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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 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.

Banking 18 Sep 2014 | 12:00 AM

Interest rate hikes unlikely in M'sia, US renews zero rate pledge

PETALING JAYA: Interest rate hikes are expected to come to naught – both in the United States and Malaysia.

Business 04 Feb 2010 | 12:00 AM

Local bond market shows no signal of being impacted by interest rate hike

PETALING JAYA: The local bond market is generally not expected to be impacted amid signals by the central bank of an earlier than expected interest rate hike this year and in the absence of excessive inflationary pressures.

Business 22 Jul 2009 | 12:00 AM

CEO: More demand for interest rate swaps

PETALING JAYA: There is an increasing demand for interest rate swaps (IRS) from corporate clients given the present low interest rate environment.