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Business 12 Nov 2016 | 12:00 AM

Rumpus on ringgit

IT was an odd morning yesterday when the value of the ringgit against the US dollar appeared stuck for some time.

Business 01 Nov 2016 | 12:00 AM

Code of conduct soon for money and forex markets

KUALA LUMPUR: Bank Negara is expected to unveil a new code of conduct for the Malaysian wholesale money and foreign exchange (forex) markets by January next year to enhance the professional and ethical standards of the financial industry.

Business 29 Mar 2013 | 12:00 AM

Australia's interbank rates to be based on actual market transactions

SYDNEY: Australia is scrapping the panel that sets its interbank lending rates after an exodus of banks from the panel, the first major market to dismantle the tarnished structure in the wake of the Libor rate-rigging scandal.

World 06 Oct 2018 | 6:23 PM

Banks back Democrats in bid to rebuild bipartisan support

WASHINGTON (Reuters) - Banks are going to bat for Democrats in the U.S. November midterm congressional elections as part of an ambitious strategy to rebuild the bipartisan support they enjoyed before the 2007-2009 financial crisis.

Business 16 May 2018 | 12:00 AM

Malaysian markets stable and orderly post-election

PETALING JAYA: Post-election, Malaysian onshore financial markets remain stable and orderly, and continue to function in an effective manner, facilitating smooth intermediation activities among market participants.

Business 31 Oct 2012 | 12:00 AM

U.S. stock markets to reopen on Wed after worst storm in 75-years

NEW YORK: Major U.S. stock exchanges expect to reopen on Wednesday(Wednesday night in Malaysia) after Sandy, the worst storm to hit New York in nearly 75 years, closed trading for two days.

Corporate News 27 Feb 2017 | 11:00 AM

BNM says onshore forex market going through adjustment

KUALA LUMPUR: The onshore forex market is undergoing a period of adjustment and Bank Negara Malaysia (BNM) has been more active in supplying liquidity on both sides to address the demand and supply mismatches.

Business 21 Nov 2016 | 12:00 AM

Bank Negara eases hedging rules

PETALING JAYA: Bank Negara will make it easier for local companies and individuals to hedge their US dollar and Chinese yuan requirements at home.

World 29 Oct 2012 | 12:00 AM

U.S. stock markets closed as storm hobbles New York

NEW YORK (Reuters) - U.S. stock and options markets will be closed on Monday, and possibly Tuesday, as regulators, exchanges and brokers worry about the integrity of markets and the safety of employees in the face of Hurricane Sandy.