KUALA LUMPUR, March 19 ― The ringgit extended yesterday’s gains to end firmer against the US dollar as the greenback retreated earlier gains due to re-emerging concerns over US bond yields, an analyst said. At 6pm, the ringgit finished slightly higher against the greenback at 4.1050/1100...
A Malaysia Ringgit note is seen in this illustration photo June 1, 2017. — Reuters picKUALA LUMPUR, March 19 ― The ringgit extended yesterday’s gains to end firmer against the US dollar as the greenback retreated earlier gains due to re-emerging concerns over US bond yields, an analyst said.
The analyst said the greenback halted its recovery path in response to the retracement in US yields, particularly the 10-year note, to the 1.67 per cent level after climbing as high as 1.75 per cent at some point on Thursday.
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.
Ringgit lower versus US dollar on continued US bond yields | Malay MailKUALA LUMPUR, March 22 — The ringgit opened lower versus the US dollar today as the continued United States (US) bond yields strengthened the greenback. As at 9am, the ringgit opened lower against the greenback at 4.1130/1180 compared with 4.1050/1100 at Friday’s close. Axi chief global...
Read more »
US university reaches US$852m settlement in gynaecologist sex abuse case | Malay MailLOS ANGELES, March 25 — The University of Southern California has reached an US$852 million (RM3.5 billion) settlement with more than 700 women who accused an ex-gynaecologist on campus of sexually abusing them as patients and the prestigious school of trying to cover it up, the two sides said...
Read more »
Mitsubishi UFJ warns of US$300m loss in dealings with US client | Malay MailTOKYO, March 30 — Mitsubishi UFJ Securities Holdings said today it could face a US$300 million (RM1.2 billion) loss in its dealings with a US client in what could be the latest deficit caused by last week’s massive stocks sale. The Japanese brokerage house, a unit of Mitsubishi UFJ Financial...
Read more »
US will not push allies into ‘us-or-them choice’ on China, says Blinken | Malay MailBRUSSELS, March 24 — The United States sees China as a threat to collective security, but will not force allies to choose between Beijing and Washington, Secretary of State Antony Blinken was set to say today. “The United States won’t force our allies into an ‘us-or-them’...
Read more »
Microsoft wins US$22b US army contract for augmented reality gear | Malay MailSAN FRANCISCO, April 1 — Microsoft has won a massive Pentagon contract for augmented reality headgear for soldiers worth US$21.88 billion (RM90.7 billion) over the next decade, the company and the US military announced yesterday. The headsets, based on commercially available HoloLens, will make...
Read more »
Google to invest over US$7b in US, create 10,000 jobs | Malay MailWASHINGTON, Mar 18 — Google announced plans today to invest more than US$7 billion in the United States this year and create thousands of jobs in a move aimed at helping the economic recovery. Chief executive Sundar Pichai said the move will create “at least 10,000 new full-time Google jobs in...
Read more »