KUALA LUMPUR, Nov 9 — The ringgit is likely to continue trading in a cautious mode next week, driven by the mixed economic outlook on the domestic and global markets, as well as the US-China trade deal uncertainty. FXTM market analyst Han Tan said developments surrounding US-China trade talks...
The ringgit ended the week sharply higher against the greenback at 4.1310/1360 against the previous week’s 4.1640/1670. — Reuters pic
“Although much of the optimism has already been baked into the markets, an official signing could still trigger more upside for Asian currencies,” he said. “The narrative surrounding Malaysia’s economic resilience is expected to be strengthened by Malaysia’s September industrial production announcement, considering that this economic indicator has posted on-year growth for every month since February 2013,” he added.
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
China says have agreed with US to cancel tariffs in different phases | Malay MailBEIJING, Nov 7 — China and the United States have agreed in the past two weeks to cancel tariffs imposed during their months-long trade war in different phases, the Chinese commerce ministry said today. China and the United States must simultaneously cancel some tariffs on each other’s goods...
Read more »
Jackie Chan’s trip to Vietnam cancelled over China sea row | Malay MailHANOI, Nov 8 — Martial-arts film star Jackie Chan’s planned visit to Vietnam for a charity has been cancelled following an online backlash related to Beijing’s expansive claims in the disputed South China Sea. The Hong Kong-born actor was set to visit Hanoi on November 10 to support Operation...
Read more »
China calls Hong Kong protesters ‘mobsters’ after stabbing | Malay MailBEIJING, Nov 8 — China has slammed radical protesters in Hong Kong as “mobsters” using violence to influence upcoming local elections, after a pro-Beijing lawmaker was injured in a stabbing. The international finance hub has been shaken by five months of huge and increasingly violent protests...
Read more »
China advises Vietnam not to 'complicate' South China Sea disputeForeign ministry spokesman says core issue is Hanoi, other claimants 'invading, occupying' Chinese islands. FMTNews China Vietnam
Read more »
US-China fentanyl case just 'tip of the iceberg'Jailing of 9 for trafficking and selling fentanyl not enough to stop drug from pouring into US. FMTNews Iceberg
Read more »
US identifies likely culprit of vaping illness outbreak | Malay MailNEW YORK, Nov 9 — US health officials said yesterday they had identified vitamin E acetate as the likely culprit behind a vaping-linked lung injury epidemic that has killed 39 people and sickened thousands. Investigators have previously pointed to the oil, which is sometimes used as a thickening...
Read more »