Straits Times Index
3,176.51 -11.15 (-0.35%) Nikkei
37,068.35 -1,011.35 (-2.66%) Hang Seng
16,224.14 -161.73 (-0.99%) FTSE 100
7,895.85 +18.80 (+0.24%) Bitcoin USD
63,966.64 +2,136.56 (+3.46%) CMC Crypto 200
1,371.97 +59.34 (+4.52%)
USD/MYR (MYR=X)
| Previous close | 4.7810 |
| Open | 4.7850 |
| Bid | 4.7810 |
| Day's range | 4.7770 - 4.7890 |
| 52-week range | 4.4250 - 4.9780 |
| Ask | 4.7860 |
- Yahoo Finance Video
Micron, Marvell, AMD: Bank of America top AI picks
Bank of America analysts have named Marvell (MRVL), Micron (MU), and AMD (AMD) as AI plays that could benefit from the rising tide in the sector. Micron saw its price target raised on the growth potential of HBM or high bandwidth memory products. Yahoo Finance Anchors Josh Lipton and Julie Hyman discuss the latest call from Bank of America and the broader demand for HBM products. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. Editor's note: This article was written by Nicholas Jacobino
BloombergSingapore dollar at all-time high against ringgit on policy gap
Singapore’s dollar surged to an all-time high against the Malaysian ringgit as the latter was weighed down by weaker exports and its widening rate differential with the US.
- Reuters SG
EMERGING MARKETS-Thai baht, Malaysian ringgit lead Asian FX lower on extended dollar strength
* Thai baht, Malaysian ringgit hit 10-month lows * Indonesian rupiah lowest in 8 months * Philippine peso eyes best day in over a week * Dollar firm at 10-month highs By Roushni Nair Sept 27 (Reuters) - Most Asian currencies fell on Wednesday, with Thailand's baht and the Malaysian ringgit losing the most, as strength in the greenback continued to prevail after hawkish Federal Reserve rhetoric led U.S. Treasury yields to scale multi-year highs. The baht, which has already lost more than 1% so far this week, has been pressured by capital outflows largely due to wider rate differentials - the interest rate difference between two countries - and the prospects of a higher import bill if international crude oil prices keep surging to new highs.
