign inflows as central bank steps up rupiah defence
JAKARTA, May 8 — Indonesia recorded US$3.3 billion (RM12.9 billion) in net foreign portfolio inflows from January to April, driven by inflows into Bank Indonesia Rupiah Securities (SRBI) as the central bank intensified efforts to stabilise the rupiah amid global
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Google faces new £3b UK lawsuit over online display advertising
LONDON, May 8 — Google faces a fresh UK lawsuit accusing it of abusing its dominance in online display advertising, the claimants announced yesterday, in the latest antitrust action against the US tech giant. The claim filed on behalf of
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Amazon Web Services says overheating at North Virginia data centre disrupts services
SAN FRANCISCO, May 8 — Amazon’s cloud unit, Amazon Web Services, said yesterday it was working to restore normal temperatures at a data centre in North Virginia after overheating disrupted some services. The incident caused a power loss that affected
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Trump gives EU July 4 deadline to ratify trade deal or face ‘much higher’ tariffs
WASHINGTON, May 8 — President Donald Trump yesterday said the European Union must ratify its trade deal with the United States by July 4 or face “much higher” tariffs, after European officials fell short of agreement on the pact. Trump
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