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KUALA LUMPUR, Jan 16 (Bernama): The ringgit may test the psychological level of 4.00 against the US dollar next week amid anticipation that Bank Negara Malaysia (BNM) would maintain the Overnight Policy Rate (OPR) at 1.75 per cent at its meeting on Wednesday.
OVER the recent holidays. I met up with many friends, most wearing a protective face mask in a rather relaxed observance of social-distancing guidelines.
NEW YORK: As benchmark Treasury yields rise amid expectations for stronger growth, the key question on investor minds is how high can they climb before spoiling the global risk-asset rally.
The region shows promise with attractive yields and robust fundamentals
Immediate financial assistance packages being sought
THE dollar found support from expectations of a continued economic recovery in the United States amid countries in Europe resorting to lockdowns to fend off a second Covid-19 wave; and expectations of higher government spending under the Biden administration – after a plunge in payrolls in December raised the prospect of more federal spending to aid the coronavirus-battered economy.
HONG KONG, Jan 15, 2021 (AFP): Joe Biden's US$1.9 trillion stimulus proposal was met with a shrug in Asia Friday as observers said the massive spending spree had been largely factored into valuations, while profit-taking weighed on markets at the end of a broadly healthy week.