Posts Tagged ‘Fed’

Asia stocks bask in best day in 11 years buoyed by Fed move

By BLOOMBERG
HONG KONG • The US Federal Reserve’s (Fed) unprecedented bond buying programme as thrown a lifeline to Asian equities as the dollar’s ...

China virus epicentre to open up

Meanwhile, govts around the world tighten lockdowns affecting 1.7b people
By AFP BEIJING • China announced yesterday an end to travel curbs at the ...

Fed signals unlimited QE and aid for firms, cities

By BLOOMBERG
WASHINGTON • The US Federal Reserve (Fed) yesterday announced a massive second wave of initiatives to support a shuttered US economy, ...

Unshackle the banks to prevent a deeper recession

by DANIEL BABICH/ pic by BLOOMBERG
UNLIKE in 2008, when the banking sector brought about the financial crisis, today it can help keep the economy from ...

FBM KLCI sinks to a 10-year record low

The Fed’s action to cut interest rate to zero has further exacerbated selling that rippled through stock markets
By NUR HANANI AZMAN / Pic By BLOOMBERG ...

Analysts mixed on banking sector, predict another rate cut

By BERNAMA / Pic By TMR File
SEVERAL research houses are mixed on the banking sector following the 25-basis-point (bp) cut in the Overnight Policy Rate ...

Foreign interest returns to Malaysia’s battered bond market

The surge is a surprise taking into consideration the performance of the previous 3 months, says RAM Ratings
By AFIQ AZIZ / Pic By MUHD AMIN NAHARUL ...

Revisiting a volatile 2019 for ringgit

Protracted trade tensions have kept the local currency’s trajectory susceptible to trade-based headlines
By MARK RAO / Pic By BLOOMBERG IT HAS been a ...

FBM KLCI rises as markets await BNM meeting

The overnight rally in banking stocks and equities was likely fuelled by expectations that BNM will hold interest rates steady when MPC meets next week
...
Market/ graphic by MZUKRI

Investors are caught in a global tug of war

By MOHAMED A EL-ERIAN (BLOOMBERG) / Graphic By TMR
MORE than anything else, last week’s market gyrations illustrated the tug of war that has dominated ...

Fed’s rate cut unlikely to affect crypto volatility

According to analyst, while there is more interest in cryptocurrencies, there is little correlation with the central govt behaviour on monetary policy
...

Ringgit under pressure from dollar strength and divided Fed

The ringgit did not rally strongly on Monday’s oil jump but did weaken as US yields held firm
By MARK RAO / Pic By MUHD AMIN NAHARUL MALAYSIA’S ringgit ...