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MUMBAI: India’s central bank defied expectations for an interest rate cut, keeping borrowing costs unchanged to assess the effect of its policy after five reductions this year.
KUALA LUMPUR: Maybank Investment Bank Research says it continues to adopt a broadly defensive investing strategy as the equity market continues to contend with multiple external and internal earnings headwinds.
PETALING JAYA: Malaysia may embark on another round of monetary easing next year, following in the footsteps of its regional peers and major economies globally.
NEW YORK: Wall Street's main indexes ended Wednesday's session lower on concerns that a "phase one" trade deal between Washington and Beijing may not be completed this year, while minutes from the Federal Reserve's October policy meeting appeared to offer little help.
PETALING JAYA: The full-year inflation for 2019 may hit the lowest level in a decade as the country’s soft inflation trend is expected to continue in the last two months of this year, led by cautious consumer sentiment that keeps price pressures under control.
KUALA LUMPUR: The FBM KLCI ended the morning slightly softer following a session of volatile trading.
NEW YORK: Oil prices rose more than 1% on Tuesday on hopes for a U.S.-China trade agreement and optimism that Washington could roll back some tariffs on Chinese imports
BEIJING: China’s central bank has finally helped put the brakes on the downward spiral in government debt.
HOUSTON: Oil prices rose on Monday, buoyed by an improved outlook for crude demand as better-than-expected U.S. jobs growth added to market hopes a preliminary U.S.-China trade deal would be reached this month.
KUALA LUMPUR: The net inflow of foreign funds into the local equity market has been on an uptrend, as outflow continued to decrease month-on-month (m-o-m), marking a possible end to the downtrend for this year.