Market News
Ringgit ends higher against US dollar
Apr 15, 2021
The ringgit continued to end stronger against the US dollar today, with buying interest supported by higher crude oil prices, said an analyst.
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Covid-19 impact: Rubber prices under pressure
Apr 15, 2021
Spot rubber continued to remain under pressure on Tuesday. RSS-4 weakened to ₹168 (168.50) per kg, according to traders and the Rubber Board. The grade slid to ₹163 (163.50), according to dealers.
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Most emerging Asian currencies flat, Indian markets hit by virus surge
Apr 15, 2021
Most emerging Asian currencies traded flat on Thursday as investors awaited key economic data from the United States, while Indian stocks and the rupee eased as a massive second wave of coronavirus cases weighed on sentiment.
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Glove maker shares jump on resurgent Covid-19 scare
Apr 15, 2021
Shares of glove makers extended gains for the second day as Covid-19 cases returned to the uptrend coupled with news of isolated vaccine scares.
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The Next Shortage That’s Making the Auto Industry Nervous
Apr 14, 2021
As if U.S. automakers haven’t had enough problems during the pandemic — plant shutdowns, Covid-19 outbreaks, a global semiconductor shortage — supply chain experts are warning of another on the horizon: natural rubber.
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Automakers lacking in rubber to meet road
Apr 14, 2021
Automakers struggling with pandemic-induced plant shutdowns and a global chip shortage are now confronting another headache: Rubber supplies are dwindling.
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Shanghai natural rubber futures close higher
Apr 14, 2021
Natural rubber futures closed higher Wednesday in daytime trading on the Shanghai Futures Exchange.
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US dollar slips to three-week low as inflation fears seen baked in for now
Apr 14, 2021
US dollar slips to three-week low as inflation fears seen baked in for now
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Asean diplomats in US air concerns over race attacks
Apr 13, 2021
The Thai embassy has joined the Asean diplomatic community in Washington in raising concerns over racial attacks on Asians and ethnic Asian Americans in the United States.
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UK variant not linked to more serious infections: The Lancet
Apr 13, 2021
The UK variant of the novel coronavirus does not increase the severity of Covid-19 compared to other strains, according to research published Tuesday that also confirmed its increased transmissibility.
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