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THE current state of the United States economy is not calling for negative rates yet but is there a sign of concern that President Donald Trump keeps asking for them?
HONG KONG: Alibaba Group's US$13.4bil Hong Kong listing is shrinking cash levels in the protest-wracked financial hub, with short-term borrowing costs shooting back towards a decade-high marked in July.HONG KONG: Alibaba Group's US$13.4bil Hong Kong listing is shrinking cash levels in the protest-wracked financial hub, with short-term borrowing costs shooting back towards a decade-high marked in July.
KUALA LUMPUR: KNM Group Bhd, Mega First Corp. Bhd (MFCB), NetX Holdings Bhd, PUC Bhd and BTM Resources Bhd are among the stocks to watch on Thursday, according to JF Apex Research.
Central bank chairman calls on policy makers to address rising deficits so Congress can better counteract a future downturn
NEW YORK: The Dow Jones Industrial Average and the S&P 500 posted record closing highs on Wednesday helped by a big jump in Walt Disney shares, but the Nasdaq fell as stocks were kept in check by fresh uncertainty over U.S.-China trade relations.
SINGAPORE: The New Zealand dollar soared 1% on Wednesday after the country's central bank unexpectedly left interest rates on hold, while most other currencies trod water.
MARKETS were widely anticipating that President Donald Trump would use his speech to the Economic Club of New York on Tuesday to trumpet progress on reaching the first phase of a trade deal with China.
NEW YORK: The S&P 500 and Nasdaq stock indexes fell from record highs on Monday as uncertainty about progress in U.S.-China trade talks again rose to the fore following comments by President Donald Trump, while a jump in Boeing shares helped the Dow Jones Industrial Average eke out a slim gain.
London: The two biggest players in the US economy will take the stage this week, as President Donald Trump and Federal Reserve chairman Jerome Powell speak amid signs the nation’s trade war with China may be thawing.
WHEN he took on the job of steering TNB into its next phase, Datuk Seri Amir Hamzah Azizan already knew it would be an uphill task.