KL shares ease on bearish sentiments
Jul08

KL shares ease on bearish sentiments

KUALA LUMPUR, July 8 — Shares on Bursa Malaysia closed lower today dampened by bearish sentiments amid weaker crude oil prices, dealers said.

At 5pm, the FTSE Bursa Malaysia KLCI finished at 1,695.83, down 16.47 points, after moving between…

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Ringgit ends marginally higher against US dollar
Jul08

Ringgit ends marginally higher against US dollar

KUALA LUMPUR, July 8 — The ringgit ended marginally higher against the US dollar but barely moved throughout the trading session, dealers said.

At 5pm, the ringgit was quoted at 3.8050/8080 from 3.8060/8080 on Tuesday.

A dealer said the…

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Hong Kong stocks plunge on China rout, Greece fears
Jul08

Hong Kong stocks plunge on China rout, Greece fears

HONG KONG, July 8 — Hong Kong equities plunged almost six per cent today to a seven-month low as contagion from a rout in China spread into regional markets while traders are also buffeted by fears for Greece’s future in the eurozone.

It came as…

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Greece PM addresses Europe after ‘final deadline’ issued
Jul08

Greece PM addresses Europe after ‘final deadline’ issued

BRUSSELS, July 8 — Greek Prime Minister Alexis Tsipras will address the European Parliament today after European leaders gave his debt-stricken country a final deadline to reach a new bailout deal and avoid crashing out of the euro.

Greek…

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BNM expected to keep policy interest rate unchanged amid political chaos
Jul08

BNM expected to keep policy interest rate unchanged amid political chaos

KUALA LUMPUR, July 8 ― Bank Negara Malaysia (BNM) is expected to keep its policy interest rate unchanged at a meeting tomorrow, holding a steady course amid market turbulence as corruption allegations swirled around Prime Minister Datuk Seri Najib…

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