A Malaysia Ringgit note is seen in this illustration photo June 1, 2017. — Reuters pic
SPI Asset Management head of trading and market strategy Stephen Innes said the February IPI data accounted for the weaker ringgit, as it could trigger more equity outflows from crucial mining and energy sector stocks. “When combined with a possible overtly dovish shift from the BNM, the IPI data is sending negative signals to the currency traders,” he told Bernama via email today.
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Ringgit opens lower vs US dollar | Malay MailKUALA LUMPUR, April 10 — The ringgit was lower against the US dollar in early trade today on the back of lower oil prices, said a dealer. At 9.23am, the local unit was traded at 4.0970/1020 against the greenback from Tuesday’s close of 4.0920/0960. SPI Asset Management head of trading and...
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G3 Global, SenseTime Group to invest US$1b in Malaysia's first AI park | Malay MailKUALA LUMPUR, April 10 — G3 Global Bhd and China’s SenseTime Group Ltd are looking to set up Malaysia’s first artificial intelligence (AI) park, in collaboration with China Harbour Engineering Company Ltd (CHEC), with a total investment of more than US$1 billion (RM4.1 billion) over the next...
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