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Ringgit edges higher vs US dollar after BNM holds rate at 3 pct

Ringgit edges higher vs US dollar after BNM holds rate at 3 pct

BNM held the interest rate steady as the current monetary policy stance remains supportive of the economy.
Fri Sep 06 2024
Bank Negara Malaysia keeps OPR unchanged at 3.00 pct

Bank Negara Malaysia keeps OPR unchanged at 3.00 pct

Bank Negara Malaysia said the global economy continues to expand amid resilient labour markets and continued recovery in global trade.
Thu Jul 11 2024
Bursa Malaysia starts firmer despite Wall Street's mixed performance

Bursa Malaysia starts firmer despite Wall Street's mixed performance

Investors focused on the US Federal Reserve's semi-annual testimony to assess the US economic growth and monetary policy paths.
Tue Jul 09 2024
Ringgit easier vs US dollar amid expectations of tight US monetary policy

Ringgit easier vs US dollar amid expectations of tight US monetary policy

A chief economist Dr Mohd Afzanizam Abdul Rashid said the ringgit is expected to move in a narrow range today.
Mon May 13 2024
BNM to keep OPR at 3 pct until year-end - Research firms

BNM to keep OPR at 3 pct until year-end - Research firms

BNM kept the OPR at 3.00 pct at its July 5-6 Monetary Policy Committee meeting, after raising by 25 basis points at the May 2-3 meeting.
Fri Jul 07 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
Anwar confident new Bank Negara governor can continue sustainable monetary policy

Anwar confident new Bank Negara governor can continue sustainable monetary policy

The PM has placed his full faith in Datuk Shaik Abdul Rasheed Ghaffour to face the current challenges and create a new thrust for Malaysia.
Tue Jun 20 2023
[COLUMNIST] Maintaining interest rate stability would have provided the necessary monetary policy space

[COLUMNIST] Maintaining interest rate stability would have provided the necessary monetary policy space

A pause would have provided the monetary policy space by cushioning the impact of a slowdown whilst allowing for cuts later.
Mon May 22 2023
[COLUMNIST] The Silicon Valley Bank debacle

[COLUMNIST] The Silicon Valley Bank debacle

The cause of SVB's problem is grounded in not learning from past history and a dominant paradigm that's failed time and again.
Tue Mar 21 2023
[COLUMNIST] Buy now, pay later - and forever?

[COLUMNIST] Buy now, pay later - and "forever"?

As financial services evolve, so must our mindsets.
Fri Feb 03 2023
BNM to continue adjusting OPR gradually in line with the health of economy

BNM to continue adjusting OPR gradually in line with the health of economy

BNM made no change in the OPR in its first monetary policy meeting for 2023, meeting the expectations of some economists and research houses.
Thu Jan 19 2023
Ringgit slips further against US dollar on market uncertainty

Ringgit slips further against US dollar on market uncertainty

The ringgit was traded mostly lower against a basket of major currencies this morning.
Tue Dec 13 2022
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
[COLUMNIST] Interest rate hikes land the poor further into poverty

[COLUMNIST] Interest rate hikes land the poor further into poverty

It comes at a time when the rakyat are still feeling the pinch.
Fri Nov 04 2022
Malaysia's low inflation rate driven by govt's proactive measures - Nanta

Malaysia's low inflation rate driven by govt's proactive measures - Nanta

The country's low inflation rate is driven by the government's initiatives and proactive measures in providing subsidies and ensuring Keluarga Malaysia members are not overly burdened.
Tue Oct 04 2022
Iran's supreme leader says Hamas leader's death will not halt 'Axis of Resistance'

Iran's supreme leader says Hamas leader's death will not halt 'Axis of Resistance'

The "Axis of Resistance", built up with years of Iranian support, includes Hamas, the Lebanese Hezbollah group, the Houthi movement in Yemen, and various Shi'ite groups in Iraq and Syria.
Sat Oct 19 2024
Putin says Russia willing to seek compromises between Iran and Israel

Putin says Russia willing to seek compromises between Iran and Israel

Russia is ready to help seek compromises between arch-foes Israel and Iran, President Vladimir Putin said on Friday, saying these would be difficult but possible.
Sat Oct 19 2024
What proposals will Russia push at the BRICS summit?

What proposals will Russia push at the BRICS summit?

The proposal is also to establish a BRICS reinsurance company to allow uninterrupted shipment of goods and key commodities between members.
Sat Oct 19 2024
Indonesia's free meals plan in the spotlight as Prabowo readies for office

Indonesia's free meals plan in the spotlight as Prabowo readies for office

Prabowo calls the programme one of the main drivers of economic growth, eventually set to add an estimated 2.5 million jobs.
Sat Oct 19 2024
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