SINGAPORE: Financial instruments will form part of the sale of ST Telemedia’s (STT) stake in U Mobile once certain conditions precedent to the completion of the sale are satisfied.
Currency traders smile near a screen showing the Korea Composite Stock Price Index , top left, and the foreign exchange rate between U.S. dollar and South Korean won, top center, at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Tuesday, Dec. 10, 2024.
An in-line inflation reading is unlikely to move the market significantly, but if headline and core inflation exceed expectations, it would be negative for emerging market currencies, said Poon Panichpibool, a markets strategist at Krung Thai Bank. Investors also await more detailed measures from China's annual Central Economic Work Conference this week, after the world's second-largest economy pledged to ease its monetary policy to boost consumption.
However, Panichpibool cautioned that the trend of stronger EM Asian currencies won't last long and could reverse course whenever the second Trump government decide to deliver tariff hikes as promised.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Daim's role in steering Asian financial crisis must be remembered, says MuhyiddinA team of athletes inspires hope and unity in the global amputee community at the recent Women's Amputee World Cup in Colombia.
Read more »
Ronny Chieng picks Malaysia as the greatest Asian country, pokes fun at SingaporeSINGAPORE: The State Courts have granted permission for the man charged with attacking a priest with a knife to be taken to the scene of the crime, St Joseph’s Church in Bukit Timah.
Read more »
Singapore targets stubborn scam victims with new law to restrict financial transactionsSINGAPORE, Nov 11 — Facing a surge in scam cases, Singapore is proposing a landmark law allowing police to control the bank accounts of scam victims who persist in sending money...
Read more »
Malaysia and Singapore Postpone Special Economic Zone Signing Due to Singapore PM's COVID-19The signing of a deal to create a special economic zone in Johor, Malaysia, between Malaysia and Singapore has been postponed to January. This delay is attributed to Singapore's Prime Minister Lawrence Wong contracting COVID-19 and subsequently self-isolating.
Read more »
FA issues alert on product from M’siaThe Singapore Food Agency also said the product was incorrectly labelled as a product of Singapore.
Read more »
Singapore police probing deepfake nude images of sports school students shared within campusSINGAPORE, Nov 12 – Singapore police are reportedly investigating reports of deepfake nude images involving students from the Singapore Sports School (SSP), allegedly created and...
Read more »