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WASHINGTON: The world’s most powerful policymakers are struggling to alleviate the pain of a slowing global economy with few levers left to pull and growing concern that one of them, negative interest rates, already is creating problems of its own.
WASHINGTON: Federal Reserve officials have said little to take a third straight interest-rate cut off the table when they meet this month.
NEW YORK: Signs of pressure in dollar funding markets are reappearing, with rates for repurchase agreements at elevated levels and the Federal Reserve’s overnight operation coming in fully subscribed for the first time in three weeks.
Central bank is buying assets for sole purpose of fine-tuning liability side of its balance sheet
NURHIDAYAH Damanhoori won the women’s Junior Veteran high jump event at the Inspector General of Police Cup Athletics Championships at Paroi Stadium in Seremban.
NEW YORK: Wall Street advanced on Tuesday as third-quarter reporting season hit with a spate of upbeat earnings reports that brought buyers back to the equities market.
LONDON (Reuters) - Facebook's Libra cryptocurrency faces a pivotal meeting of backers on Monday, days after the ambitious project to bring digital coins into mainstream commerce suffered a severe setback when major payment firms quit.
NEW YORK: The biggest US banks are expected to kick off the earnings season on a sour note this week due to falling interest rates, which may have pressured net interest margins enough to cause the sector’s first year-over-year earnings per share decline in three years.
HULU LANGAT (Bernama): Over 150 residents in Hulu Langat were relocated to a temporary relief centre at SK Sungai Serai here after their homes were inundated by flash floods, on Saturday (Oct 12) evening.
SINGAPORE: The global economy is wobbling and whether it topples over is the big question in financial markets, executive suites and the corridors of power.