No change to text.) * Malaysia central bank meeting later in the day * Ringgit at 8-month low * S. Korea won and stocks battered by virus surge * U.S. dollar at near 3-month high after Fed minutes By Anushka Trivedi July 8 (Reuters) - Malaysian shares fell 1% and the ringgit eased after the biggest political party of the country's ruling coalition called for Prime Minister Muhyiddin Yassin to resign at a time when the country remains in a COVID-19 lockdown. The ringgit slipped 0.3% to an eight-month trough, while stocks hit their lowest since November as United Malays National Organisation (UMNO) announced its decision after months of infighting, citing the government's failure to manage the pandemic effectively. It was unclear if Muhyiddin, who holds a slim majority, would be immediately unseated as the parliament is currently not in session and Malaysia has been under lockdown since June amid a fresh surge in coronavirus cases.
ComfortDelGro’s Zig super-app has launched Zig Rewards, the would-be competitor to GrabRewards. How do the two programmes measure up? In March this year, ComfortDelGro launched Zig, an app which lets users hail taxi rides, order food delivery, make restaurant reservations and even book activities and […] The post Zig Rewards vs GrabRewards – Which Offers You Better Rebates? appeared first on SingSaver Blog - We Compare, You Save.
* U.S. inflation data expected later on Thursday, seen +0.4% m/m * Taiwan, Indonesia stocks outperform * Indonesia April retail sales expand for first time in 17 months June 10 (Reuters) - Asia's emerging market currencies crawled higher on Thursday as investors awaited a crucial U.S. inflation report due later in the day that could provide a clearer signal on when the Federal Reserve may begin discussing tapering its monetary stimulus. The Taiwan dollar led gains with a 0.3% climb, while most others were trading roughly flat.