Malaysian Ringgit

Malaysian Ringgit Hits Over Seven-Year High Against US Dollar as Investor Confidence and Global Factors Lift Currency

The Malaysian ringgit continued its strong rally on Tuesday (Jan 27), trading at 3.9540 against the US dollar at the lunch break, marking its strongest performance in more than seven years. The level represents a fresh high not seen since...
US dollar

US Dollar Slides to Four-Year Low as Trump Shrugs Off Weakness, Markets Brace for Policy Turbulence

The U.S. dollar extended its sharp sell-off on Tuesday (January 27), sinking to its lowest level in nearly four years against a basket of major currencies after President Donald Trump dismissed concerns about the greenback’s decline, telling reporters he believed...
Oils

Oil Prices Drop Amid Economic Fears and Tariff Uncertainty

Oil prices continued their downward slide for a second consecutive day as fears over economic growth, trade policies, and geopolitical tensions rattled global markets. Brent crude dropped to nearly $69 a barrel, following a 1.5% decline on Monday, while West...
Vladimir Putin, China Xi Jinping, Narendra Modi

Trump’s Tariff Threat in Response to BRICS Currency Initiative: A Justified Move or Economic Overreach?

President Donald Trump has reignited tensions with the BRICS bloc, warning that the United States would impose a 100% tariff on imports from BRICS member states if they continue pursuing plans to create a reserve currency to rival the US...
US Dollar - Chinese Yuan

China’s Yuan Faces Pressure Amid Xi’s Vision for a “Powerful Currency” and Trump’s Return

As Chinese President Xi Jinping strives to position the yuan as a stable and influential currency in global trade, the specter of Donald Trump’s potential return to the U.S. presidency looms large, threatening to derail these ambitions. With global trade...
Asian Stock

Asian Equities Rally Amid Signs of Stabilization in China’s Economy and Dollar Weakness

Asian equities witnessed a notable rally on Friday, buoyed by signs of economic stabilization in China and a retreat in the US dollar. The Hong Kong Hang Seng and Australia’s S&P/ASX 200 advanced on data indicating the highest growth in...
US Dollar - Chinese Yuan

Dollar Bond Spreads for Asia’s Top-Rated Issuers Narrow to Record Lows Amid Chinese Stimulus Push

In a remarkable financial shift, dollar bond spreads for Asia’s high-grade issuers have reached record lows, driven by aggressive monetary and fiscal measures by Chinese policymakers. The gap in yield premiums on Asian bonds has closed to 74.6 basis points...
Election officers prepare to count ballots for the general election at a ballot counting centre in Tokyo, Japan

Yen Sinks to Three-Month Low as Japanese Stocks Surge Amid Political Uncertainty

The Japanese yen dropped to a three-month low on Monday, weakening by as much as 0.8% against the US dollar, as markets reacted to election results showing Japan’s ruling coalition, led by the Liberal Democratic Party (LDP) and its partner...
US Dollar - Chinese Yuan

China’s Ascending Role in Global South: A Strategic Challenge to US Dollar and Global Hegemony

Over the past few decades, China has been steadily asserting itself as a key player in the "Global South," a term that has evolved from the Cold War-era Non-Aligned Movement, representing developing countries striving for autonomy from superpower influence. As...
Russian economy

Russia Looks to Strengthen BRICS Bloc with Alternative Payment System to Counter Western Sanctions

As Russia prepares to host the 16th BRICS Summit in Kazan from October 22 to 24, President Vladimir Putin is pushing an ambitious agenda aimed at reshaping the global financial system. Central to these efforts is a proposal to establish...
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