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THE Covid-19 pandemic has drastically changed the way a lot of industries have had to conduct their business, with the retail sector being no exception.
Bank Indonesia left its benchmark interest rate unchanged at a record low, sustaining its support for a pandemic-hit economy and saying it’s prepared to weather any volatility from the US Federal Reserve’s more hawkish message overnight.
China’s post-pandemic economic performance has been a driver of its improving global competitiveness, says the Swiss-based Institute for Management DevelopmentHong Kong saw a slight decline in its overall economic performance compared with last year, amid a worsening investment and employment environment
JAKARTA: Bank Indonesia (BI) left its benchmark interest rate unchanged yesterday as a resurgence in Covid cases risks delaying recovery in South-East Asia’s largest economy.
HONG KONG (AFP): Markets were mixed in Asian trade Wednesday (June 16) following a tepid lead from Wall Street, where another forecast-busting inflation reading spooked investors just as the Federal Reserve kicked off its latest policy meeting.
NEW YORK: Wall Street's main indices closed lower on Tuesday as data showing stronger inflation and weaker U.S. retail sales in May spooked already-jittery investors awaiting the results of the Federal Reserve's latest policy meeting.
HONG KONG: Asian shares had a mixed day on Tuesday and the dollar sat near multi-week highs ahead of a much-anticipated Federal Reserve policy meeting, which investors are watching for hints of any change to the U.S. monetary policy outlook.
KUALA LUMPUR: The ringgit kicked off the week on a negative note against the US dollar following the extension of the third Movement Control Order 3.0 (MCO 3.0).
UPDATES on rubber statistics for the month of April 2021 highlighted a relatively quiet week for economic data. The Statistics Department is expected to release rubber statistics tomorrow.
The ringgit is likely to trade in a range of 4.09 to 4.11 level next week as Malaysia aims to achieve the target of injecting 150, 000 doses of vaccine daily, said an analyst.