Ringgit soft as US$ remains elevated
KUALA LUMPUR: The ringgit extended its downward trend as the US dollar remained elevated while market players await the release of the…
South Korea Q1 GDP growth smashes estimates, but outlook’s uncertain
SEOUL: The South Korean economy grew at the fastest pace in more than two years in the first quarter beating…
Malaysia’s CPI rises 1.8% in March
KUALA LUMPUR: Malaysia's inflation rose 1.8% in March 2024, unchanged from the previous month with the index points at 132.2…
Investors take profit amid regional weakness
KUALA LUMPUR: The rally on the domestic market stalled in mid-morning trade with investors locking in profits in line with…
Stocks hit by tech slide; yen flails at intervention zone
SINGAPORE: Asian stocks fell on Thursday as disappointing earnings forecasts from Facebook parent Meta Platforms hammered tech shares, while the…
Oil steady as market weighs US demand concerns, Middle East conflict risks
SINGAPORE: Oil prices steadied on Thursday after settling lower in the previous day, as signs of retreating fuel demand in…
Asian stocks hit by US tech slide, FX subdued
THE Philippine peso and South Korean won led losses on Thursday among subdued Asian emerging currencies, while stock markets in…
EPF balancing between retirement mandate and supporting members’ economic survival
KUALA LUMPUR: The Employees Provident Fund (EPF) is evolving, shifting from a traditional focus on savings for retirement to a…
Profit-taking in the market, KLCI down 0.14%
KUALA LUMPUR: Despite opening higher at the start of the opening bell, the FBM KLCI succumbed to mild profit-taking activities…