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Dollar set for worst week since July as traders bet on Fed cut
SINGAPORE, Nov 28 — The dollar was heading for its worst weekly performance since late July on Friday as traders ramped up bets for further US monetary easing next month, while an outage at CME Group halted trading in a
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Taiwan raids ex-TSMC executive’s homes over alleged trade secrets leak to Intel
TAIPEI, Nov 28 — Taiwanese investigators have raided the homes of a former TSMC executive accused of sharing trade secrets with his new employer, US chipmaker Intel. TSMC, which makes the world’s most advanced chips, is suing Lo Wei-jen alleging
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Malaysia’s palm oil sector remains bullish, CPO expected above RM4,000 by year-end
PETALING JAYA, Nov 27 — The palm oil sector in Malaysia is expected to remain stable by 2026, in line with the rebound in soybean oil prices that will narrow the large price gap between the two oils, said Plantation
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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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