Five Asean central banks ink MoU to boost regional payment connectivity
KUALA LUMPUR, Nov 14 — The central banks of Malaysia, Indonesia, the Philippines, Singapore and Thailand have inked a memorandum of understanding (MoU) to strengthen...
As Asia’s borrowers turn homeward, local bond issuance surges
SINGAPORE, Oct 5 — Asian issuance of bonds denominated in local currencies have ballooned to their largest in more than a decade as borrowers turn...
Moody’s Analytics expects global GDP growth at 2.8 pct in 2022, 3.1 pct in 2023
KUALA LUMPUR, June 20 — Moody’s Analytics expects global real gross domestic demand (GDP) growth to decelerate in 2022, as policy support fades, pent-up demand...
Ringgit opens lower against US dollar despite DXY correction
KUALA LUMPUR, May 31 — The ringgit opened lower against the US dollar on lack of buying support, despite a correction in the greenback index...