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Ringgit rises on softer dollar, lower US yields

The ringgit rose against the US dollar in early trade on Wednesday, bolstered by a weaker US dollar index (DXY) and a drop in US Treasury yields, signalling persistent risk-off sentiment. At 8am, the local note strengthened to 4.2120/2300 versus…

Trump’s trade war salvo jolts markets

Investors bought dollars, sold stocks and fretted about inflation on Monday in a scramble to assess the risk of trade war after Donald Trump put tariffs on top US trading partners. Trump’s orders for additional levies of 25 per cent…

Affin Bank expects 5.2pct GDP growth in 2025

Affin Bank Bhd expects Malaysia’s economy to grow further by 5.2 per cent this year compared to its 5.0 per cent estimate in 2024. The bank said the projection is in line with the Finance Ministry’s (MoF) forecast of between…

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