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Malaysian ringgit set for biggest monthly decline since 2015
MALAYSIA’S currency is on course for its worst month in more than nine years, as investors scale back on risk assets amid concerns over the US election.
The ringgit is...
Yen tumbles after Japan election; US dollar set for biggest monthly rise since 2022
THE yen hit three-month lows on Monday (Oct 28) as investors figured the loss of a parliamentary majority for Japan’s ruling coalition in weekend elections would slow interest rate...
PetroChina set to shut top north China refinery in 2025: sources
PETROCHINA is set to shut its largest refinery in north China’s Dalian around mid-2025, marking the first major closure at a state-run oil plant, part of a long-mooted project...
Europe: Shares muted on auto pressure, set for weekly loss
Europe’s main stock index swung between losses and gains on Friday (Oct 25), and was set for a weekly fall, with a handful of weak corporate earnings from auto-related...
Asian IPOs set for blockbuster week as ‘animal spirits’ return
Asia’s stock markets are gearing up for their busiest week of listings in more than two years, offering a crucial test of demand as companies rush to raise money...
US dollar falls as risk appetite rises after China; but set for 3rd weekly gain
THE US dollar fell on Friday (Oct 18), taking a breather after five straight days of gains, as risk appetite increased following yet another round of stimulus measures from...
Gold lingers near record peak, set for weekly gain
GOLD held steady near a record high on Friday (Oct 18), as uncertainty surrounding the US election, simmering Middle East tensions and a looser monetary policy environment boosted its...
Hyundai Motor India set to price shares at top of range to raise US$3.3 billion
The price is at the top of the 1,865 rupees to 1,960 rupees range flagged to investors when the deal was launchedHyundai Motor India is set to price its...
