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Philippine inflation quickens further as food costs soar; picks up to 4.7% in February, highest since January 2019
Inflation in the Philippines continues to gather pace even as the economy struggles to pull itself out of recession.
KUALA LUMPUR: Bank Negara is expected to leave its key interest rate steady tomorrow, according to a Reuters poll, as a slowdown in new coronavirus infections and a recently launched vaccination drive boost confidence in the economic recovery.
KUALA LUMPUR: Malaysia's central bank is expected to leave its key interest rate steady on Thursday, according to a Reuters poll, as a slowdown in new coronavirus infections and a recently launched vaccination drive boost confidence in the economic recovery.
LONDON (Reuters) - Goldman Sachs Group Inc has restarted its cryptocurrency trading desk and will begin dealing bitcoin futures and non-deliverable forwards for clients from next week, a person familiar with the matter said.
JAKARTA, March 1 (Reuters): Indonesia has issued a new tax break worth around US$350 million applied to some property sales in a bid to boost consumer confidence and help support its pandemic-hit economy, government ministers said on Monday.
BANGKOK, Feb 27 (Bloomberg): Thailand’s central bank plans to auction its first floating-rate notes linked to a local benchmark to replace Libor, as the move away from the scandal-tainted benchmark gathers pace globally.
Global Forex MarketTHE dollar closed the week softer, down 0.25% to 90.13 but managed to recover some of its early week losses following Fed chair Powell’s upbeat speech during his two-day Congressional testimony as well as a slew of strong data release, which triggered a selling wave in the US Treasury market.