News
Ringgit opens higher vs US$ amid geopolitical tensions
1+ hour, 23+ min ago (341+ words) KUALA LUMPUR: The ringgit opened higher against the US dollar on Friday as traders turned cautious amid escalating geopolitical tensions, an analyst said. At 8 am, the local currency rose to 3.8965/9160 against the greenback from 3.9045/9125 at Thursday's close. Bank Muamalat Malaysia…...
Ringgit, peso among Asean currencies weighed down by firmer US$
1+ hour, 36+ min ago (217+ words) KUALA LUMPUR: The ringgit and the Philippine peso were among the ASEAN currencies weighed down'by a stronger US dollar at the close today after the latest Federal Open Market Committee (FOMC) minutes signalled the possibility of an interest rate hike,…...
1st LD Writethru: U.S. trade deficit in goods hits record high in 2025
3+ hour, 35+ min ago (287+ words) NEW YORK, Feb. 19 (Xinhua) -- The United States posted a record 1.24 trillion U.S. dollar trade deficit in goods in 2025, up 2.1 percent from the previous year, according to data released Thursday by the U.S. Bureau of Economic Analysis. Statistics show that the United States…...
Rwanda's central bank raises key rate to 7.25 pct as inflation pressures persist
4+ hour, 57+ min ago (428+ words) KIGALI, Feb. 19 (Xinhua) -- The National Bank of Rwanda (BNR) has increased its benchmark central bank rate by 50 basis points to 7.25 percent, as policymakers move to contain rising inflation while safeguarding financial stability, the bank's governor said Thursday. "The decision to…...
Brazil's GDP grows 2.5 pct in 2025
6+ hour ago (122+ words) BRASILIA, Feb. 19 (Xinhua) -- Brazil's gross domestic product (GDP) expanded 2.5 percent in 2025 from a year earlier, according to data released Thursday by the country's central bank. Read full story Brazil's GDP grows 2.5 pct in 2025 BRASILIA, Feb. 19 (Xinhua) -- Brazil's gross domestic product…...
Malaysia's services sector achieves trade surplus after 13 years, record trade value of RM543.01bil
16+ hour, 40+ min ago (284+ words) KUALA LUMPUR: Malaysia's services sector ended a 13-year trade deficit to record a trade surplus of RM1.15bil in 2025 on the back of a robust performance in travel and manufacturing services, said the Malaysia External Trade Development Corporation (Matrade). According to the…...
Laos posts US$202mil trade surplus as exports surge
18+ hour, 1+ min ago (536+ words) VIENTIANE: Laos exported goods worth more than US$886 million in January, up 36 per cent from the same month last year, according to the Ministry of Industry and Commerce. Figures from the Department of Foreign Trade show that the value of…...
Ringgit opens lower vs US$ following FOMC minutes
20+ hour, 28+ min ago (205+ words) KUALA LUMPUR: The ringgit eased'against the US dollar at the opening on'Thursday, as the greenback strengthened amid Federal Open Market Committee (FOMC) minutes which signalled a potential interest rate hike, an analyst said. Bank Muamalat Malaysia Bhd chief economist Dr…...
Malaysia's CPI rises 1.6% in Jan
22+ hour, 27+ min ago (178+ words) KUALA LUMPUR: Malaysia's inflation increased 1.6% in January as compared to the same month last year, the National Statistics Deparment reported on Thursday. The increase in the consumer price index (CPI) was in line with market expectations and on a par…...
Wall St ends higher on Nvidia, other AI stocks
1+ day, 3+ hour ago (536+ words) NEW YORK: Wall Street ended higher on Wednesday, lifted by gains in Nvidia, Amazon and other technology-related heavyweights following recent jitters about artificial intelligence. Nvidia climbed 1.6% after the world's most valuable company said it had signed a multi-year deal to…...