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- Dubai gold steadies near Dh492 while global traders rethink Fed outlook
- Zain's World opens its doors in KLand for third consecutive year
- Oman's total electricity production rises by 8.4%
- Oman's economy expected to grow 3.7% in 2026
- Total investment in Oman's economic and free zones reaches RO22bn
- Oil rises as Russian port suspends exports after Ukrainian attack
- GWC celebrates World Quality Week, showcasing its achievements
- AlRayan Bank unveils upgraded 'Al-Qimma' Visa Infinite Privilege Credit Card
- Inside Dubai's skyrocketing 'Mall Economy' and what's fuelling it
- Investcorp Capital buys US group Kanawha Scales & Systems
30/04/2011 00:00 AST
The ringgit, which has remained firm at 2.96 per US dollar, is likely to extend its present uptrend next week.
A dealer said the ringgit was able to stay above the 3.00 mark due to continuous weakening of the US dollar and high commodity prices fueling speculation that policy makers in Asia would step up tightening efforts.
"With the speculation that Asian central banks will raise interest rates and US dollar remaining weak, ringgit will stay firm depending on Bank Negara Malaysia's stance," he said.
Such expectations would attract foreign funds seeking higher returns from the widening interest rate differentials between Malaysia and developed nations, especially the US which has keep rates low for an extended period.
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Business Times
| Ticker | Price | Volume |
|---|
| Index | Closing | Change |
|---|---|---|
| NIKKEI 225 | 36,581.76 | -251.51 (-0.68 |
| DAX | 18,699.40 | 181.01 (0.97 |
| S&P 500 | 5,626.02 | 30.26 (0.54 |
14/11/2025
Iraqi Prime Minister Mohammed Shia al-Sudani said on Saturday that foreign investments in his country in the past two years have reached $100 billion in various fields.
He told a business ev
Asharq Al Awsat
14/11/2025
The International Monetary Fund is seeing signs of strain in the US economy with fourth-quarter growth likely decelerating from previous forecasts, but a lack of data due to the government shutdown h
Asharq Al Awsat
13/11/2025
Toyota Motor Corporation has begun production at its $13.9bn North Carolina battery plant as it ramps up hybrid production and confirms plans to invest $10bn over five years in United States manufact
Aljazeera.com
13/11/2025
United States President Donald Trump has signed a federal government spending bill less than two hours after the House of Representatives passed it, bringing an end to the longest government shutdown
Aljazeera.com
13/11/2025
Germany is using a massive fund for the wrong purposes and it risks providing just a minor boost to the struggling economy, experts warned Wednesday, as they cut their 2026 growth forecast.
AFP
Financial Information Co.
Saudi Arabia