Malaysia is in "pole position to attract investors and that is generating significant support" for the ringgit," according to Saktiandi Supaat, Maybank's Head of FX Research.
Oil steadied after its biggest advance in more than a week, as traders tracked developments in the Middle East and the impact ...
Chinese stocks made brisk gains on Wednesday, extending their stimulus-fueled rally to a second day, even as equities in the rest of the region struggled and crude ...
Metal stocks like Vedanta, NALCO, and Tata Steel rose up to 4% as China's central bank announced economic stimulus measures.
SHANGHAI: China's central bank lowered the cost of its medium-term loans to banks on Wednesday in a move consistent with ...
China's central bank has shifted to a more aggressive easing stance, but its policy weapons don't have the key enemy to ...
The US dollar to offshore Chinese yuan, or CNH rate fell to as low as 6.9951, the first time it breached the 7 per dollar ...
The CB Consumer Confidence Index dropped to 98.7 this month from an upwardly revised 105.6 in August, registering the largest decline since August 2021. Meanwhile, The Richmond Fed index fell to a ...
Financial markets: The announcement of stock market support, combined with potential stock buybacks from listed companies, could stabilize the markets. Valuations are already low, and any signs of ...
The original sovereign wealth funds were basically mechanisms for investing excess foreign exchange reserves abroad in equities and other assets that were too volatile or illiquid for traditional ...
Asia-Pacific markets trade higher on Wednesday on the back of Chinese stimulus measures. Investors digest PBOC's MLF rate cut ...