TAIPEI (Reuters) - Shares of contract chip manufacturer TSMC fell more than 2% on Wednesday after U.S. presidential candidate Donald Trump said Taiwan should pay for defence.
KUALA LUMPUR: The ringgit opened slightly higher against the US dollar as a risk-on mood emerged, with US equities benchmarks continuing to break record highs amid growing anticipation of a US Federal Reserve rate cut.
Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid, noted that recent economic data also supports the rate cut thesis.
Ringgit US Dollar Interest Rates Mohd Afzanizam Abdul Rashid Retail Sales
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