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Malaysian reserves well diversified
MALAYSIA'S international reserves are well-balanced and not excessive in US dollar holding, said Bank Negara Deputy Governor Datuk Ooi Sang Kuang.
Mahathir: US dollar collapsing
THE US dollar is facing an imminent collapse, Tun Dr Mahathir Mohamad warned Tuesday.
Professor warns of next economic storm
Watch out! The next economic storm could be coming as the US dollar dips in value in the international market.
Malaysian economy gets IMF nod
THE International Monetary Fund (IMF) gave a favourable assessment of the Malaysian economy, stressing that its recovery was firmly established with comfortable external positions.
Shift in China’s economic strategy
China signalled a shift in economic strategy yesterday, saying it planned to rely more heavily on interest rates as a policy tool after a protracted period of investment curbs to rein in growth.
Tokyo stocks finish lower Thursday
Tokyo stocks finished lower following Wall Street's weakness overnight, compounded by rising global oil prices. The U.S. dollar was slightly lower against the Japanese yen and the euro.
Tokyo stocks finish higher Friday
Tokyo stocks finished higher Friday on gains by technology blue chips and banking issues
Growth of global economy likely to moderate
BOTH official and private estimates suggest that global economic performance is likely to moderate this year due to higher sustained oil prices and increasingly tighter monetary conditions.
Bond buying by Asian central banks can boost equities
Stock market strength will be underpinned indirectly this year if Asian central banks with surging foreign reserves maintain their voracious appetite for government bonds, analysts say.
China seen unlikely to drop peg soon
US Federal Reserve officials are not optimistic that China will drop its currency peg against the dollar anytime soon because that decision is in the hands of a State Council focused primarily on political stability rather than financial issues.
