NEW: The U.S.-China Currency Clash – A Battle for Economic Supremacy
Malaysia’s FBM KLCI ended positively, supported by late-session bargain hunting primarily from foreign funds amid improving global sentiment. Wall Street rebounded sharply after President Trump announced he would not impose new tariffs on Europe nor use military force to acquire Greenland, instead revealing a framework for a future deal on the Arctic region.
The US 10-year Treasury yield eased slightly to 4.247%. In Hong Kong, the Hang Seng Index closed higher despite choppy trading triggered by a sharp sell-off in Japanese bonds, with yields hitting record highs before stabilizing on reassuring comments from Japanese officials. Meanwhile, gold surged past USD4,800 per ounce and continued climbing, signalling ongoing capital flight from US-denominated assets. Analysts expect the FBM KLCI to trade within the 1,700-1,715 range today. S: Rakuten
Read More News on Latest Malaysia
Read More News on Business News Malaysia
Read More News on SG Business News
Read More News on World Future TV
Lembaga Tabung Haji has improved its financial position through recovery efforts, enhancing asset quality and…
Schroders Capital's Q3 2026 outlook highlights private markets' resilience and the need for selective, deliberate…
Kinergy initiated with BUY, TP RM0.67, driven by recurring income, engineering services growth, and unpriced…
PETALING JAYA, 22 July 2026 – LOCUS-T, a leading Malaysian digital marketing agency, has been…
German investor sentiment rose sharply in July, boosted by reform optimism, although geopolitical tensions and…
The FBM KLCI eased despite a strong technology rebound as investors shifted focus to Alphabet…
This website uses cookies.