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Malaysian currency hardest hit in Asia by Greek crisis and political conerns,...
Tweet PETALING JAYA: The simmering economic crisis in Greece and weakness in China continued to roil financial markets across the region, with the ringgit being the hardest hit among Asian currencies....
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The riddled Ringgit Malasia hits 17-year low against US dollar
Tweet Falling rate: A moneychanger worker showing the ringgit and US dollar notes in Kuala Lumpur recently. The ringgit is still falling versus the greenback. Policy Matters – The riddled ringgit...
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Not wise to sell property or house to shore up ringgit Malaysia
Tweet ON Thursday, at a seminar organised by Malaysia Property Inc, the Employees Provident Fund (EPF) said it would continue to seek “opportunistic” investments abroad.There are various reasons why...
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Chinese yuan extends fall, long-term depreciation unlikely, weakening is not...
Tweet BEIJING, Aug. 12 (Xinhua) — Chinese currency continued to fall on Wednesday after the central bank reformed the exchange rate formation system to better reflect the market. The central parity...
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Property prices will hold as ringgit falls to new low against USD and S$
Tweet PETALING JAYA: The depreciation of the ringgit will not lead to real estate prices crashing. The Malaysian Institute of Estate Agents (MIEA) president Eric Kho said property remained a sound...
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Bitcoin CEO arrest leaves long trail of unanswered questions
Tweet Tokyo (AFP) – The arrest of MtGox boss Mark Karpeles has begun to shed light on the defunct Bitcoin exchange after hundreds of millions of dollars in virtual currency vanished from its digital...
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Modern finance and money being managed like a Ponzi scheme !
THIS global financial crisis is not over, as the volatile start to the New Year showed that 2016 may be a precursor to the 10th anniversary of the 2007 sub-prime crisis, which itself evolved from 1997...
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The alchemy of money
MONEY makes the world go round, so you would have thought that economists understand what money is all about. The former governor of the Bank of England, Lord Mervyn King, has just published a book...
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Fintech – disruptive technology
Businesses are embracing it by coming up with their innovations and startups A BUZZWORD growing in popularity in the financial world today is “fintech”, short for financial technology, which in a...
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How do we get out of the debt trap without printing more money?
Quantitative stopped a debt imploding, but its initial success enabled politicians to avoid structural reforms, The result was slower growth from declining productivity, even as companies and...
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Dealing with the new abnormal negative interest rate policies with...
HOW can this be normal? Twenty-nine countries with roughly 60% of the world’s GDP have monetary policy rates of less than 1% per annum. The world is awash with debt, with sovereign, corporate and...
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Brexit boosts bitcoin price, Is bitcoin a safe haven?
'Brexit' Boosts Bitcoin Price, But Too Early to Call it a Safe Haven Despite the increase in the price of bitcoin amid the UK’s recent EU referendum, a new research note from Needham & Company...
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The global mahjong winner’s curse
There is grave concern that the world economy is slipping into what Harvard professor and former US Treasury Secretary Larry Summers calls the global secular deflation. In simple terms, growth has...
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Bitcoin falls after exchange is hacked, US$72 mil stolen from Bitfinex...
The price of the virtual currency bitcoin fell sharply after Hong Kong-based digital-currency exchange Bitfinex said it was hacked, resulting in the possible theft of about $65 million worth of...
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Bitcoin is not money, judges rules in victory for backers
Bitcoin, a Florida judge says, is not real money. Ironically, that could provide a boost to use of the crypto-currency which has remained in the shadows of the financial system. The July 22 ruling by...
View ArticleDollar bulls face perilous start to second half of 2017
After the worst start to a year for the greenback since 2006, the end of the first half couldn’t come quick enough for the dwindling ranks of dollar bulls. Yet if history is any guide, it could soon...
View ArticleWhen Will the U.S. Dollar Collapse?
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View ArticlePanic In Washington, US currency traders on the frontlines as Trump’s 2-year...
Currency Traders on Front Line as Markets Stay Wary of U.S. Risk The final week of 2018 could prove tumultuous for investors as holiday-thinned trading combines with a growing array of pressures on...
View ArticleFacebook delves into Cryptocurrency, the Libra coin plan
Tweet Cryptocurrency and Facebook logo are seen together in this photo. Photo: IC https://youtu.be/eAPLA4oy7Ks Experts raise concerns over privacy and regulation Facebook unveiled plans Tuesday for a...
View ArticleChina Officially Backs A CryptoCurrency And Establishes It As Their Official...
It’s finally happened. A major worldwide government has just bestowed a huge vote of confidence and legitimacy onto the world of cryptocurrencies. China, in an unprecedented move, just announced that...
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