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Ringgit opens marginally lower against US dollar

Ringgit opens marginally lower against US dollar

Kuala Lumpur – The ringgit opened marginally lower against the US dollar today on cautious demand for the local currency and ahead of Bank Negara Malaysia’s (BNM) Monetary Policy Committee meeting this Thursday, said a dealer. At 9.00am, the ringgit stood at 3.9380/9430 against the greenback from last Friday’s close 3.9360/9400. Oanda Corp Head of […]

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Trump to Democrats: No immigration talk until U.S. government reopened

Trump to Democrats: No immigration talk until U.S. government reopened

Washington – President Donald Trump and Republican lawmakers took a tough stance on Saturday after the U.S. Congress failed to fund federal agencies, saying they would not negotiate on immigration until Democrats help end the government shutdown. Funding for federal agencies ran out at midnight with no agreement in Congress, meaning the second year of […]

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US shutdown near certain after failed Senate vote

US shutdown near certain after failed Senate vote

President Donald Trump was faced Friday (Saturday morning Malaysian time) with the prospect of marking the first anniversary of his inauguration at the head of a broke government, after senators failed to pass a stop-gap funding measure. Republicans and Democrats traded blame for the crisis, which came to a head when the Senate failed to […]

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US Supreme Court to take up case on Trump’s latest travel ban

US Supreme Court to take up case on Trump’s latest travel ban

Washington – The US Supreme Court said yesterday it will review President Donald Trump’s latest travel ban affecting citizens from six Muslim majority countries plus North Korea and Venezuela. In what could prove decisive in a legal battle that has roiled the first year of the Trump administration, the high court will rule on whether […]

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Ringgit opens higher against US dollar

Ringgit opens higher against US dollar

Kuala Lumpur – The ringgit rebounded to open higher against the US dollar today on improved demand, said a dealer. At 9.12am, the ringgit stood at 3.9410/9450 against the greenback from yesterday’s close 3.9540/9570. Oanda Corp head of trading for Asia Pacific, Stephen Innes, said the ringgit was not expected to undergo any surprises or […]

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Oil prices drop on uptick in U.S. production

Oil prices drop on uptick in U.S. production

Singapore – Oil prices fell on Friday on a bounce-back in U.S. production, but ongoing declines in crude inventories curbed losses in the market. Brent crude futures were at $68.78 at 0128 GMT, down 53 cents, or 0.8 percent, from their last close. On Monday, they hit their highest since December, 2014 at $70.37 a […]

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I thought I was going to die, says US Olympian of doctor’s abuse

I thought I was going to die, says US Olympian of doctor’s abuse

Chicago –  Olympian gymnast McKayla Maroney yesterday told of the “scars” left by alleged sexual abuse by the former national team doctor Larry Nassar, as a report claimed officials at an American university long knew he was suspected of misconduct. More than 100 victims have accused the ex-USA Gymnastics doctor of sexual assault and dozens […]

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Coach tells ex-US gymnastics doctor Nassar in court to ‘go to hell’

Coach tells ex-US gymnastics doctor Nassar in court to ‘go to hell’

Lansing – A coach who sent dozens of young girls for treatment to USA Gymnastics team doctor Larry Nassar, who pleaded guilty to molesting female athletes, told the disgraced physicians yesterday to “go to hell” for his crimes. Thomas Brennan, a youth gymnastics coach, confronted Nassar in a Michigan courtroom on the second day of […]

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Ringgit opens weaker against US dollar

Ringgit opens weaker against US dollar

Kuala Lumpur – The ringgit depreciated against the US dollar in early trade today on a lack of buying momentum, said a dealer. At 9am, the ringgit stood at 3.9625/9655 against the greenback from yesterday’s close 3.9520/9560. Oanda Corp Head of Trading for Asia Pacific, Stephen Innes, said the ringgit would pause for thought as […]

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Ringgit starts higher against US dollar

Ringgit starts higher against US dollar

Kuala Lumpur – The ringgit strengthened against the US dollar this morning on renewed buying interest. At 9.07am, the ringgit stood at 3.9450/9500 against the greenback from Tuesday’s close 3.9540/9590.  Oanda Corp Head of Trading for Asia Pacific, Stephen Innes, said with the market’s focus shifting to Bank Negara Malaysia’s policy normalisation, it should favour […]

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