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INDONESIAN lawmakers called for caution over proposals to reform the central bank amid investor worries the changes would erode its independence.
PETALING JAYA: Bandar Malaysia, slated to be a hub for global multinationals and Fortune 500 companies, has the opportunity to become a game-changer for foreign investors into Malaysia but there will be hurdles in achieving that.
JAKARTA: Indonesia stocks pulled back after a more than 5% surge over the last two sessions as a poll of analysts predicted the country’s central bank would stand pat on interest rates in favour of supporting an under-pressure rupiah.
SINGAPORE: Singapore home sales surged to an 11-month high in August, buoyed by demand from locals who are betting that prices will rebound as soon as next year.
NEW YORK: Oil prices were little changed on Friday, but posted their second straight weekly loss as stockpiles rise around the world and fuel demand struggles to rebound to pre-coronavirus levels.
NEW YORK:Global equities treaded water and U.S. government bonds edged higher on Friday as investors weighed better-than-expected corporate earnings and increased M&A activity in Europe against political concerns ranging from the U.S. elections to Brexit.