Global Economy
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Ringgit Shows Mixed Performance Amid Global Reaction to US Fed Rate Hike
While the ringgit retreated against the strengthening US dollar, the local currency found support against the euro, yen, and pound.
Ringgit shows resilience despite global oil price and interest rate pressures
The Malaysian currency maintained a steady position against the US dollar as investors weighed fluctuating global energy costs and looming American monetary policy shifts.
Ringgit Stagnates as West Asia Tensions Keep Oil Prices Volatile
The local note holds steady against the greenback as global market uncertainty continues to dampen investor sentiment.
Ringgit Retreats Amid Global Economic Anxiety and US Policy Uncertainty
The local currency weakened as investors braced for geopolitical risks and high-stakes signals from the upcoming Jackson Hole symposium.
Canada Faces Inflation Spike and Looming US Tariff Crisis
Rising gasoline costs have pushed Canada’s annual inflation to 3% as the nation braces for potential 50% US trade tariffs.
Brent Crude Surges as US-Iran Standoff Over Strait of Hormuz Deepens
Oil prices climbed to US$88 per barrel as diplomatic negotiations between Washington and Tehran stall, pressuring global equity markets.
Malaysia Awaits US Decision Following Forced-Labour Tariff Discussions
Minister Johari Ghani confirms that talks with Washington regarding trade tariffs and industrial capacity are now complete.
South Korea July Exports Exceed Projections Amid Strong AI Investment Demand
Increased global appetite for artificial intelligence technology has driven a surprise uptick in South Korean export performance.
Taiwan Economy Surges 12.9% Driven by Global AI Hardware Demand
Taiwan's second-quarter economic expansion has outperformed expectations as the island continues to anchor the global artificial intelligence supply chain.
Ferrari Increases 2026 Financial Forecast Amid Rising Demand for Custom Vehicles
The luxury automaker has revised its long-term financial expectations as increasing wealth among tech-sector clients drives a surge in demand for bespoke supercars.
Mideast Conflict Drives Global Electric Vehicle Sales to Record Heights
The International Energy Agency reports that rising fuel costs have accelerated the adoption of electric vehicles across 50 countries.
