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Business 19 May 2016 | 12:00 AM

All eyes on interest rate, analysts expect status quo

PETALING JAYA: All eyes are on Bank Negara, as speculation mounts on the possibility of the central bank lowering interest rates today. Against a backdrop of a low interest rate environment and slowing growth, some bankers had alluded last month that Bank Negara could use this opportunity to cut the overnight policy rate (OPR) for the first time in seven years.

Business 16 Aug 2016 | 10:45 PM

Gaining confidence, Fed officials eye US interest rate hike this year

NEW YORK/KNOXVILLE, Tenn.: The Federal Reserve is raising expectations for an interest rate rise this year, even as early as next month, after two policymakers on Tuesday said the economic stars now appear to be aligning despite weak U.S. economic growth in the first half of 2016.

Business 19 Jun 2019 | 10:42 PM

Fed sees case building for interest rate cuts this year

WASHINGTON: The U.S. Federal Reserve on Wednesday said it was ready to battle growing global and domestic economic risks with interest rate cuts beginning as early as next month, as it took stock of rising trade tensions and growing concerns about weak inflation.

Business 30 Oct 2013 | 12:00 AM

India raises interest rate Second straight month hike aimed at fighting inflation

MUMBAI: India’s new central bank governor has raised the key interest rate for a second straight month, disregarding calls for lower borrowing costs as he stays focused on battling high inflation.

Business 12 Apr 2016 | 10:42 PM

US Fed eyes interest rate hike, but second-guesses economic gauges

SAN FRANCISCO/RUSTON, La.: Federal Reserve Chair Janet Yellen has declared that the U.S. central bank's interest-rate decisions will depend on how the economy performs.

Business 19 Feb 2016 | 12:00 AM

Indonesia cuts interest rate, reserve ratio

JAKARTA: Indonesia’s central bank cut its main interest rate for a second consecutive month and lowered the primary reserve-requirement ratio for lenders to help shore up an economy hit by slumping exports.

Business 04 Apr 2019 | 7:37 AM

India central bank cuts interest rate to boost flagging economy

MUMBAI: India’s central bank delivered a back-to- back interest rate cut to support a sluggish economy a week before elections kick off.

Business 02 May 2018 | 12:00 AM

Australia holds interest rate

SYDNEY: Australia has left its key interest rate unchanged at a record low – as expected – amid the slowing of a hiring boom.

Business 07 Jun 2017 | 12:00 AM

Australia holds interest rate

SYDNEY: The Reserve Bank of Australia (RBA) shrugged off a likely slowdown in the economy when it left its benchmark interest rate on hold for the 10th straight month yesterday.

Corporate News 16 Feb 2018 | 12:00 AM

Bank Indonesia holds interest rate amid currency volatility

JAKARTA: Indonesia’s central bank left its benchmark interest rate unchanged as policy makers guard against currency volatility following a rout in global markets that put the rupiah under renewed pressure.