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KUALA LUMPUR: The ringgit rebounded from yesterday’s losses against the US dollar to open higher on Wednesday.
PETALING JAYA: The overnight policy rate (OPR) cut is expected to have a minimal impact on local property players, especially real estate investment trust (REIT) companies, which are anticipated to continue being resilient.
KUALA LUMPUR: S&P Global Ratings expects the RM20bil stimulus package unveiled last week to have a generally neutral impact on domestic banks.
KUALA LUMPUR: Banks in Malaysia have paid out higher dividends for the financial year ended Dec 2019 against the backdrop of a cloudy outlook on loan growth and build-up of excess capital, RAM Ratings said.
REVIEW: Concerted action by the world’s central banks gave a brief respite to investors’ fear that the global economy would dip into a recession as the coronavirus (Covid-19) outbreak continued to spread beyond China’s borders.
PUTRAJAYA: The new Perikatan Nasional government will form an Economic Action Council (EAC) to address the economic woes currently faced by the country, says Tan Sri Muhyiddin Yassin.
PUTRAJAYA: On its first day at work, the new Perikatan Nasional Cabinet wasted no time and has set up the Economic Action Council (EAC) to address economic woes.
KUALA LUMPUR: Aeon Credit Service (M) Bhd has issued subordinated sukuk with a nominal value of RM200mil under its Sukuk Wakalah programme of RM2bil.