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Forex
Bukit Aman cops busts forex scam ring that targeted European victims
KUALA LUMPUR: Police have crippled an international fraud syndicate that offered fraudulent online investments to Europeans. A total of 49…
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Forex
Ringgit ends higher on improving demand
KUALA LUMPUR: The ringgit ended the day higher against the US dollar on improving domestic demand following the recent selloff,…
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Forex
Ringgit marginally weaker as US$ firms amid fading rate cuts narrative
KUALA LUMPUR: The ringgit opens softer against the US dollar on Friday on rising bets that the United States (US)…
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Forex
Nomura’s Willcox says the yen may surge to 140 per dollar this year
TOKYO: Nomura Holdings Inc expects the yen to strengthen against the dollar later this year, according to the firm’s head…
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Forex
Yen on intervention watch; Asia shares subdued
The yen languished near its weakest in decades on Thursday though the threat of intervention from Japanese authorities kept investors…
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Forex
China confuses yuan traders with surprise changes to fixing
SHANGHAI: Traders seeking to navigate the most crucial part of China’s foreign exchange management are finding visibility getting increasingly cloudy.…
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Forex
Yen hits 34-year low, sparking intervention hints
TOKYO: The yen dropped to its lowest level since 1990 yesterday, into the zone that triggered intervention by Japanese authorities…
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Forex
Ringgit retreats after two days of gains ahead of US inflation data
KUALA LUMPUR: The ringgit retreated to close lower against the US dollar on Wednesday, snapping two consecutive days of gains…
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Forex
Japan makes strongest intervention warning as yen hits 34-year low
TOKYO: Japan’s finance minister issued his strongest warning to date on Wednesday about yen weakness as it fell to a…
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Forex
Ringgit ends higher against US$ ahead of US PCE
KUALA LUMPUR: The ringgit continued its upward momentum to close higher against the US dollar today as traders trimmed their…
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