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KUALA LUMPUR: United Overseas Bank (M) Bhd (UOB Malaysia) posted a 3.7% year-on-year increase in total operating income to RM3.21bil in 2020.
Worries about a possible new Covid-19 pandemic wave is weighing on Malaysia’s economic outlook but some hope any new restriction order can spare the bulk of economic activities.
BANK Negara’s overnight policy rate (OPR) will take centre stage. The central bank is expected to announce its monetary policy decision on Thursday and its international reserves as at April 30 on Friday.
KUALA LUMPUR: Bursa Malaysia is expected to continue cautious trading this week as investors may remain on the sidelines ahead of Bank Negara’s policy meeting on Thursday.
The recent Federal Open Market Committee meeting has signalled that the Federal Reserve (Fed) will not increase interest rates in 2021 but would encourage the US dollar to stay weaker in the coming quarters.
Bursa Malaysia is expected to continue cautious trading next week as investors may remain on the sidelines ahead of Bank Negara Malaysia's (BNM) policy meeting on Thursday.
THE Malaysia Consumer Price Index (CPI) for the month of March was a surprise as the headline 1.7% reading was ahead of market forecast of 1.6% jump.