Bank of Japan governor signals continued gradual rate hikes
TOKYO, Nov 18 — The Bank of Japan (BOJ) will continue incremental interest rate hikes to align with the nation’s economic and price improvements, its...
Vietnam’s interest rates set to drop by 0.7 pct points next year
HANOI, Oct 29 — Vietnam is expected to maintain a looser monetary policy, with interest rates projected to drop by 0.7 percentage points next year,...
Bank of Thailand to hold rates at 2.25 pct for rest of this year — Reuters poll
BANGKOK, Oct 17 — The Bank of Thailand (BOT) will hold its key interest rate at 2.25 per cent at its final policy meeting for...
Ringgit rebounds to open slightly higher ahead of 2Q GDP estimates today
KUALA LUMPUR, July 19 — The ringgit rebounded to open slightly higher against the US dollar on positive sentiment ahead of the release of Malaysia’s...
Bank Negara Malaysia keeps overnight policy rate unchanged at 3 pct
KUALA LUMPUR, March 7 —Bank Negara Malaysia’s (BNM) Monetary Policy Committee (MPC) has decided to maintain the Overnight Policy Rate (OPR) at 3.00 per cent...
Powell reiterates US Fed not ready to start cutting interest rates
WASHINGTON, March 7 — US Federal Reserve Chair Jerome Powell on Wednesday reiterated that the central bank is not ready to start cutting interest rates,...
Vietnam Central Bank likely to continue interest rate cut in 2024
HANOI, Feb. 26 — There is still room for the State Bank of Vietnam to make another policy interest rate cut in 2024 to boost...
Bank Negara Malaysia keeps OPR at 3.0pct for third consecutive time
KUALA LUMPUR, Nov 2 — Bank Negara Malaysia’s (BNM) Monetary Policy Committee (MPC) decided to maintain the Overnight Policy Rate (OPR) at 3.00 per cent during its last meeting...
European Central Bank meets in Athens to decide on interest rate move
ATHENS, Oct 26 — The European Central Bank (ECB) meets on Thursday to decide whether to raise interest rates after 10 consecutive rate hikes. The bank...
Singapore’s third quarter GDP likely to show persistent weakness — Survey
SINGAPORE, Oct 11— Singapore’s economic growth in the third quarter is expected to remain sluggish as the central bank seeks to balance the task of...
Oil prices dip as US Fed signals more rate hikes
ANKARA, Sept 21 — Oil prices declined more than one per cent on Thursday over demand concerns as the US Federal Reserve (US Fed) held...
Bank Indonesia to hold rates at 5.75 pct for rest of 2023, cut early next year — Reuters poll
JAKARTA, Sept 20 — Bank Indonesia (BI) will keep its key interest rate unchanged at 5.75 per cent on Thursday (September 21), and for the...