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Central bank chairman calls on policy makers to address rising deficits so Congress can better counteract a future downturn
KUALA LUMPUR: Foreign appetite for Malaysian Government Securities (MGS) declined slightly in October due to negative external developments including the ongoing US-China trade tensions, Malaysian Rating Corp Bhd (MARC) said.
KUALA LUMPUR: UOB Global Economics sees Malaysia's economy growing at a slower pace of 4.1% in the third quarter due to weaker readings of key data in Septmber which had fewer working days.
KUALA LUMPUR: Foreign appetite for Malaysian Government Securities (MGS) declined slightly in October due to negative external developments including the on-going US-China trade tensions, Malaysian Rating Corporation Bhd (MARC) said.
TOKYO: In a disappointing third quarter earnings season for Japan Inc, one prominent theme is that moves in the yen have been a particular headache.A total of 438 Tokyo-listed companies have cut their full-year earnings guidance, according to data compiled by Bloomberg. Fifty-six of them announced a change to their currency expectations in addition to their lowered profit forecasts.
PETALING JAYA: The 50bps cut in statutory reserve requirement (SRR) is expected to release RM7.4bil of liquidity into the banking system, said a research house.
WASHINGTON :President Donald Trump said on Friday that he has not agreed to rollbacks of U.S. tariffs sought by China, sparking fresh doubts about when the world's two largest economies may end a 16-month trade war that has slowed global growth
KUALA LUMPUR: Public Bank Bhd's net earnings for 9M19 came in within expectations, said Affin Hwang Capital research.
TOKYO: Asian shares were little changed on Wednesday as investors awaited new developments toward scaling back a bruising trade war between the United States and Chin
Shanghai: President Xi Jinping pledged to further open China’s economy, declaring the world must “knock down walls” as he opened an annual trade fair in Shanghai.