us dollar

 
 

US sanctions bring stress to already battered emerging markets

LONDON, Aug 21 — Under the presidency of Donald Trump, the US is using sanctions against its adversaries — and even some friends — like never before. The latest batch against Russia and Turkey sank emerging markets, with stocks poised for…


Asia stocks capped, US dollar droops following Trump comments

TOKYO, Aug 21 — Asian stocks were capped and the US dollar dipped today after US President Donald Trump accused China and Europe of manipulating their currencies and said he was “not thrilled” with the Federal Reserve for hiking interest…


Chinese ETF investors throw gold a lifeline

BEIJING, Aug 21 — Just when you thought investors have given up on gold, the Chinese swooped in. On Friday, as prices of Bosera Gold Open-End ETF slumped to the lowest since December 2016, the exchange-traded fund attracted US$68 million (RM279…


US-China trade talks optimism lifts shares, oil gains

NEW YORK, Aug 21 — A gauge of global equity markets rose yesterday on hopes US-China trade talks this week will diffuse the dispute, while Turkey's lira fell anew on cuts to the country's credit ratings and after shots were fired outside the US…


China defies US pressure as EU parts ways with Iranian oil

BEIJING, Aug 20 — China, seeking to skirt US sanctions, will use oil tankers from Iran for its purchases of that country’s crude, throwing Tehran a lifeline while European companies such as France’s Total are walking away due to fear of…


Euro falls with investors cautious about US-China trade talks

LONDON, Aug 20 — The euro slipped today as the dollar gained ahead of proposed trade talks between the United States and China this week that investors hope will ease tensions between the world’s two biggest economies. Anticipated talks between…


Asia shares inch up with yuan, wary on Sino-US talks

SYDNEY, Aug 20 — Asian share markets crept cautiously higher today as investors awaited developments on proposed Sino-US trade talks and the Chinese yuan rallied away from dangerous lows. MSCI’s broadest index of Asia-Pacific shares outside…


Ringgit recovers ground against US dollar

KUALA LUMPUR, Aug 20 — The ringgit recovered its position in opening slightly higher against the US dollar today, following a week of weakening against the greenback due to external factors. At 9am, the local note was traded at 4.0970/1020 versus…


Asia shares inch up, cautious on Sino-US trade talks

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SYDNEY, Aug 20 — Asian share markets crept cautiously higher today as investors awaited developments on proposed Sino-US trade talks, while keeping a wary eye on the Chinese yuan and Turkish lira for any new signs of strain. MSCI’s broadest…


Trade war creates unstable environment for foreign inflows, says economist

KUALA LUMPUR, Aug 19 — Intensifying trade friction between China and the United States has left the local equity market sentiment cautious, creating an unstable environment for foreign fund inflows. Bank Islam Chief Economist, Dr Mohd Afzanizam…