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KUALA LUMPUR: The ringgit ended higher against the US dollar today, buoyed by the US Federal Reserve’s (Fed) latest meeting minutes, which were perceived as less hawkish than anticipated and kept the rate-cutting narrative alive. SPI Asset Management managing director Stephen Innes attributed the US dollar’s easing to the Fed’s Nov 6-7 meeting minutes, with […]
The Hong Kong government is taking steps in the right direction to promote the city as an international gold trading centre, but more needs to be done to catch up with rivals like Singapore and Dubai, according to industry players. “Singapore, for the last 12 years, has been pushing its gold industry by allocating land […]