Ringgit strengthens broadly on cautious trade sentiment

KUALA LUMPUR: The ringgit opened marginally higher against the US dollar in early trade on Monday amid cautious sentiment, as traders awaited clarity on a possible extension of the trade truce between the United States (US) and China, said an analyst. At 8 am, the local note stood at 4.2110/2310 versus the greenback, compared with Friday’s...

US-China coronavirus vaccine diplomacy heats up but can donations sway allegiances?

Lau Ka-kuen The United States was largely absent in vaccine diplomacy early this year but entered the arena when President Joe Biden announced in May that the US would distribute 80 million Covid-19 vaccine doses worldwide. Biden did not hide his intention: The US wanted to counter the influence of China and Russia by using the "arsenal...