22
Ahd, Jul
50 ARTIKEL BARU

MUMBAI - Malaysia's ringgit led Asian currency gains after China strengthened the yuan's fixing by the most in seven sessions as appetite holds up for emerging-market assets.

A measure tracking the US dollar halted a six-day advance overnight, lending support to exchange rates in less-developed nations before Friday's jobs data, which may provide greater insight as to when the Federal Reserve is likely to make its next move to hike interest rates.

With Brent crude up about 48 per cent from January's 12-year low, a gauge of emerging currencies headed for the best quarter in four years and an equivalent stocks index was set for the biggest three-month gain since June 2014.

"The main reasons boosting Asian currencies are the stronger yuan fixing and a weaker dollar,'' said Divya Devesh, the Singapore-based foreign-exchange strategist for Asia at Standard Chartered Plc.

"Commodities might only be helping at the margin.''

South Korea and Taiwan have alone lured more than US$7 billion to shares this month and eyes will be on their biggest trading partner China as it reports manufacturing and services data this week, another key event to assess whether rallies in emerging nations

MALAYSIA'S energy exports are tumbling, its prime minister is battling corruption allegations and corporate profits are weakening. With all that, the Southeast Asian nation is also home to the world’s most resilient bull market for stocks.

Overseas funds are piling in at the fastest pace in Southeast Asia. Kuala Lumpur’s benchmark equity gauge has more than doubled from its 2008 lows without succumbing to a 20 percent drop. Tan Ming Han says he knows its secret: the lowest volatility among the

KUALA LUMPUR - Malaysia Airlines Bhd (MAB) expects to start turning a profit by 2018, said Prime Minister Datuk Seri Najib Tun Razak (pic).

MAB had also managed to achieve an on-time performance rate of 95% for domestic flight take-off and landing, he said.

“Based on the commitment and focus of various strategies identified and executed under the MAS Recovery Plan (PPM), MAB should show an even more improved performance by then,” Najib, also Finance Minister, said in Parliament in reply to a

GEORGE TOWN - The Congress of Unions of Employees in the Public and Civil Services (Cuepacs) wants the DAP-led Penang government to build more affordable houses to be sold at a reasonable price to civil servants in the state.

Its president, Datuk Azih Muda, said a reasonable house price should be the main aspect of consideration for the state government as most civil servants could not afford to purchase a house priced at around RM400,000.

"It is our hope that more affordable houses for civil

KUALA LUMPUR - Malaysia-Japan ties are underlined by the strong bilateral trade between the two countries, said Datuk Seri Dr Wee Ka Siong.

Noting that Japan was Malaysia’s fourth largest trading partner after China, Singapore and the United States, the Minister in the Prime Minister’s Department said that bilateral trade amounted to RM127.4bil last year.

He said this accounted for 8.72% of the country’s total global trade.

“There are about 1,400 Japanese companies operating in Ma­­laysia

KUALA LUMPUR - Economic problems from outside Malaysia will continue to affect the country, said Prime Minister Datuk Seri Najib Tun Razak.

He said there was still confidence in Malaysia’s economy, even with low commodity prices – such as oil – and a slowdown in emerging markets.

“We stand in good stead to deal with them because of the proactive steps we have taken,” he said at the launch of the Offshore Technology Conference Asia here.

Najib noted the difficulties in the global oil and gas

PUTRAJAYA : The Government will strive harder to strengthen women’s positions in all fields while ensuring equal opportunities for all irrespective of gender, race and religion.

Prime Minister Datuk Seri Najib Tun Razak said various steps had already been taken to aid not only women but everyone with ideas, initiative and the drive to succeed.

He cited micro-credit schemes such as Tabung Amanah Ikhtiar, Tekun and SME Corp as some of the programmes by the Government to help those keen on doing

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