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Federal Reserve

Former US federal reserve chair Alan Greenspan dies at 100

Andrea Mitchell says Greenspan died at home due to Parkinson’s complications, as tributes highlight his decades-long influence on the US economy

BNM reserves edge up to US$120.9 bil as of mid-July

Central bank says reserves sufficient to cover 4.8 months of imports and 0.9 times short-term external debt

Ringgit opens slightly lower against greenback ahead of fed rate decision

At 8 am, the local note eased to 4.2900/3020 against the greenback from Monday’s close of 4.2870/2945

Ringgit ends higher after correcting oversold position

The ringgit climbed 145 percentage-in-points to 4.4535/4600 versus the greenback from Wednesday’s close of 4.4680/4725

◉ Popular

79 candidates to fight for 28 seats in Melaka polls

Besides notable incumbents defending their seats such as Melaka CM Datuk Seri Ab Rauf Yusoh and Melaka Pakatan chief Adly Zahari, the Prime Minister’s political secretary Datuk Azman Abidin will contest his maiden election in Paya Rumput

MCA gets four seats in Melaka polls, predicts tough fight in DAP strongholds

Initially given two seats, last-minute negotiations within Barisan Nasional now lands MCA with the staunchly DAP seats of Kota Laksamana and Bandar Hilir

Binance pours US$6.3b to plug 90% of massive cyber heist as regulators circle

Crypto titan Binance has deployed over US$6.3 billion of its own reserves to absorb a colossal cyberattack, pledging full restitution as global securities watchdogs ramp up scrutiny

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