The ringgit opened higher today against the US dollar buoyed by Moody’s recent downgrade of the US credit rating on concerns over rising debt.

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Gold prices eased on Friday and were on track for their steepest weekly decline in six months, as a stronger dollar and waning trade war concerns dampened its appeal as a safe-haven asset.

Brent crude futures settled down US$1.56, or 2.36%, to US$64.53 a barrel. US West Texas Intermediate crude futures settled down US$1.53, or 2.42%, to US$61.62.

Wall Street share futures slipped with the dollar on Monday and Treasury yields rose as concerns about erratic US economic policies were underlined by Moody's downgrade of the country's credit rating.

Be it cabinets or clothes, cut-throat rivalry from China is disrupting local businesses and livelihoods. Insight surveys the damage and asks what’s next.

SINGAPORE: Japanese rubber futures snapped a 10-day winning streak on Thursday, as market uncertainty surrounding China-US trade relations weighed on sentiment, while seasonal supply prospects also pressured prices.

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