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Economy

Ringgit recovers to close stronger versus the US currency

KUALA LUMPUR: According to an analyst, the ringgit recovered to close the day higher against the US dollar as the US dollar declined ahead of this week's US inflation report, which would provide clues about the prospects for interest rates…

Yellen worries that Israel would shut off Palestinian banks

STRESA: The threat made by Israel to cut off Palestinian banks from their Israeli correspondent banks, which would cut off a vital lifeline for the Palestinian economy, alarmed US Treasury Secretary Janet Yellen yesterday. The US and its…