• Finance  |  APRIL 25, 2015 4:12 PM

    Ringgit to be in positive territory against greenback

    Story by

    The ringgit is forecast to be in  positive territory against the US dollar next week, prompted by positive market sentiment amid the Eurozone predicament. Affin Hwang Investment Bank Vice-President/Head of Retail Research Nazri Khan Adam Khan said the possibility of a …

  • Finance & World Biz  |  APRIL 24, 2015 3:56 PM

    China to expand free capital movement scheme

    Story by

    China plans to let the yuan be traded with few restrictions in all of its free trade zones in coming months and later this year take nationwide the pilot scheme that is meant to make the currency more freely convertible, …

  • Economy, Featured and Exclusive, Finance, World Biz  |  APRIL 24, 2015 3:20 PM

    Asian central banks expected to cut rates again

    Story by

    Emerging Asian central banks are expected to cut interest rates again in the coming months, but economists polled by Reuters are doubtful the moves will significantly boost growth or inflation. The findings echo results from earlier this week in Reuters …

  • Finance & Markets  |  APRIL 24, 2015 10:09 AM

    Ringgit opens higher against US dollar

    Story by

    The ringgit opened higher against the US dollar in the early session today on renewed buying interest for the local unit. At 9.16 am, the local unit was quoted at 3.6000/6030 to the greenback compared with 3.6250/6280 at 5 pm on Thursday. …

  • Featured and Exclusive, Finance, Markets  |  APRIL 24, 2015 7:48 AM

    US dollar falls on housing dip, euro rises as Greek fears fade

    Story by

    The dollar was knocked lower on Thursday by a decline in US new-home sales fanning worries about US economic growth, while the euro rose more than 1% on waning fears of a Greek default. New home sales declined 11.4% in …