Date | Title | Description |
12.09.2024 | BNM has left its base rate unchanged: Octa broker analyses the decision | KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 13 September 2024 – The Malaysian economy is growing faster than expected, and the local currency has appreciated quite noticeably. However, the central bank has maintained the interest rat... |
05.09.2024 | Market Jitters: A Tipping Point for Asia’s Economies | The financial landscape is shifting. Markets are jittery, caught in a web of uncertainty. Investors are holding their breath, waiting for the next big move. The recent turbulence in the U.S. economy has sent ripples across the globe, and As... |
05.09.2024 | Morning Bid: Jittery markets now 50-50 on 50 bps cut from Fed | Asian MarketsMorning Bid: Jittery markets now 50-50 on 50 bps cut from Fed
By Jamie McGeeverSeptember 4, 20249:50 PM UTCUpdated ago
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03.09.2024 | Malaysia central bank to hold rates at 3.0% until at least 2026: Reuters poll | BENGALURU : Bank Negara Malaysia (BNM) will leave its key interest rate unchanged on Thursday and keep it there at least through 2025 as growth remains robust and inflation stays under control, according to a Reuters poll of economists.
Whi... |
24.08.2024 | The Rise of Hospitality and Financial Security in Malaysia: A Dual Narrative of Growth | Malaysia is a land of contrasts. On one side, it boasts a burgeoning hospitality sector, while on the other, it grapples with the rising tide of financial crime. These two narratives intertwine, reflecting the nation’s aspirations and chall... |
19.08.2024 | Asian Institute of Chartered Bankers (AICB) Hosts International Conference on Financial Crime and Terrorism Financing (IFCTF) to Equip Malaysian Bankers with Specialised Skills in Combatting Emerging ... | KUALA LUMPUR, Malaysia, Aug. 19, 2024 /PRNewswire/ -- The rapid pace of digital adoption in financial crime poses a significant challenge for financial institutions to counter financial crime. Financial institutions must be sensitive and pr... |
22.07.2024 | Malaysia's First Future Skills Framework Launched to Future-Proof Financial Sector Talent | KUALA LUMPUR, Malaysia, July 22, 2024 /PRNewswire/ -- The financial sector plays a critical role in driving Malaysia's economic growth and stability, contributing an estimated 6.7% to GDP in 2023, with growth of 4.3% forecast for 2024[1]. A... |
01.07.2024 | RBI joins ‘Project Nexus’ to enable instant cross-border retail payments | The Reserve Bank of India said it has joined “Project Nexus”, a multilateral international initiative to enable instant cross-border retail payments by interlinking domestic Fast Payments Systems (FPSs).
Nexus, conceptualised by the Innovat... |
10.06.2024 | LMG Loveable Marketing Group Announcement regarding establishment of local subsidiary in Malaysia | - |
10.06.2024 | LMG Loveable Marketing Group Announcement regarding establishment of local subsidiary in Malaysia | [LMG] Loveable Marketing Group Announcement regarding establishment of local subsidiary in Malaysia
*View in browser* *LMG*
Press release: June 10, 2024
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Loveable Marketing Group Announcement regarding establishment of local subsidiary in... |
27.05.2024 | Octa insights: analysis and outlook for Malaysia’s economic growth in the first quarter of 2024 | KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 27 May 2024 – The latest economic report for the first quarter of 2024 from Bank Negara Malaysia (BNM), combined with new, revised data from the Department of Statistics Malaysia (DOSM), gi... |
19.05.2024 | Decline of the ringgit: Amid strain on people, businesses, is there hope for a rebound? | Listen to this article
Decline of the ringgit: Amid strain on people, businesses, is there hope for a rebound?
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15.05.2024 | Malaysia’s restructured national pension fund allows for early withdrawals; experts say ‘delicate’ balance needed | Listen to this article
Malaysia’s restructured national pension fund allows for early withdrawals; experts say ‘delicate’ balance needed
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14.05.2024 | FWD Insurance partners with Bank Simpanan Nasional to drive financial inclusion and literacy among Malaysians | KUALA LUMPUR, Malaysia, May 14, 2024 /PRNewswire/ -- FWD Insurance Berhad ("FWD Insurance") partners with Bank Simpanan Nasional ("BSN") to introduce Qaseh Bakti Plus, a microinsurance product that provides affordable an... |
12.05.2024 | 'Made too easy': Buy now, pay later schemes ensnare consumers in Malaysia in web of purchases, debt | Listen to this article
'Made too easy': Buy now, pay later schemes ensnare consumers in Malaysia in web of purchases, debt
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07.05.2024 | Octa’s research: external factors weigh on Bank Negara Malaysia | The Monetary Policy Committee of the Bank Negara Malaysia (BNM) will meet on 8 – 9 May to decide on monetary policy. Octa’s experts expect the interest rate to remain at 3.00%. Read for more details.
