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KUALA LUMPUR: The ringgit opened slightly higher against the US dollar this morning as investors viewed Malaysia's political and policy stability favourably among emerging markets, boosting the currency's appeal amid mixed global sentiment.
GUANGZHOU, March 26 (Xinhua) -- Seiya Matsuno, a Japanese researcher at the International Peace Research Institute of Meiji Gakuin University in Japan, donated a collection of rare Japanese wartime documents to the Guangdong Provincial Archives on Tuesday, disclosing new evidence of the counterfeit currency war waged by Japanese invaders in Hong Kong during World War II.
KUALA LUMPUR: Bank Negara Malaysia (BNM) will work with its ASEAN counterparts to encourage businesses to use local currencies in facilitating trade within the region, said Deputy Governor Datuk Marzunisham Omar.
Indonesian stocks slumped on Friday, bringing a bruising week to an end as concerns over the country's fiscal health weighed, while most Asian currencies were on the defensive on trade war uncertainties.
QUITO, March 18 (Xinhua) -- Ecuadorian President Daniel Noboa on Tuesday ratified the U.S. dollar as the nation's official currency and sole means of payment, the government announced.
JAKARTA: Indonesia's financial services regulator has allowed listed companies to buy back their stocks without shareholders' approval, while the central bank conducted "bold" currency intervention to calm markets, officials said on Wednesday.
Expanding local currency usage will offer businesses greater flexibility in payment options, lowering transaction costs and easing foreign currency demand pressures.
KUALA LUMPUR: The ringgit strengthened against the US dollar in early Thursday dealings, supported by improved buying sentiment for the domestic currency despite a firmer US Dollar Index (DXY).
THESE days, many Malaysians pay for things digitally, relying on e-wallets and online banking. Fewer people carry much cash in their wallets.
Most Asian stocks and currencies traded lower on Wednesday, as investors fretted about uncertainties surrounding global trade and growth from back-and-forth U.S. tariff plans.
MOST Asian currencies slipped on Monday, with the Indian rupee and South Korean won leading losses as concerns about potential U.S. tariffs and a slowing U.S. economy weighed on risk sentiment.
MOST Asian stocks and currencies traded lower on Wednesday, as investors fretted about uncertainties surrounding global trade and growth from back-and-forth U.S. tariff plans.
The outlook for emerging Asian currencies is worsening again after US President Donald Trump announced new tariffs on China, curbing optimism that his threats were mainly bargaining ploys.
Indonesia led gains in Asian stocks and currencies on Wednesday, while the dollar stayed weaker as U.S. President Donald Trump's tariffs on China, Canada and Mexico prompted retaliatory levies.
Indonesia and South Korea led a downturn in Asian currencies and stocks on Friday as the US dollar strengthened and markets prepared for President Donald Trump's impending tariffs on China, Mexico, and Canada.
Donald Trump's aggressive trade stance and tarriffs, which are casting a shadow over global markets, come as bad news for the ringgit, which will likely remain under pressure. However, the ringgit isn't alone in this boat.
MOST emerging Asian currencies ticked lower on Friday and stocks were mixed after a turbulent week as U.S. President Donald Trump's fast-changing tariff policy fuelled investor uncertainty.
PETALING JAYA: RM170mil in foreign currency and 16kg in gold worth nearly RM7mil have been seized in a corruption and money laundering case involving former prime minister Datuk Seri Ismail Sabri Yaakob, says the Malaysian Anti-Corruption Commission (MACC).
INDONESIA led the decline in Southeast Asian currencies and equities on Thursday, due to heightened uncertainty following U.S. President Donald Trump's ambiguous tariff threats against Europe and the timing of planned duties on Canada and Mexico.
ASIAN currencies, led by the Malaysian ringgit and Indonesian rupiah, recorded slight gains on Friday, as regional equities also strengthened, with investors assessing U.S. President Donald Trump's tariff threats as largely rhetoric.
