MUMBAI (Oct 6): The Indian rupee declined to its weakest level in more than two months on Tuesday under ​pressure from persistent foreign selling of local assets, drawing likely ‌central bank intervention as the South Asian unit nears a record low.

The rupee declined 0.15% to 96.43 per ...

Rupee slips to over 2-month low on portfolio outflows

MUMBAI (Sept 28): The Indian rupee faces new headwinds at Monday's open with stalled US-Iran talks pushing oil prices higher, while central bank intervention ​is likely to cushion the currency's decline.

The rupee is expected to ‌open slightly weaker, having settled at 95.8125 to t...

Rupee pressured by Iran talks impasse; RBI intervention a 'reliable' buffer

The yen was under pressure from a firm dollar on Tuesday as ​traders wagered on policymakers in Japan struggling to keep up with a hawkish turn ‌by global central banks, leaving the country's interest rates at a wide gap with major peers.

Yen squeezed as hawkish turn grips central banks

The Indian rupee is expected to trade in a narrow range this week. Strong importer hedging and elevated oil prices amid Middle East conflict may cap gains.

Indian rupee eyes portfolio flows, oil prices; bonds face liquidity drain

Currency markets focused on the yen on Monday following a sharp drop last week that spurred speculation ​of a rate check from Tokyo, while investors pondered interest-rate outlooks after a wave of hikes from major central banks last ‌week.

Volatile yen draws intervention watch, other currencies subdued

The yen sank to a two-week ​low against the dollar on Friday after two policy makers at the Bank of Japan dissented from a ‌widely expected decision to raise interest rates, raising doubt among traders about the likelihood of further hikes.

Yen slumps to two-week low after BOJ rate hike underwhelms

The Indian rupee is expected to be under pressure on Thursday and could weaken past the 96-per-dollar handle after the US ​Federal Reserve raised interest rates and signalled that further tightening is ‌in the pipeline.

Hawkish Fed adds to rupee's troubles, traders watch 96/USD hurdle

The Reserve ​Bank of ‌India likely stepped into ​the ​currency market on ⁠Wednesday, with ​the rupee ​coming under pressure from rising ​oil ​prices and dollar outflows, ‌traders ⁠said.

India central bank likely steps in to stem rupee's oil, outflow-driven fall, traders say

The rupee is poised to open weaker on Tuesday, with rising oil prices and US bond yields adding to pressure ​on the currency from the central bank bringing forward the ‌deadline for its swap facility for deposits raised from non-resident Indians.

Rising oil, US yields add to rupee pressure after RBI move

(Aug 12): Treasury Secretary Scott Bessent's suggestion of a no-limits approach toward helping Japan rescue the yen risks getting called out by market participants flagging his limited firepower to do the job.

Japan's currency slid as much as 1% Monday, erasing half the gains triggered ...

Bessent’s whatever-it-takes yen pledge masks limited firepower

The yen hovered close to 160 ​per dollar on Tuesday as the impact of US-Japan intervention continued to fade while the Australian ‌dollar held near an eight-week high after the central bank left interest rates unchanged, as expected.

Yen intervention impact fades while Aussie dollar holds steady after interest rates held

Japanese executives are increasingly warning that currency swings and a persistently weak yen pose risks ‌to the economy, highlighting concerns that triggered last week's joint Japan-US intervention to support the currency.

Japan's executives call for FX stability as weak yen intensify import-cost pressure

SINGAPORE (Aug 3): A rare joint US-Japan intervention has raised the stakes on traders betting against the yen, but analysts are doubtful speculators will be kept at bay without tighter monetary policy.

The ultimate test will be whether ​the Bank of Japan (BOJ) follows through with fast...

Japan's fight with yen bears goes on after joint rescue

TOKYO (July 16): Nearly half of Japanese firms are experiencing negative business impact from the Bank of Japan's (BOJ) interest rate hikes, with higher ​borrowing costs hurting bottom lines and discouraging capital investment, a Reuters survey showed on Thursday.

