Ringgit likely to stay weak against Asean peers

KUALA LUMPUR: Despite the optimism of the ringgit strengthening against the US dollar this year, the local currency is likely to stay weak against its Asean peers in the medium-term dragged down by structural weaknesses within Malaysia’s economy.

Concerns over financial froth, weak recovery

Dynamic plans needed for economic growth

Malaysia’s economy to remain on positive growth trajectory

KUALA LUMPUR: Malaysia’s economy is expected to remain on the positive growth trajectory moving forward despite uncertainty on the global economic front, as the country still has ample liquidity buffers.

Bank Negara reserves at US$109bil

External electronics demand to spur economy

PETALING JAYA: The Malaysian economy is expected to be buoyed by external demand, particularly exports of electronic products to China and Singapore, amidst the global shortage of semiconductors, said Moody’s Investors Servic

The future of money is digital, but is it bitcoin?

THE idea that much of today’s cash use will shift to digital tokens is neither faddish nor outlandish, as long as you don’t start equating the future of money with bitcoin.

Rising US bond yields a concern

Sharp movement in US Treasury returns poses risk of capital flight from Asian markets

Bank Negara forex reserves higher at US$109bil

KUALA LUMPUR: Bank Negara Malaysia’s (BNM) international reserves increased by US$400mil to US$109bil as at Feb 26,2021 compared to US$108.6bil as at Jan 29.

Fed pledges patience, says easy policy appropriate

WASHINGTON: U.S. Federal Reserve Chair Jerome Powell on Thursday repeated his pledge to keep credit loose and flowing until Americans are back to work, rebutting investors who have openly doubted he can stick to that promise once the pandemic passes and the economy surges on its own.

BoJ faces tough choice with REIT buying

TOKYO: The Bank of Japan (BoJ) is under pressure to relax rules for its purchases of real-estate investment trusts (REITs) so that it can keep buying the asset at the current pace, highlighting the challenges of sustaining its massive stimulus programme.