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Dollar holds near 3-month peak ahead of US data releases
Federal Reserve Chair Jerome Powell signalled that last week’s 25 basis points cut may be the central bank’s last reduction…
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Nvidia chief warns US underestimated China’s tech advancements
Nvidia CEO Jensen Huang noted that US policy previously forced their exit from China, with current Chinese regulations blocking re-entry.…
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Malaysia’s solar energy ambitions to get a boost
Amerivexx Sdn Bhd co-founder DK Yeo (left) and Anhui Huasun Energy’s vice-president of international business Jacky Chan signed an agreement…
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Most Asian markets rise on lingering trader optimism
Markets in Hong Kong, Singapore, Wellington and Taipei gained, while Seoul surged over 1% on better China ties. (EPA Images…
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Asian stocks rise on AI sentiment, dollar near 3-month high
Traders lowered the December rate cut probability to 68% after the Fed’s anticipated 25-basis-point cut, leaving the dollar firmer. (EPA…
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Gold drops back below US$4,000 after China ends tax incentive
Gold prices remained more than 50% higher year-to-date despite the pullback, underpinned by central-bank and haven demand. (Freepik pic) SINGAPORE:…
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Bursa opens higher, tracking positive Wall Street cue
KUALA LUMPUR: Bursa Malaysia opened higher on Monday, tracking Wall Street’s positive performance last week. At 9.10am, the FTSE Bursa…
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Trump says Nvidia’s Blackwell AI chip not for ‘other people’
Questions have swirled since August over Donald Trump potentially allowing China access to a scaled-down version of Nvidia’s next-gen GPU.…
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Ringgit nears one-year high ahead of OPR decision
KUALA LUMPUR: The ringgit opened higher against the US dollar on the first trading day of November, nearing its one-year…
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US could hike tariffs if China backtracks on rare earths, says Bessent
US treasury secretary Scott Bessent said China dominates the rare earth market but has shown itself to be an unreliable…
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