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KUALA LUMPUR: FSMOne Malaysia expects to attract more Malaysian investors to its trading platform through its latest offering which allows local investors to trade in securities in the United States (US) and Hong Kong (HK).
HONG KONG: China’s securities regulator has held a meeting with executives of top global investment banks with an aim to calm financial markets nerves, sources told Reuters.
NEW YORK (Reuters) - The International Monetary Fund must ramp up its resources as it seeks to "monitor, advise on, and help manage this far-reaching and complex transition" to digital money, according to an IMF paper published on Thursday.
KUALA LUMPUR: Tissue paper maker NTPM Holdings Bhd’s (NTPM) earnings in the near-term is likely to be challenging, weighed down by operational disruptions and additional costs arising from the third phase of the movement control order.
LONDON: Investors bullish on the UK pound have gotten used to brushing off concerns about Covid-19 infections and the post-Brexit future. Now, a sudden rethink on the global recovery is bringing those worries back into focus.
BEIJING (China Daily/ANN): Chinese monetary authorities will support Shanghai to take a lead in the free use of renminbi and explore free capital inflow and outflow and free currency exchange in Shanghai's Lingang Special Area, a central bank official said on Tuesday (July 21).
The United States and Vietnam on Monday said they had reached an agreement to resolve a dispute over the value of Hanoi's dong currency, which Washington had briefly accused it of manipulating.
BEIJING: China is likely to fine-tune its economic policies by injecting sufficient liquidity and accelerating fiscal spending to support economic recovery and contain downside risks amid surging commodity prices as growth slowed in the second quarter, economists said.
NEW YORK/LONDON: Global stock markets ended lower on Friday as investors grappled with fears of rising inflation and a surge in coronavirus cases while the dollar edged higher after upbeat U.S. retail sales data reaffirmed an economy in strong recovery mode.