Indonesia Tightens FX Purchase Rules After Rupiah Hits Record Low
Jakarta, 6 May 2026 – Indonesia is tightening rules on foreign currency purchases after the rupiah fell to a fresh record low against the US dollar, highlighting renewed…
Author: Chee Liang CFA
Chee Liang CFA specializes in financial advice and global economic trends, delivering clear insights to help readers navigate markets, investments, and the shifting dynamics of the world economy.
Gold Steadies as Fragile Gulf Ceasefire Holds After Market Flare-Up
Singapore, 6 May 2026 – Gold steadied after sharp recent volatility as investors assessed whether a fragile ceasefire in the Gulf can hold long enough to ease immediate…
Coinbase to Cut 14% of Workforce as Crypto Exchange Pivots Towards AI-Led Efficiency
San Francisco, 5 May 2026 – Coinbase Global is cutting about 14% of its workforce, or roughly 700 employees, as the cryptocurrency exchange moves to reduce costs, simplify…
Indonesia Intervenes as Rupiah Slides to New Record Low Against US Dollar
Jakarta, 5 May 2026 – Indonesia’s central bank intervened in the foreign-exchange market after the rupiah weakened to a fresh record low against the US dollar, as rising…
HSBC First-Quarter Profit Misses Estimates as Credit Charges and Costs Weigh
Hong Kong, 5 May 2026 – HSBC Holdings reported a broadly flat first-quarter performance that missed market expectations, as higher credit impairment charges, rising operating expenses and one-off…
Ringgit Steady Against US Dollar Ahead of Bank Negara Malaysia Policy Decision
Kuala Lumpur, 5 May 2026 – The ringgit opened almost unchanged against the US dollar on Tuesday as investors adopted a cautious stance ahead of Bank Negara Malaysia’s…
Gold Holds Losses as Fragile US-Iran Ceasefire Fuels Inflation Concerns
Singapore, 5 May 2026 – Gold prices held losses as renewed tensions between the United States and Iran weakened confidence in a fragile ceasefire, while a stronger US…
Bitcoin Tops US$80,000 as Asian Stocks Rise and Crypto Sentiment Improves
Singapore, 4 May 2026 – Bitcoin climbed above US$80,000 for the first time in more than three months on Monday, as stronger Asian equity markets, improving risk appetite…
Malaysia’s Banking Sector Faces More Complex Cybersecurity Risks as Digital Finance Expands
Kuala Lumpur, 4 May 2026 – Malaysia’s banking sector is facing a more complex cybersecurity landscape as rapid digitalisation, wider online banking adoption and the growth of digital…
Ringgit Opens Higher Ahead of BNM’s OPR Decision as Dollar Sentiment Softens
Kuala Lumpur, 4 May 2026 – The ringgit opened higher against the US dollar on Monday as investors turned their attention to Bank Negara Malaysia’s upcoming Overnight Policy…