Thursday, 16 March 2017 HONG KONG: Hong Kong’s central bank raised its benchmark interest rate by a quarter point for the second time in 3 months on Thursday, following a similar move by the U.S. Federal Reserve and said capital outflows will not pose challenges for the economy. While the …
Read More »US interest rate hike next month?
Saturday, 27 August 2016 JACKSON HOLE, Wyo.: The Federal Reserve is getting closer to raising interest rates again, the head of the U.S. central bankand other policymakers said on Friday in comments that left the door open for a hike as early as next month. Fed Chair Janet Yellen …
Read More »Asia shares hit 2008 highs
Thursday, 27 July 2017 SYDNEY: Stocks, bonds and commodities were all on a roll in Asia on Thursday as bulls scented a softening in the Federal Reserve’s confidence on inflation that promised to keep U.S. interest rates low for longer. MSCI’s broadest index of Asia-Pacific shares outside Japan climbed …
Read More »Bank Negara Malaysia holds key interest rate
Saturday, 13 May 2017 PETALING JAYA: The central bank has left the key interest rate unchanged saying that inflation posed little impact with economy is expected to sustain its growth momentum. The Bank Negara said yesterday that it is maintaining its overnight policy rate (OPR) at 3%. “Given the improvement …
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