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KUALA LUMPUR: Malaysia’s onshore financial markets remain stable and orderly when they reopened on Monday after the 14th General Election, says the Financial Markets Committee (FMC).
NEW YORK: Stock markets will close Wednesday for a national day of mourning to honour former President George H.W. Bush. The Securities Industry and Financial Markets Association hasn’t confirmed whether bond markets will also be closed.
KUALA LUMPUR: Bank Negara Malaysia (BNM), in collaboration with the Financial Markets Association of Malaysia (FMA), has introduced a new methodology in the US dollar/ringgit (USD/MYR) spot fixing, which is based on market transaction data rather than submission of quotations by selected banks.
NEW YORK: U.S. stock and options markets will be closed on Monday, and possibly Tuesday, as regulators, exchanges and brokers worry about the integrity of markets and the safety of employees in the face of Hurricane Sandy.
NEW YORK: Wall Street launched its first concerted defense of its role in physical commodity markets on Thursday, funding a report that highlighted the risks of banks being pushed out of the sector by political and regulatory pressure, and gaining support from an influential trade group.
NEW YORK (AP) - The U.S.'s financial power center has shifted from Wall Street to Washington.
KUALA LUMPUR: Bank Negara Malaysia has reaffirmed its commitment to ensure sufficient ringgit liquidity in the onshore market.
Central bank says onshore US dollar liquidity has improved