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KUALA LUMPUR: BNM has kept the Overnight Policy Rate (OPR) at 3.00% at the monetary policy meeting on Thursday, according to AmResearch.
US economic growth likely slowed a bit in the third quarter as consumers kept a lid on spending, supporting the Federal Reserve's decision to maintain its current pace of bond purchases to stimulate activity.
TOKYO, Nov 7 (Reuters) - Asian stocks got off to sluggish start on Thursday as investors hunkered down to take the latest pulse on the U.S. economy and implications for the Federal Reserve's easy money policy, while the euro perked up ahead of the European Central Bank meeting.
Samsung Electronics Co Ltd pledged to double its dividend yield, invest in new technology and boost marketing to topple Apple Inc in the mobile sector as it sought to ease investors' concerns over its sagging share price.
Domestic investors are becoming bigger players in South-East Asian stock markets, thanks to active state-owned funds and rising wealth, helping the region's markets cope with the kind of foreign outflows they've had this year.
Gold was struggling to shake off its longest losing streak in nearly six months as doubts persisted over when the US Federal Reserve would begin scaling back its stimulus measures.