Money

Domestic banking sector to face ‘increasing challenges’ ahead, say experts

Money | News
Moderating global economic growth will continue to ‘negatively impact business and financial market sentiment’
by NG MIN SHEN/ pic by MUHD AMIN NAHARUL ...

Time to spend in the UK as ringgit rises against the pound

Money | News
by MARK RAO/ pic by BLOOMBERG
THE ringgit is expected to strengthen against the British pound as the October deadline looms closer for the UK to work ...

Public Bank 2Q earnings hit by OPR cut, warns of challenging environment

Money | News
However, revenue rise 2.9%, while other operating expenses grow 6.5% in tandem with increased business activities
by NG MIN SHEN/ pic by HUSSEIN ...

Yuan at right level, disorderly capital flows unlikely

Money | News
by REUTERS/ pic by BLOOMBERG
BEIJING • China’s yuan is at an appropriate level currently and two-way fluctuations in the currency will not necessarily ...

Ringgit direction to hinge on key economic data

Money | News
The protracted US-China trade war conditions could see a 2nd cut to BNM’s OPR
by MARK RAO/ pic by BLOOMBERG THE ringgit is expected to trade ...

Ringgit trades closer to key RM4.20 mark as currency war fear eases

Money | News
According to Moody’s, continued escalation of trade tensions with the US could exert downward pressure on the yuan
By MARK RAO / Pic By TMR File THE ...

Managing your debt with AKPK’s help

Money | News
By FARA AISYAH / Pic By HUSSEIN SHAHARUDDIN
DEBTS are common for many Malaysians. The federal government has some RM1 trillion in debts. Housing loans, ...

Banks to see net interest margins, earnings compressed by 3% if OPR is cut again

Money | News
Global growth is expected to slow to 3.2% this year amid escalating global growth concerns
by NG MIN SHEN / graphic by TMR MALAYSIAN banks will see ...

Amid financial turmoil, is gold the answer?

Money | News
Worldwide, central banks purchase gold to bolster their reserves and hedge their risks
by MARK RAO / pic by BLOOMBERG THE majority of Malaysians do ...

BNM may cut interest rates within 3-6 months amid trade uncertainties, says economist

Money | News
Slowing global growth and the Fed’s dovish stance continue to strengthen the case for a reduction
by NG MIN SHEN/ pic by MUHD AMIN NAHARUL MALAYSIA ...

World’s richest lose $117 billion in one-day market meltdown

Money | World
by BLOOMBERG / pic by BLOOMBERG
The wealthiest 500 people on Earth lost 2.1% of their collective net worth on Monday as U.S. stocks plunged in their ...

What a currency war means for Malaysia

Economy | Money | News
The ringgit is exposed in this scenario due to its high beta to the Chinese yuan, bearing a 60% correlation to yuan weakness
By MARK RAO / Pic By MUHD ...