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Ringgit expected to trend higher; positive effects of China s domestic stimulus, US Fed policy stance

BERNAMA – The ringgit is expected to trend higher this week following the positive effects of China’s latest domestic stimulus and a pivot in the United States (US) Federal Reserve’s (Fed) policy stance, said SPI Asset Management managing partner Stephen Innes. He said the ringgit should rally more on the ‘Great Monetary Pivot of 2024’, […]

Weekly Commentary: Guard Down, Towel Tossed

Weekly Commentary: Guard Down, Towel Tossed
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History shows even the Fed can t really predict what it does with interest rates a year out

For a second day in a row, financial markets continued to absorb what’s being described as the Great Monetary Pivot, in which the world’s perhaps most…

Arizona Sports-Complex Bondholders Are Nearly Wiped Out in Sale

A bankrupt Arizona youth-sports complex was sold in a transaction that will virtually wipe out bondholders, capping a collapse that marks one of the biggest…

Musk Must Testify in SEC Twitter Stock Probe, Judge Signals

A San Francisco federal judge signaled that Elon Musk should testify about his purchase of Twitter Inc. stock ahead of his $44 billion buyout of the company…

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