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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
Pro-Palestinian NGOs seek court order to stop Dutch arms exports to Israel

Pro-Palestinian NGOs seek court order to stop Dutch arms exports to Israel

The Dutch state, as a signatory to the 1948 Genocide Convention, has a duty to take all reasonable measures at its disposal to prevent genocide.
Sat Nov 23 2024
How quickly can Trump's Musk-led efficiency panel slash US regulations?

How quickly can Trump's Musk-led efficiency panel slash US regulations?

Moves by Trump and his appointees to eliminate existing rules will be met with legal challenges, as many progressive groups and Democratic officials have made clear.
Sat Nov 23 2024
2TM: Consultations on PTPTN loans, admission to IPTA at MOHE booth

2TM: Consultations on PTPTN loans, admission to IPTA at MOHE booth

Consultations on PTPTN loans and admission to IPTA are among services provided at the Higher Education Ministry booth.
Sat Nov 23 2024
Kampung Tanjung Kala residents affected by flooded bridge every time it rains heavily

Kampung Tanjung Kala residents affected by flooded bridge every time it rains heavily

Almost 200 residents from 60 homes in Kampung Tanjung Kala have ended up stuck when their 200-metre (m) long concrete bridge flooded.
Sat Nov 23 2024
COP29 climate summit draft proposes rich countries pay $250 billion per year

COP29 climate summit draft proposes rich countries pay $250 billion per year

The draft finance deal criticised by both developed and developing nations.
Fri Nov 22 2024
Bomb squad sent to London's Gatwick Airport after terminal evacuation

Bomb squad sent to London's Gatwick Airport after terminal evacuation

This was following the discovery of a suspected prohibited item in luggage.
Fri Nov 22 2024
Kelantan urges caution amidst northeast monsoon rains

Kelantan urges caution amidst northeast monsoon rains

Kelantan has reminded the public in the state to refrain from outdoor activities with the arrival of the Northeast Monsoon season.
Fri Nov 22 2024
Former New Zealand PM Jacinda Ardern receives UN leadership award

Former New Zealand PM Jacinda Ardern receives UN leadership award

Former New Zealand prime minister Jacinda Ardern was given a global leadership award by the United Nations Foundation.
Fri Nov 22 2024
ICC'S arrest warrants for Netanyahu, Gallant an apt decision - PM

ICC'S arrest warrants for Netanyahu, Gallant an apt decision - PM

The decision of the ICC to issue arrest warrants against Benjamin Netanyahu and Yoav Gallant is apt, said Datuk Seri Anwar Ibrahim.
Fri Nov 22 2024
KTMB provides two additional ETS trains for Christmas, school holidays

KTMB provides two additional ETS trains for Christmas, school holidays

KTMB will provide two additional ETS trains for the KL Sentral-Padang Besar route and return trips in conjunction with the holidays.
Fri Nov 22 2024