CURRENTGLOBAL Oil prices dip as US Fed signals more rate hikesEditor Selangor JournalSeptember 21, 2023 by Editor Selangor JournalSeptember 21, 2023 ANKARA, Sept 21 — Oil prices declined more than one per cent on Thursday over demand concerns as the US Federal Reserve (US Fed) held...
CURRENTGLOBAL Bank Indonesia to hold rates at 5.75 pct for rest of 2023, cut early next year — Reuters pollEditor Selangor JournalSeptember 20, 2023 by Editor Selangor JournalSeptember 20, 2023 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...
CURRENTECONOMY Ringgit starts trade day higher against greenbackEditor Selangor JournalSeptember 12, 2023 by Editor Selangor JournalSeptember 12, 2023 KUALA LUMPUR, Sept 12 — The ringgit opened slightly higher against the US dollar and other major currencies on the rising expectation that the US...
CURRENTECONOMY US Fed raises interest rate to 22-year high, nears end of tightening cycle — MIDF ResearchEditor Selangor JournalJuly 27, 2023 by Editor Selangor JournalJuly 27, 2023 KUALA LUMPUR, July 27 — The US Federal Reserve (Fed) is nearing the end of its tightening cycle after it raised the Fed funds rate...
CURRENTECONOMY BNM to hold key rate on July 6, may not resume tightening — Reuters pollEditor Selangor JournalJuly 4, 2023July 4, 2023 by Editor Selangor JournalJuly 4, 2023July 4, 2023 KUALA LUMPUR, July 4 — Malaysia’s central bank will leave its key interest rate unchanged at 3.00 per cent on Thursday (July 6), and keep...
CURRENTGLOBAL IMF head points to 2025 for interest rate cutsEditor Selangor JournalMay 24, 2023 by Editor Selangor JournalMay 24, 2023 DOHA, Qatar, May 24 — Evaluating central banks’ interest rate hikes, the managing director of the IMF said it is early to move back on...
CURRENTECONOMY Ringgit rebounds against US dollar at openingEditor Selangor JournalMay 3, 2023 by Editor Selangor JournalMay 3, 2023 KUALA LUMPUR, May 3 — The ringgit opened slightly higher against the US dollar today due to uncertainties in the market sentiments ahead of the...
CURRENTGLOBAL Global financial system tested by high inflation, interest rates: IMFEditor Selangor JournalApril 12, 2023 by Editor Selangor JournalApril 12, 2023 ISTANBUL, April 12 — The global financial system is being tested by higher inflation and interest rates, the International Monetary Fund (IMF) said Tuesday, reported...
CURRENTECONOMY Bursa Malaysia lower at midmorningEditor Selangor JournalFebruary 28, 2023 by Editor Selangor JournalFebruary 28, 2023 KUALA LUMPUR, Feb 28 — Bursa Malaysia was lower at midmorning as investors traded cautiously ahead of US key prints tonight to further gauge the...
CURRENTECONOMY Major central banks rekindle rate hike push after dry JanuaryEditor Selangor JournalFebruary 4, 2023 by Editor Selangor JournalFebruary 4, 2023 LONDON, Feb 4 — Major central bank interest rates moves were off to a tepid start in January with a single hike by Canada but...
CURRENTECONOMY Ringgit opens lower versus US dollarEditor Selangor JournalJanuary 18, 2023 by Editor Selangor JournalJanuary 18, 2023 KUALA LUMPUR, Jan 18 — The ringgit opened marginally lower against the US dollar today ahead of the overnight policy rate (OPR) decision by Bank...
CURRENTECONOMY Ringgit slips further against US dollar on market uncertaintyEditor Selangor JournalDecember 13, 2022 by Editor Selangor JournalDecember 13, 2022 KUALA LUMPUR, Dec 13 — The ringgit slipped further against the US dollar at the open today as lingering uncertainty weighed on the market, with...