KUALA LUMPUR, Nov 1 (Bernama) — The ringgit is likely to trade on the downside against the US dollar as the greenback maintains its attractiveness on the global front, dealers said.
They said the rising demand was due to the month-end buying by fund managers seeking to square their books or rebalance portfolios.
“Market players still prefer [...]

MOSCOW, Nov 1 (Reuters) - Russia has placed 170 billion roubles ($6.41 billion) of the National Wealth Fund’s money on deposit at state bank VEB, as part of Moscow’s $200 billion markets and economy rescue plan, data showed on Saturday.
The plan includes allocating 175 billion roubles this year for state purchases of shares and [...]

LONDON, Nov 1 (Reuters) - Oil-rich Gulf states should contribute to a fund to stabilise the financial system and help countries hit by the global economic crisis, British Prime Minister Gordon Brown said on Saturday.
Speaking at the start of a four-day tour of the region, Brown said restoring stability around the world would benefit wealthy [...]