◉ HEADLINES

US Fed

Ringgit strengthens even more after US Fed’s interest rate comment

US Fed chief said an interest rate hike would be unlikely in the near future

Bursa Malaysia opens higher, tracking Wall Street gains

Decreasing likelihood of interest rate hike by US central bank brought relief to investors

Ringgit opens slightly lower against US dollar after US interest rate remains unchanged

US Fed maintained rate due to a lack of progress towards achieving its 2% inflation target

Bursa Malaysia opens lower, tracking regional peers

US’ decision to maintain its interest rate led to a mixed performance in regional economies

◉ 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

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