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JAKARTA: Indonesia’s central bank is seen trimming its benchmark rate for the first time this year on Thursday, on top of the five rate cuts it has delivered since the start of the coronavirus pandemic, according to a majority of analysts in a Reuters poll.
JAKARTA: Indonesia's central bank is seen trimming its benchmark rate for the first time this year on Thursday, on top of the five rate cuts it has delivered since the start of the coronavirus pandemic, according to a majority of analysts in a Reuters poll.
MANILA (Bloomberg): The Philippine central bank held its benchmark interest rate at a record low for a second straight meeting to boost an economy that remains in recession and with inflationary pressures starting to mount.
THE main release this week will be the gross domestic product (GDP) data for the fourth quarter of 2020 (Q4’20). Bank Negara is expected to release the data on Thursday.
KUALA LUMPUR: Risks in 2021 are skewed to the downside with the persistently rising Covid-19 cases and a new round of movement control order (MCO) but this does not derail Malaysia’s growth outlook this year.
MUMBAI, Feb. 2 (Xinhua) -- Gold prices fell for the second day in India on Tuesday after a 7.5-percent customs duty cut on the precious metal was announced in the federal budget on Monday.
LONDON: The pound is winning the hearts and minds of fund managers and forecasters as the United Kingdom steps up its coronavirus vaccinations to improve the chances of an economic rebound.
Emerging Markets: Thai shares rise ahead of central bank meeting on Feb 3; Indian stocks extend budget-fuelled gains
BANGKOK, Feb 2 (Reuters): Asian stocks rose on Tuesday as signs of progress in US stimulus talks boosted Wall Street overnight, while Indian shares posted strong gains for a second consecutive session after the unveiling of a high-spending 2021/22 budget.
THE main data event of the week will be the IHS Markit Malaysia Manufacturing Purchasing Managers’ Index (PMI).