LONDON – The eurozone is more stable than a year ago but economic conditions remain challenging and governments must push on with reforms and banking union plans, European Central Bank President Mario Draghi said on Thursday. Speaking in London almost …

The ringgit closed sharply lower against the US dollar today on weak buying interest for the local note, a dealer said.

China has been progressively cutting back restrictions on the use of the renminbi, contributing to a growing trend to denominate Malaysia-China trade in the Chinese currency, with big conglomerates and SMEs (small and medium enterprises) alike more than willing to take advantage of the benefits of trading in renminbi

Asia’s dollar sukuk market looks set for a boost from the entry of Cagamas Bhd., Malaysia’s biggest corporate debt issuer

The ringgit was traded sharply lower against the US dollar, in early session, this morning, on lack of buying interest, a dealer said.