BENGALURU (March 7): Most emerging Asian currencies edged higher on Tuesday, as the dollar's rally lost steam after the market priced in the high likelihood of a U.S. Federal Reserve interest rate hike next week.

With a hike already factored in, the dollar needed fresh catalysts to stre...

Most Asian currencies edge up as dollar awaits fresh catalysts

BENGALURU (March 8): Most Asian currencies inched higher on Wednesday, as the dollar struggled to gain traction ahead of U.S. jobs data due later in the week.

The Singapore dollar and Taiwan dollar eked out gains, supported by strength in their equity markets.

The Indonesian r...

Asian currencies firmer as investors await U.S. jobs data for cues

BENGALURU (March 9): Emerging Asian currencies fell as U.S Treasury yields spiked, narrowing the gap with Asian bond yields, after a surge in U.S. private-sector jobs in February reinforced expectations of a Federal Reserve interest rate hike next week.

The South Korean won was the bigg...

Asian currencies fall as US yields rise on private payroll report

BENGALURU (March 10): Asian currencies wobbled on Friday, as investors awaited U.S job data later in the session which could set the tone for a rate hike next week and more this year.

The South Korean won rose slightly after a Constitutional Court upheld a parliamentary impeachment vote...

Asian currencies wary ahead of US job data

SINGAPORE (March 13): Asian currencies edged higher on Monday as the dollar lost some of its shine, as weak U.S. wage growth tempered expectations for a spate of interest rate increases.

The moves in Asian currencies were cautious, however, ahead of a U.S. Federal Reserve meeting on Mar...

Asian currencies gain some respite, focus on pace of Fed rate rises

SINGAPORE (March 14): The Indian rupee hit an 11-month high and outperformed other Asian currencies on Tuesday, after Prime Minister Narendra Modi's landslide victory in a key battle ground state bolstered hopes for more reforms.

The victory by Modi's ruling Bharatiya Janata Party in In...

Rupee gains after ruling party election win; Most Asia FX steady

(March 15): Asian currencies were largely flat on Wednesday, as investors  nervously awaited an expected U.S. interest rate hike later in the day and hoped for more clues on the pace of future tightening.

Beside the expected announcement of a quarter-point rate rise (1800 GMT), the...

Asian currencies cautious ahead of Federal Reserve data

The government will continue to monitor the impact on inflation in the country following the announcement of a more than 13% increase in civil servants' salaries this December.

Anwar: Putrajaya will keep eye on inflation rate following civil service pay hike

US private payrolls increased more than expected in April, suggesting that the labor market maintained its momentum early in the second quarter.

US private payrolls beat expectations in April 

Yum Brands reported a fall in quarterly global same-store sales on Wednesday, hurt by choppy demand for its KFC and Pizza Hut brands from inflation-weary consumers in the United States as well as in overseas markets.

KFC parent Yum reports surprise drop in global same-store sales on weak demand

Shell has exited China's power markets as part of CEO Wael Sawan's drive to focus on more profitable operations including its natural gas and oil businesses.

Shell exits China power market businesses

The retail price of RON97 petrol remains unchanged at RM3.47 per litre, with RON95 also unchanged at RM2.05 per litre, from May 2 to May 8, according to the Ministry of Finance on Wednesday.

Fuel prices unchanged till May 8

The dollar edged towards its highest level this year against a basket of peers and US share futures dipped on Wednesday ahead of a Federal Reserve policy decision, though trading was thin with many European and Asian markets closed.

Dollar near five-month highs ahead of Fed policy decision

Bitcoin slid by almost 6% on Wednesday, having posted its worst monthly performance in April since late 2022, as investors pulled money out of cryptocurrencies ahead of an interest rate decision by the Federal Reserve later.

Crypto washout sends bitcoin below US$58,000 into bear market

Prime Minister Datuk Seri Anwar Ibrahim has emphasised that any party associating him and the government with a purported casino project in Forest City must face legal action.

Those who spread lies on Forest City casino project ought to be jailed, says PM

Details regarding the salary increase for civil servants will be announced during the tabling of Budget 2025 in October this year.

Details of civil servants’ wage hike to be announced in Budget 2025, says Fahmi 

China's Huawei Technologies has moved the high-profile chief of its consumer business, Yu Chengdong, to a new role as chair of the unit, two people with knowledge of the matter said.

Huawei's high-profile consumer CEO Richard Yu shifts role

Yum Brands reported a fall in quarterly global same-store sales on Wednesday, hurt by choppy demand for its KFC and Pizza Hut brands from inflation-weary consumers in the United States as well as in overseas markets.

Shell has exited China's power markets as part of CEO Wael Sawan's drive to focus on more profitable operations including its natural gas and oil businesses.

The government will continue to monitor the impact on inflation in the country following the announcement of a more than 13% increase in civil servants' salaries this December.

US private payrolls increased more than expected in April, suggesting that the labor market maintained its momentum early in the second quarter.

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