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US Stock Market Live: US futures have extended their losses this morning Indian time, having opened lower. Futures on the Dow Jones are now down 300 points, while those on the S&P 500 and Nasdaq are down 35 and 110 points respectively. Thursday's trading session saw the benchmark indices post their seventh negative week in the last nine. Asian markets, whichever are open for trading, have opened mostly lower. Watch this space for all the Live updates.US Stock Market Live: US futures have extended their losses this morning Indian time,...

US Stock Market Live: Stock futures on Wall Street began trading on a negative note on Sunday evening US time, as other global markets also return after a long weekend. Futures on the Dow Jones are down nearly 200 points, while those on the S&P 500 and the Nasdaq are down 25 points and 100 points respectively. Wall Street posted its seventh negative week in the last nine on Thursday. Watch this space for all the Live updates.US Stock Market Live: Stock futures on Wall Street began trading on a...

US Stock Market Live: Stock futures on Wall Street began trading on a negative note on Sunday evening US time, as other global markets also return after a long weekend. Futures on the Dow Jones are down nearly 200 points, while those on the S&P 500 and the Nasdaq are down 25 points and 100 points respectively. Wall Street posted its seventh negative week in the last nine on Thursday. Watch this space for all the Live updates.US Stock Market Live: Stock futures on Wall Street began trading on a...

By Danni Haizal Danial Donald KUALA LUMPUR, April 19 (Bernama) -- The ringgit is expected to trade flat next week, potentially trading at around RM4.41 to RM4.42, said Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid. He said that United States (US) President Donald Trump indicated a reluctance to keep raising the tariff against China as it might impact the trade between the two nations. Additionally, He said several US Federal Reserve officials, including Christopher Waller and Austan Goolsbee, are scheduled to share their thoughts on the current state of the...

India’s forex reserves rose by $1.5 billion to $677.8 billion for the week ended April 11. This marked the sixth consecutive weekly increase, reflecting that India’s economy remains robust despite turbulent timesread moreOn Friday, the Reserve Bank of India (RBI) said that the country’s forex reserves increased by $1.5 billion to $677.8 billion for the week ended April 11.This is the sixth consecutive week the Indian forex has seen a jump. The overall reserves jumped by $10.8 billion to $676.2 billion in the previous reporting week ended April 4.It is...

Rupee sustained its upward momentum for the third consecutive session, closing 12 paise higher at 85.68 (provisional) against the US dollar on Wednesday. The rally was supported by renewed foreign fund inflows and a weaker greenback. Forex traders attributed the rupee’s strength to upbeat domestic macroeconomic data and a 90-day pause on US reciprocal tariffs, which triggered broad-based buying in equities. Additionally, easing crude oil prices in the international market lent further support to the local unit. Also Read:Currency Market News: Rupee gains 26 paise to reach 85.54 vs dollar...

The dollar drifted lower on Monday after an early bump off a three-year low, as investor confidence in the world’s reserve currency remained in question following a stream of tariff-related pronouncements from US President Donald Trump.Investors braced for another volatile week as Trump’s imposition and then abrupt postponement of tariffs on goods imported to the US continued to sow confusion.The dollar reversed early gains as the Asian trading session got under way, languishing near a 10-year low against the Swiss franc at 0.8188.Sterling held to most of its 1.7 per...

By Siti Noor Afera Abu KUALA LUMPUR, April 11 (Bernama) -- The ringgit ended the week firmer against the US dollar, supported by weaker sentiment towards the greenback amid escalating US-China trade tensions. At 6 pm, the local currency rose to 4.4200/4265 against the US dollar, up from Thursday’s close of 4.4670/4730. Year to date, the ringgit has strengthened by 1.09 per cent. Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid said the ringgit’s appreciation aligned with the decline in the US Dollar Index (DXY),...

Rupee extended its losing streak for the fourth straight session on Wednesday, closing 45 paise lower at 86.71 (provisional) against the US dollar, amid heightened global tariff tensions. This decline came despite the Reserve Bank of India’s decision to reduce the key interest rate by 25 basis points to stimulate growth. Forex traders noted that, although global crude oil prices fell sharply and the US dollar weakened, the Indian currency remained under pressure due to persistent foreign fund outflows and muted sentiment in domestic equity markets. At the interbank foreign...

By Nurunnasihah Ahmad Rashid KUALA LUMPUR, April 8 (Bernama) -- The ringgit opened lower against the US dollar on Tuesday as investors stayed on the sidelines amid concerns over reciprocal tariff rates set to take effect on April 9, prompting a more cautious tone in the market. At 8.05 am, the local note slipped to 4.4900/5100 against the greenback from Monday’s close of 4.4775/4840. Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid said the US Dollar Index (DXY) had risen steadily to 103.26, reflecting stronger demand...