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Ringgit easier against US dollar but higher versus other major currencies in early trade

Ringgit easier against US dollar but higher versus other major currencies in early trade

Dr Mohd Afzanizam Abdul Rashid said the ringgit should stay positive today as the Fed is on track to reduce its interest rates this month.
Mon Sep 02 2024
Ringgit rebounds to open higher vs US dollar

Ringgit rebounds to open higher vs US dollar

US Federal Reserve chair Jerome Powell said the central bank will not wait until inflation hits two per cent to cut interest rates.
Tue Jul 16 2024
US Fed leaves interest rates unchanged amid surging Treasury yields

US Fed leaves interest rates unchanged amid surging Treasury yields

The US Federal Reserve on Wednesday left interest rates unchanged at a 22-year high of 5.25-5.5 per cent, as yields on long-term US Treasury bonds have spiked in recent months, reported Xinhua.
Thu Nov 02 2023
Fixed income markets show signs of improving amid rising rates

Fixed income markets show signs of improving amid rising rates

As interest rates continue to rise globally, there are indications of improvement in the fixed income markets this year.
Fri Aug 04 2023
Bank Negara maintains Overnight Policy Rate at 3.00 pct

Bank Negara maintains Overnight Policy Rate at 3.00 pct

Global growth, however, remains weighed down by persistent core inflation and higher interest rates, BNM said.
Thu Jul 06 2023
Boycotting restaurants and the economic cycle

Boycotting restaurants and the economic cycle

One fact that the community must realise is that the decrease in consumption will negatively impact many businesses.
Mon Jan 30 2023
US Fed says higher interest rates will remain

US Fed says higher interest rates will remain

Higher interest rates will stay in place until the US Federal Reserve is confident that surging inflation is on a path toward stability, according to a Fed meeting summary released this week.
Fri Jan 06 2023
Ringgit opens flat against US dollar

Ringgit opens flat against US dollar

Diniz said that investors are beginning to wonder when the US Federal Reserve will change its monetary policy on interest rates.
Wed Dec 07 2022
Budget 2023: Govt needs to focus on issues of high interest rates, unsold houses

Budget 2023: Govt needs to focus on issues of high interest rates, unsold houses

Ahmad Hariza said for the present time, the interest rate charged to borrowers is seen to be very high.
Tue Oct 04 2022
BNM stresses the need to recalibrate monetary policy

BNM stresses the need to recalibrate monetary policy

BNM today stressed the importance of recalibrating the monetary policy to avoid the need to be aggressive in raising interest rates.
Fri May 13 2022
Rising interest rates in US will hinder foreign economies

Rising interest rates in US will hinder foreign economies

The fallout can be felt beyond Americas borders, hitting shopkeepers in Sri Lanka, farmers in Mozambique and families in poorer countries around the world.
Thu May 05 2022
COVID-19 and the interest rate conundrum

COVID-19 and the interest rate conundrum

As COVID-19 shattered global economies and pushed countries towards recession, central banks worldwide have taken measures to ease interest rates to boost consumer spending and financial liquidity.
Sun Jun 21 2020
More help needed to sustain SME businesses and people's livelihood  Associations

More help needed to sustain SME businesses and people's livelihood Associations

Fomca hopes that the government would consider waiving the accrued interest rates on housing and other loan repayments due to the harsh economic climate.
Wed Mar 25 2020
BNM raises interest rates to 3.25 percent

BNM raises interest rates to 3.25 percent

At the Monetary Policy Committee (MPC) meeting today, Bank Negara Malaysia decided to increase the Overnight Policy Rate (OPR) by 25 basis points to 3.25 percent.
Thu Jan 25 2018
U.S. Fed raises interest rates

U.S. Fed raises interest rates

An interest rate increase signals The Fed's confidence towards the strength of US economic growth.
Thu Dec 14 2017
Astro AWANI's revamped English news website, AWANI International, launches on Oct 21

Astro AWANI's revamped English news website, AWANI International, launches on Oct 21

Astro AWANI's revamped English platform delivers in-depth global news and expert analysis to keep you informed on key developments.
Sat Oct 19 2024
Israeli strikes kill 33 people in Jabalia refugee camp in Gaza, medics say

Israeli strikes kill 33 people in Jabalia refugee camp in Gaza, medics say

Residents of Jabalia said Israeli tanks had reached the heart of the camp after pushing through suburbs and residential districts.
Sat Oct 19 2024
Liam Payne's ex-partner calls for media restraint after 'painful' death

Liam Payne's ex-partner calls for media restraint after 'painful' death

Cheryl Tweedy used her statement to urge the media to remember they had a seven-year-old son, Bear, who could read the reports.
Sat Oct 19 2024
Analysts: Indonesia's strong MoF leadership team to boost investor confidence

Analysts: Indonesia's strong MoF leadership team to boost investor confidence

Sri Mulyani Indrawati as head of Indonesia's Ministry of Finance is expected to instil confidence among investors.
Sat Oct 19 2024
Biden offers both a carrot and a stick to Israel as his term nears an end

Biden offers both a carrot and a stick to Israel as his term nears an end

Israel has frequently resisted US advice and has caused political difficulties for the Biden administration.
Sat Oct 19 2024
Putin says BRICS will generate most of global economic growth

Putin says BRICS will generate most of global economic growth

Russian President Vladimir Putin will host a summit of the group in the city of Kazan on Oct. 22-24.
Sat Oct 19 2024
ISIS Malaysia's perspective of Budget 2025

ISIS Malaysia's perspective of Budget 2025

An excellent rakyat-centric budget under the overarching principle of a caring and humane economy.
Fri Oct 18 2024
Budget 2025: Record increase in STR, SARA aid initiatives

Budget 2025: Record increase in STR, SARA aid initiatives

The government will provide a significant boost to the Sumbangan Tunai Rahmah (STR) and Sumbangan Asas Rahmah (SARA) initiatives next year.
Fri Oct 18 2024
Budget 2025: EPF contributions to be made mandatory for foreign workers – PM Anwar

Budget 2025: EPF contributions to be made mandatory for foreign workers – PM Anwar

The government plans to make it compulsory for all non-citizen workers to contribute to the Employees Provident Fund (EPF).
Fri Oct 18 2024
What policies to expect from Indonesia's new President Prabowo

What policies to expect from Indonesia's new President Prabowo

Prabowo will be open to foreign investment, his aide has said, such as by offering investors management of airports and sea ports.
Fri Oct 18 2024