◉ HEADLINES

currency exchange

Ringgit eases vs greenback, investors shift to safe-haven assets

Factors involved are expected rally in bond prices, upcoming US labour market data and and ongoing conflict over Iran

Ringgit opens higher on govt’s pragmatic fuel subsidy approach

Malaysia has struck balance between maintaining fiscal discipline and minimising Middle East war’s impact on households, economist says

Ringgit to remain stable at 3.95 level against US dollar next week

Less currency volatility expected next week as investors monitor Iran conflict and US Federal Reserve defers rate change

Ringgit opens on cautious note ahead of Fed rate outcome

Local note opens slightly higher at 4.2300/2400 against USD from yesterday’s close of 4.2320/2365

Ringgit rebounds amid hopes of US-China tariff truce

Local note opened higher at 4.2140/2460 against USD today compared to yesterday’s close of 4.2275/2345

◉ Popular

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

Schools may close if air quality worsens, five areas hit unhealthy levels: DOE

The department said the areas recorded unhealthy API readings, warns of RM1mil fine for open burning offenders

No, Malays could not fly: Scholars call out pseudohistory

UPSI and DBP academics urge discipline in handling history after Prof Solehah’s claims of Malays teaching China ‘flying kung fu’