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Ringgit rises as US rate cut hopes drag dollar below key level
KUALA LUMPUR, Nov 26 — The ringgit continued to strengthen against the US dollar as expectations of a US interest rate cut in December build, putting pressure on the greenback, an analyst said. At 8am, the ringgit appreciated to 4.1250/1365
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As US dollar softens, ringgit opens higher toward upgraded RM4.10 target
KUALA LUMPUR, Nov 25 — The ringgit opened slightly firmer against the US dollar, aligning with forecasts to reach RM4.10 by year-end, as dovish remarks by US Federal Reserve officials weakened the greenback. At 8 am, the ringgit strengthened to
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South Korea eyes record exports in 2025
SEOUL, Nov 24 — South Korea’s kimchi exports are expected to hit an all-time high this year amid rising global demand for Korean food, customs data showed Monday, Yonhap News Agency reported. Overseas sales of kimchi, a traditional Korean side
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Bursa Malaysia opens higher on bargain-hunting, Wall Street lif
KUALA LUMPUR, Nov 24 — Bursa Malaysia opened higher on Monday, buoyed by Friday’s Wall Street rally and bargain-hunting activity. At 9.06am, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 2.91 points to 1,620.48, after opening 2.57 points higher at
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Foreign investors pull US$6.73b from Asian markets last week
KUALA LUMPUR, Nov 24 — Foreign investors were net sellers for the week ended November 21, 2025 across eight markets, with total outflows reaching US$6.73 billion (RM28 billion), about 1.9 times more than the week before. MBSB Investment Bank Bhd’s
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US government cancels October inflation report after shutdown
WASHINGTON, Nov 22 — The US government said yesterday that it will not publish a consumer inflation report covering the month of October, as a record-long shutdown hampered its data collection. This intensifies the fog surrounding the Federal Reserve ahead
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Judge in Google ad tech case seeks quick fix for web giant’s monopolies
ALEXANDRIA, Nov 22 —The US judge considering whether to order a breakup of Google’s advertising technology business asked the Department of Justice yesterday how quickly such a remedy would take effect, saying, “time is of the essence.” Google has so
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How culture and tech are reshaping bribery and corruption risks across Asia-Pacific, including Malaysia
KUALA LUMPUR, Nov 21 — According to ACCA’s new report, ‘Combatting Fraud in a Perfect Storm’, organisations across Asia-Pacific are contending with a diverse and fast-evolving fraud landscape. The study identifies procurement fraud (34 per cent) and bribery and corruption
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Global stocks in red over worries about tech and Nvidia
NEW YORK, Nov 19 — Stock markets slid across the board yesterday as investors worried about lofty tech valuations on the eve of earnings from AI chip titan Nvidia. Bitcoin also briefly fell below the key US$90,000 (RM373,410) level for
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Ringgit higher versus US dollar ahead of next US fed rate move
KUALA LUMPUR, Nov 19 —The ringgit opened higher against the US dollar today amid investors’ cautious sentiment about the US Federal Reserve (Fed) interest rate next month, an analyst said. At 8am, the ringgit strengthened to 4.1570/1705 versus the greenback from yesterday’s
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