KUALA LUMPUR, Dec 13 — The ringgit closed lower against the US dollar for the fifth consecutive day on Friday amid mounting cautious sentiment ahead of the Federal Open Market Committee’s (FOMC) meeting from December 17 to December18.

SYDNEY, May 28 — Asian shares held a mixed tone today after rallying the previous session, as rising bets of an imminent European rate cut helped risk appetite ahead of some key inflation data.