◉ HEADLINES

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

Petronas staff to be shown the door to make up losses from Petros deal?

Source claims national O&G firm is expected to see 30% revenue loss once agreed formula for natural gas distribution in Sarawak is implemented

Influencer who recited Quran at Batu Caves accused of sexual misconduct in Netherlands

Abdellatif Ouisa has targeted recently converted, underage Muslim women, alleges Dutch publication

Cleared for layoffs? AirAsia to retrench 20% of workforce in major cost-cutting move

This allegedly involves cabin services, cargo and logistics, engineering and maintenance, as well as the commercial division, according to Scoop’s source