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Turkey

Russian Foreign Minister Sergei Lavrov said on Monday that the formation of a zone controlled by US-backed fighters could lead to the partition of Syria. The US has confirmed it is helping Syrian Kurdish fighters set up ...

Is Donald Trump ‘playing with fire’ by backing Kurds in Syria

US support for Kurds in Syria is leading to threats of retaliation from Turkey. A coalition of countries led by the US is planning a thirty thousand-strong force in Syria, just across the border with Turkey. Turkey's Pre...

Indonesia

Students on a tour of Indonesia’s Stock Exchange had a remarkable escape from serious injury when a walkway suddenly collapsed. At least 75 people were taken to hospital in Jakarta, but police say none of the injuries ar...

Trading volume nears one billion shares in early Monday trade

KUALA LUMPUR: Trading volume on Bursa Malaysia neared the one billion shares early Monday, with heavy trade seen in penny oil and gas stocks. At 9.30am, the KLCI was up 2.38 points or 0.13% to 1,825.05. Turnover was 924...

Ringgit to weaken slightly in second quarter after elections?

THE ringgit, which hit a level not seen since July 2016, is expected to trade on a stronger note but may retrace slightly to above 4.00 to the US dollar in the second quarter. “Overall, the ringgit is expected to apprec...

Oil dips away from 2014 highs on rising US rig count

SINGAPORE: Oil prices dipped on Monday as rising drilling activity in the United States pointed to higher future output, although output cuts led by OPEC and Russia as well as healthy demand kept crude near December 2014...

Ringgit within reach of 3.95 to US$

KUALA LUMPUR: The ringgit which has breached the critical 3.98 barrier to the US level is well within reach of the 3.95 level within the short term. OANDA Corp head of trading Asia Pacific, Stephen Innes said on Monday ...

Ringgit strengthens further against US dollar

KUALA LUMPUR: The ringgit continued its strong upward momentum to end higher against the US dollar, supported by better-than-expected manufacturing data and strong crude oil prices amid a softer US dollar. At 6pm yester...

As oil hits US$70, warning lights flash up in Asia

SINGAPORE: Oil prices have risen above $70 per barrel for the first time since 2014 as investors bet supply cuts led by OPEC will dominate the market this year. But some traders are sounding a warning - the world’s bigg...

Ringgit hits 3.96 against USD at noon

KUALA LUMPUR: The ringgit breached 3.96 against the US dollar at noon and prospects are bright for the currency to test the 3.95 level, any time soon, supported by the country's bright prospects with the release of bette...

UZMA BHD By PublicInvest Research Outperform Target Price: RM2.07  Uzma Bhd has secured three new umbrella contracts from Petronas Carigali Sdn Bhd, which are undoubtedly positive developments for the group despite...

Big tenants for Exchange 106

About half of 106-storey building’s floor space taken up KUALA LUMPUR: The Exchange 106 has signed up some large institutions to be its tenants as it populates the floors of the country’s tallest tower, which will be co...

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