Malaysia’s total trade down 1.6 pct to RM232.7 bln in March
KUALA LUMPUR: Malaysia’s total trade for March 2023 amounted to RM232.7 billion, 1.6 per cent lower year-on-year, said the Department of Statistics (DOSM) today. Exports eased 1.4 per cent year-on-year to RM129.7 billion while imports fell 1.8 per cent year-on-year to RM103 billion, DOSM said in a statement. Chief statistician Datuk Seri Mohd Uzir Mahidin […]
US interest rate to continue influencing ringgit’s movement next week
KUALA LUMPUR: The United State’s (US) interest rate will influence the ringgit’s movement next week, said Bank Muamalat Malaysia Bhd chief economist Mohd Afzanizam Abdul Rashid. He added the US interest rate would continue to be the focus in the market and dominate foreign exchange markets. “As such, ringgit is seen to be shifting around […]
Russia, Ukraine exchanged 200 prisoners of war under Turkiye’s initiative
NEW YORK/ANKARA: Russia and Ukraine exchanged 200 prisoners of war Wednesday as a result of Turkiye’s mediation and diplomatic traffic conducted with the leaders of the two countries, Turkish President Recep Tayyip Erdogan announced. Erdogan told reporters in New York City that the prisoner exchange under Turkiye’s mediation was an important step toward ending the […]
Canada authorises first exchange-traded bitcoin fund
OTTAWA: Canada’s main securities regulator has cleared the launch of the world’s first exchange-traded bitcoin fund, the investment manager and the regulator said Friday, giving retail investors greater access to the booming cryptocurrency. The Ontario Securities Commission gave Purpose Investments Inc. the nod to roll out the Purpose Bitcoin ETF (exchange-traded fund) on the Toronto […]