Nearly half of Japanese firms hurt by BOJ interest rate hikes

KUALA LUMPUR (Oct 8): Lim Seong Hai Capital Bhd (KL:LSH) is planning to develop a new public square near KL Tower to improve access and attract more tourists, while also hoping to introduce a cable car connecting the landmark with other attractions in Kuala Lumpur.

Lim Seong Hai Capital proposes KL Tower Square, cable car linking key attractions

"It could only happen to City” was once the default response to any mishap befalling Manchester City. Back then, as a lovable calamity club, a 3-0 lead with 10 minutes left still had fans biting their fingernails. In those days, self-deprecatory humour was an essential survival tool, and the resp...

Business Of Sports: It had to happen, City — for the sake of football

As the ending of Western hegemony over the world becomes more undeniable, and the civilisational and ethical complexity of mankind shows itself to have survived, the question on most minds is, “What will take its place?”

Instead of simply identifying which new players will take what pos...

Picking On The Present: Broadening mankind’s self-image to build a multilateralist world

PT Garuda Indonesia is planning to raise more debt and has negotiated longer payment terms with main fuel supplier PT Pertamina, the airline said in an earnings call, as soaring oil and maintenance costs extended losses to a sixth straight quarter.

Garuda Indonesia seeks more debt as rising costs, fuel bite

BENGALURU (Oct 7): Shell and Chevron said on Wednesday that they were curtailing offshore operations in the Gulf of Mexico as Tropical Storm Isaias approached the region.

Shell, Chevron cut Gulf of Mexico output as Tropical Storm Isaias approaches

(Oct 8): Australian data centre company Firmus Grid Ltd closed the books on its struggling initial public offering (IPO) as investors grew increasingly concerned that the deal could be pulled, according to people familiar with the information.

Nvidia-backed Firmus said to close books as IPO struggles — Bloomberg

Singapore bank shares extended declines for a second day after JPMorgan Chase & Co warned that surging long bond yields will hurt third-quarter earnings for Southeast Asian lenders.

Singapore banks’ hot rally stutters over surging bond yields

Amazon confirmed on Wednesday it had cut what it said were a small number of jobs, primarily in its Stores unit which oversees the main e-commerce website.

Amazon makes fresh job cuts, mainly in retail division

(Oct 8): David Ellison and his family invested approximately US$17 billion to complete Paramount Skydance Corp’s acquisition of Warner Bros Discovery Inc, according to public filings.

Ellisons invest about US$17 bil in Warner Bros takeover

SEOUL (Oct 8): Samsung Electronics on Thursday projected its quarterly profit would top 100 trillion won, a world first for a technology company, estimating a nearly nine-fold jump in third-quarter earnings as booming demand for AI chips drove strong memory sales.

Samsung flags US$80 bil profit on AI boom, highest quarterly for any tech company

Zetrix AI Bhd (KL:ZETRIX) has confirmed that it owes the Road Transport Department (JPJ) RM314 million in unremitted collections between May and September 2026, and said the liability has been recognised as a payable on its balance sheet.

Zetrix AI confirms RM314m JPJ arrears after Bursa demands direct answer

No bidders turned up at an auction for a six-acre land that the Penang state government intends to sell to raise funds for the long-delayed Ayer Itam road bypass project.

Penang state land auction draws a blank, sources say

In recent times, it is not politicians, but bond vigilantes, who hold the most power over the global economy. In 2022, then-newly minted UK Prime Minister Liz Truss presided over a meltdown in the UK government bond market after her government announced sweeping tax cuts without any corresponding spending adjustments.

We have to thank the bond markets for telling the truth: Tharman

Just south of Penang, the historic trading island off Malaysia’s northwest coast, excavators are turning a stretch of blue-green sea into a new, man-made island. Dump trucks crisscross freshly reclaimed sand as orange pipes snake across the emerging land mass, carrying fill pumped from dredgers offshore.

