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Bitcoin surges above $106,000 on strategic reserve hopes

Bitcoin surges above $106,000 on strategic reserve hopes

Bitcoin and crypto have been catapulted into the spotlight as investors wager the incoming Trump administration will usher in a friendlier regulatory environment.
Mon Dec 16 2024
Euphoria all around as Bitcoin vaults above $100,000, stocks hit record highs

Euphoria all around as Bitcoin vaults above $100,000, stocks hit record highs

World stocks hits fresh record highs with sentiment bolstered by upbeat comments on the economy from Federal Reserve chief Jerome Powell.
Thu Dec 05 2024
Ringgit strengthens 14.4 pct vs USD in 3Q 2024; One of the best performing currencies globally

Ringgit strengthens 14.4 pct vs USD in 3Q 2024; One of the best performing currencies globally

The local currency's performance was primarily driven by the US Federal Reserves' 50 basis points policy rate cut.
Wed Oct 09 2024
US rate cut, Malaysia's structural reforms and economic outlook fuelling ringgit recovery - BNM

US rate cut, Malaysia's structural reforms and economic outlook fuelling ringgit recovery - BNM

Datuk Seri Abdul Rasheed said Malaysia's positive economic outlook and structural reforms are also propelling the ringgit's rise.
Fri Sep 20 2024
Ringgit rebounds to open higher vs US dollar

Ringgit rebounds to open higher vs US dollar

US Federal Reserve chair Jerome Powell said the central bank will not wait until inflation hits two per cent to cut interest rates.
Tue Jul 16 2024
Bursa Malaysia starts firmer despite Wall Street's mixed performance

Bursa Malaysia starts firmer despite Wall Street's mixed performance

Investors focused on the US Federal Reserve's semi-annual testimony to assess the US economic growth and monetary policy paths.
Tue Jul 09 2024
Ringgit easier vs US dollar amid expectations of tight US monetary policy

Ringgit easier vs US dollar amid expectations of tight US monetary policy

A chief economist Dr Mohd Afzanizam Abdul Rashid said the ringgit is expected to move in a narrow range today.
Mon May 13 2024
Khazanah Nasional records better profit from operations of RM5.9 bln in FY2023

Khazanah Nasional records better profit from operations of RM5.9 bln in FY2023

Its stronger performance driven by higher dividends and distributions from investee companies, fair value gains and capital preservation.
Mon Mar 11 2024
Ringgit opens lower vs US dollar, stronger against other major currencies

Ringgit opens lower vs US dollar, stronger against other major currencies

The ringgit continued to open lower against the U.S. dollar amid higher-than-expected U.S. inflation data which suggested the Federal Reserve (Fed) might keep the interest rate steady.
Wed Feb 14 2024
Ringgit opens higher vs greenback amidst Fed's interest rate decision

Ringgit opens higher vs greenback amidst Fed's interest rate decision

The ringgit opened higher against the US dollar on Friday after the United States Federal Reserve decided to maintain its interest rate at 5.5 per cent.
Fri Feb 02 2024
US Fed leaves interest rates unchanged amid surging Treasury yields

US Fed leaves interest rates unchanged amid surging Treasury yields

The US Federal Reserve on Wednesday left interest rates unchanged at a 22-year high of 5.25-5.5 per cent, as yields on long-term US Treasury bonds have spiked in recent months, reported Xinhua.
Thu Nov 02 2023
US stocks plummet 1.6 per cent after Fed shakes markets with another rate hike

US stocks plummet 1.6 per cent after Fed shakes markets with another rate hike

The Fed raised its benchmark interest rate by another 25 basis points despite a banking crisis causing turmoil in the US financial sector.
Thu Mar 23 2023
Asian shares subdued after Fed hints at rate pause

Asian shares subdued after Fed hints at rate pause

Asian shares inched higher after the Fed Reserve hinted it could pause interest rate hikes following turmoil in the banking sector.
Thu Mar 23 2023
Ringgit extends gains against greenback on expectation of slower US interest rate hike pace

Ringgit extends gains against greenback on expectation of slower US interest rate hike pace

The ringgit continued its positive momentum this morning to open slightly higher against the greenback on the expectation of a US Federal Reserve downshift to a 25 basis points interest rate hike.
Mon Jan 16 2023
US Fed says higher interest rates will remain

US Fed says higher interest rates will remain

Higher interest rates will stay in place until the US Federal Reserve is confident that surging inflation is on a path toward stability, according to a Fed meeting summary released this week.
Fri Jan 06 2023
Ramsay reveals hundreds of lucky cat statues stolen from new restaurant

Ramsay reveals hundreds of lucky cat statues stolen from new restaurant

Gordon Ramsay says about 477 Japanese cat models called maneki-neko were stolen from his Lucky Cat 22 Bishopsgate restaurant.
Fri Feb 21 2025
Zayn Rayyan case: Two child witnesses complete testimony today

Zayn Rayyan case: Two child witnesses complete testimony today

So far, 20 prosecution witnesses, including the two children, have been called for this trial, according to the Deputy Public Prosecutor.
Fri Feb 21 2025
Macron says he will tell Trump not to be weak with Putin in Washington visit

Macron says he will tell Trump not to be weak with Putin in Washington visit

Emmanuel Macron says showing any weakness to Russia's Vladimir Putin would make it harder to deal with China and Iran.
Fri Feb 21 2025
Israeli PM Netanyahu says Hamas will pay for not returning Shiri Bibas

Israeli PM Netanyahu says Hamas will pay for not returning Shiri Bibas

Netanyahu accuse Hamas of acting "in an unspeakably cynical manner" by placing body of a Gaza woman in the coffin instead of Shiri Bibas.
Fri Feb 21 2025
Trump pulls US out of key global climate assessment, sources say

Trump pulls US out of key global climate assessment, sources say

The US is a co-chair along with Malaysia of a working group on climate mitigation, or ways to reduce greenhouse gas emissions.
Fri Feb 21 2025
Japan to court Tesla on Nissan investment, FT reports

Japan to court Tesla on Nissan investment, FT reports

The group hopes Tesla will invest strategically, believing it's interested in acquiring Nissan's US plants, the report says.
Fri Feb 21 2025
185 children linked to GISB handed over to families - Exco

185 children linked to GISB handed over to families - Exco

The children have been handed over to their families on bond with conditions by the court.
Fri Feb 21 2025
IRS fires 6,000 employees as Trump slashes US government

IRS fires 6,000 employees as Trump slashes US government

The move will eliminate roughly 6% of the agency's workforce in the midst of the busy tax-filing season.
Fri Feb 21 2025
Elon Musk wields chainsaw at conservative gathering, a gift from Argentina's Milei

Elon Musk wields chainsaw at conservative gathering, a gift from Argentina's Milei

This is the chainsaw for bureaucracy, says Elon Musk.
Fri Feb 21 2025
[OPINION] For never again the world must know more about the Khojaly genocide

[OPINION] For never again the world must know more about the Khojaly genocide

For Azerbaijanis, the Khojaly genocide is more than a historical event - it is a collective trauma that shapes their identity and worldview.
Fri Feb 21 2025