Sadiq Currimbhoy, global investment strategist at Maybank Kim Eng, explains his "bottom-up" approach to conducting stress tests on emerging markets.» Read More
For this market to truly find a bottom, China needs to do more and the Fed needs to do less, says Ron Insana.
Mirza Baig, head of foreign exchange and interest rates strategy for Asia at BNP Paribas, explains why the Bank Negara Malaysia may have to opt for an interest-rate hike to stem the ringgit's slide.
PK Basu, chief ASEAN economist at Macquarie Securities, is retaining his year-end target of 4.15 for the ringgit on the back of "sound fundamentals" in the Malaysian economy.
Claudio Piron, co-head of Asia FX research at Bank of America Merrill Lynch, says factors such as political risks and depleting foreign-exchange reserves will continue to exert pressure on the ringgit.
Stocks start the week on a nervous footing, with traders looking for signals from both China and the Fed to turn the tide.
From the commodities swoon to China, the markets are flashing warning signs that the Fed needs to heed, says Ron Insana.
By drifting on to Reunion Island, the barnacled remains of a Boeing wing part from the Malaysia Airlines jet have given the upper hand to a French judicial investigation, exposing for the second time this year how civil crash investigations struggle to compete with police-led probes. But in dozens of countries, notably France, they exist in uneasy...
Emir Mavani Abdullah, group president & CEO at Felda Global Ventures (FGVH), discusses how the Malaysia-based global agricultural and agri-commodities company is coping with falling crude palm oil prices and a weaker ringgit.
Adrian Mowat, MD, chief Asian and emerging market equity strategist at JP Morgan, explains why markets have been "overly dramatic" to the sell-off in emerging markets.
China's move to devalue the yuan will impact emerging markets in several ways and investors should beware, says UBS's Jorge Mariscal.
*Will no longer invest in Korea's Posco, Daewoo International. Construction firm IJM Corp Bhd and conglomerate Genting Bhd, both of Malaysia, and steelmaker POSCO and conglomerate Daewoo International Corp of South Korea, were removed from the fund. At the start of 2015, the Norwegian fund owned shares worth 1.49 billion Norwegian crowns in Posco, 67.5 million...
SINGAPORE, Aug 17- Foreign investors in Malaysia's bond markets have stayed put through months of economic and political uncertainty but a sudden spurt in currency volatility appears to be testing that allegiance. They sold some assets in July as the ringgit's losses mounted, cutting holdings to 206.8 billion ringgit, the lowest since August 2012.
Callum Henderson, global head of FX research at Standard Chartered, talks about the drop of the Malaysian ringgit and the depreciation of China's yuan.
Singapore's property shares, already hit by expectations of rising rates, took a beating after China devalued its currency and more pain may be ahead.
*Economy expected to stay resilient- c.bank gov. KUALA LUMPUR, Aug 13- Malaysia's economy grew more strongly than expected in the second quarter, welcome news for embattled Prime Minister Najib Razak, but its battered currency slipped on Thursday in spite of the growth and the central bank ruling out capital controls. Analysts say one reason is reduced...
While the depreciation of the ringgit is usually a tailwind for Malaysia's rubber glove makers, the positive impact will not be permanent, says Top Glove's managing director Lee Kim Meow.
KUALA LUMPUR/ SINGAPORE/ NEW YORK, Aug 7- Malaysian anti-corruption officials investigating state investor 1 MDB for alleged graft visited the local office of Goldman Sachs last month seeking documents relating to the state firm, two people familiar with the visit said. "1 MDB is the subject of investigations, not Goldman Sachs," this source said.
KUALA LUMPUR/ SINGAPORE, Aug 7- Malaysian anti-corruption officials investigating state investor 1 MDB for alleged graft visited the local office of Goldman Sachs last month seeking documents relating to the state firm, two people familiar with the visit said. "1 MDB is the subject of investigations, not Goldman Sachs," this source said. Goldman Sachs is working...
KUALA LUMPUR/ BEIJING, Aug 7- Angry relatives of Chinese passengers aboard a Malaysia Airlines plane missing for more than a year clashed with police in Beijing on Friday as French officials extended the search for debris on remote Indian Ocean island beaches. Investigators on the French-governed island of Reunion have collected a piece of wing that Malaysia...
As many as 100 family members gathered at a Malaysia Airlines outlet in an airport cargo base to question the airline why they are certain that the debris found on the French island of Reunion last week was from MH370.