Malaysia builds a new ‘Silicon Island’ to house its AI ambitions

KUALA LUMPUR (Oct 8): Lim Seong Hai Capital Bhd (KL:LSH) opened higher in its first day on the Main Market following the construction firm’s transfer from ACE Market.&nbsp;

Lim Seong Hai Capital opens higher on Main Market following listing transfer

Singapore bank shares extended declines for a second day after JPMorgan Chase &amp; Co warned that surging long bond yields will hurt third-quarter earnings for Southeast Asian lenders.&nbsp;

Analysts see the recent weakness in crude palm oil (CPO) prices as a buying opportunity for plantation stocks ahead of a potential supply tightening in 2027.

Buy plantation stocks on CPO dip, analysts say, ahead of tighter supply next year

SYDNEY (Oct 8): Asian shares slipped on Thursday as strains in sovereign bond markets were aggravated by reports some major tech companies were seeking to raise billions in debt in direct competition for limited funding.

Asia shares subdued, bonds swamped by AI debt wave

NEW YORK (Oct 8): Oil prices rose on Thursday on persistent worries about supply from the key Middle East producing region amid an increase in attacks on shipping in the Gulf and the Strait of Hormuz.

Oil rises as Middle East supply concerns persist amid shipping attacks

SEOUL (Oct 8): Samsung Electronics on Thursday projected its quarterly profit would top 100 trillion won, a world first for a technology company, estimating a nearly nine-fold jump in third-quarter earnings as booming demand for AI chips drove strong memory sales.

Malaysian semiconductor firm SQ Advanced Interconnect Bhd is considering raising about RM300 million in an initial public offering (IPO) in the first quarter of 2027, people familiar with the matter said.&nbsp;

Semicon firm SQ Advanced Interconnect plans RM300 mil IPO in early 2027 — Bloomberg

A record-breaking run in stocks hit a wall as still-elevated oil prices stoked concerns that potential inflationary pressures could trigger Federal Reserve interest-rate hikes.

US stocks fall from all-time highs on inflation worry

Here's a heads up on what to look out for today.

YOUR DAY AHEAD: Oct 8, 2026 

India’s central bank raised interest rates for the first time in nearly four years and signaled further hikes may be on the table as accelerating inflation and a weakening currency drive a policy pivot.&nbsp;

RBI signals further rate hikes as price pressures intensify

KUALA LUMPUR (Oct 8): Limited water supply headroom in Selangor could affect the timing of new data centre investments and temporarily moderate construction awards in 2027, according to BIMB Securities Research.

Selangor water constraints may slow 2027 data centre construction awards — BIMB Securities

KUALA LUMPUR (Oct 8): A total of 38 areas recorded Air Pollutant Index (API) readings at an unhealthy level as of 9am on Thursday.

Haze: 38 areas record unhealthy API as of 9am

PUTRAJAYA (Oct 8): Prime Minister Datuk Seri Anwar Ibrahim held a four-eyed meeting with Myanmar President Min Aung Hlaing at Perdana Putra Complex here on Thursday.

Anwar, Min Aung Hlaing hold four-eyed meeting, delegation talks

SEOUL (Oct 8): The suspect behind recent cyberattacks targeting South Korea's financial sector may be a 26-year-old based in China's Guangdong province who used a Chinese-developed AI agent toolcalled ARTEX and Anthropic's ClaudeCode, US cybersecurity firm CrowdStrike said.

CrowdStrike says China-based suspect used AI tools in South Korean bank hacks

Gold prices edged higher on Thursday as the dollar eased from an 18-month peak, helping bullion recover from a two-month low, while traders weighed the prospect of another US Federal Reserve (Fed) rate hike this year.

Gold prices recover from two-month low as dollar rally stalls

BOSTON/NEW YORK (Oct 7): The US Securities and Exchange Commission (SEC) said on Wednesday that it will not charge top asset managers over their actions with a climate group ahead of ExxonMobil's 2021 shareholder meeting.

Currency Turmoil

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Currency Turmoil

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