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NEW YORK: Investors are gearing up for the year’s record-breaking pace of corporate bond issuance to continue in the coming week, even after the US Federal Reserve rattled nerves at its September meeting with a gloomier-than-expected economic outlook.
PETALING JAYA: The Malaysian financial market remains resilient and continues to function efficiently despite a challenging global economic environment from the Covid-19 pandemic, said the Financial Markets Association Malaysia.
HONG KONG: Banks’ obligations to keep cash “ring-fenced” within countries could reduce lending to Asian economies grappling with the fallout from the new coronavirus outbreak, a financial industry group said in a report.
HONG KONG: Banks' obligations to keep cash ‘ring-fenced’ within countries could reduce lending to Asian economies grappling with the fallout from the new Covid-19 coronavirus outbreak, a financial industry group said on Wednesday in a report.
Central bank says onshore US dollar liquidity has improved
KUALA LUMPUR: Bank Negara Malaysia has reaffirmed its commitment to ensure sufficient ringgit liquidity in the onshore market.
WASHINGTON: A U.S. regulatory body on Monday said it would temporarily waive some of its rules in order to allow thousands of traders to operate from home as the coronavirus spreads in New York.
NEW YORK: As the coronavirus spreads in the financial hub of New York, financial firms – led by the Securities Industry and Financial Markets Association (SIFMA)– have triggered their contingency plans and are taking other precautions. As of Sunday, here is the state of play:
WASHINGTON: Legislation that would toughen money-laundering rules is a priority of Wall Street banks, and lobbyists are busy working to get it passed by Congress even as the rest of Capitol Hill fixates on impeachment and the 2020 elections.