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Insight - Is a recession looming?
WHILE Malaysians are revelling with the economy reopening, many are seemingly unaware of recession clouds gathering over the rest of the world.
Ringgit vs US dollar: What we need to understand
KUALA LUMPUR: The ringgit is playing catch up to the US dollar as surging global interest in the greenback increases its demand and value tremendously.
Firm dollar pushes world deeper into slowdown
Rising currency a worrying trend for emerging markets
Fed reaffirms half-point hikes likely in June, July
Central bank determined to get inflation under control
Where will the stock sell-off end?
ONE thing to realise about a stock sell-off: You won’t know it’s over until long after it ends. But that doesn’t keep people from trying to pick a bottom. Valuation, sentiment and history each form a basis for study.
Understanding Bank Negara’s move
BANK Negara trampled market expectations by raising its key overnight policy rate (OPR) by 25 basis points (bps) to 2% from a record low of 1.75%. Market participants mostly projected that the first rate hike would happen in July.
Ringgit ends lower against US dollar
KUALA LUMPUR: The ringgit settled 0.39 per cent lower against the US dollar today due to a sell-off following the decline in global crude oil prices, said an analyst.
Ringgit retreats slightly as dollar strengthens
KUALA LUMPUR: The ringgit reversed yesterday’s gains to open slightly lower against the US dollar this morning as sentiment for the greenback strengthened, an economist said.
Ringgit slightly lower against US$ ahead of OPR decision
KUALA LUMPUR: The ringgit turned slightly lower against the US dollar today amid cautious sentiment ahead of Bank Negara Malaysia’s (BNM) interest rate decision later today, an analyst said.