Bank Negara Malaysia will likely keep th... |
20.03.2024 | Malaysia's central bank calls for reforms with economy on firmer footing | KUALA LUMPUR: Malaysia's central bank on Wednesday (Mar 20) called for an acceleration of structural reforms to ensure long-term strength, with economic growth set to benefit from a recovery in exports and robust domestic spending this year... |
09.11.2023 | Grab-led GXBank rolls out beta app in Malaysia for select users | FintechNews
Deepti Sri · 14 Nov 2023 · 2 min readGrab-led GXBank rolls out beta app in Malaysia for select users
GXBank CEO Pei Si Lai / Photo credit: GXBank
GXBank, the Grab-backed Malaysian digital bank, is rolling out its beta app to 20,... |
04.09.2023 | Bank Negara Malaysia likely to keep OPR at 3%—OctaFX | OctaFX analyses the likelihood of BNM keeping the Overnight Policy Rate (OPR) unchanged at 3% at the upcoming Monetary Policy Committee meeting on September 6-7. Learn about the potential impact on the Malaysian ringgit.
Headline inflation ... |
14.08.2023 | THE BUILDING BLOCKS OF A PROFITABLE DIGITAL BANKING MODEL | KUALA LUMPUR, Malaysia, Aug. 14, 2023 /PRNewswire/ -- With around 250 digital banks across the globe, 20% are within the Asia Pacific region[1]. A positive number as digital banks are expected to forge the future of the fintech industry.
Ma... |
18.01.2023 | The Growing Threat of Cybercrime as a Service to Asia’s Financial Institutions | The growth of internet usage, online banking, and digitalization of financial services has increased cybercrime and cyber criminals’ attack surface. Financial institutions are a prime target for cyber-attacks due to the large amounts of dat... |
19.07.2022 | 4 Trends That Will Shape Financial Services in a Post-COVID World | The groundswell of digitalisation that forced whole industries and services online in 2020 during the early onset of the COVID-19 pandemic, only continued growing in 2021 despite the return to office-based work and vaccine rollouts across t... |
27.05.2022 | Why B2B Payments Is The Next Big Domino in APAC’s Fintech Innovation Wave | In the midst of the Covid-19 pandemic, a 2020 McKinsey report projected that Asia’s payments sector would be well positioned to exceed US$1 trillion in annual revenue by 2022 or 2023, despite also forecasting a temporary 1-8% decline in Asi... |
29.04.2022 | Malaysia Awards Digital Bank Licenses To Groups Led By Grab, Sea, Axiata’s Boost | Anthony Tan, chief executive officer of Grab Holdings, addresses the audience during a bell-ringing ... [+] ceremony as Grab begins trading on the Nasdaq on December 2, 2021. Ore Huiying/Bloomberg |
29.04.2022 | Grab-Singtel, others win Malaysia digital bank license | FintechNews
Kul Bhushan · 11h ago · 2 min readGrab-Singtel, others win Malaysia digital bank license
Bank Negara Malaysia (BNM), the country’s central bank, has awarded digital banking licenses to five applicants, including a consortium led... |
27.04.2022 |
Is Bitcoin Legal? | As the market capitalization of the cryptocurrency market continues to climb, regulators around the world are stepping up the debate on oversight into the use and trading of digital assets.
To date, very few countries have completely outlaw... |
25.02.2022 | Malaysia: Bank Negara Official Says Islamic Finance Is Set to Scale Up Value-based Financial Solutions | Deputy Governor of Bank Negara, Datuk Abdul Rasheed Ghaffour, notes that he would like to express his gratitude to the United Nations Development Program (UNDP) for inviting him to deliver a keynote address (as posted by Bank Negara, Malays... |
24.01.2022 | Malaysia's Financial Sector Blueprint 2022-2026 unveiled at MyFintech Week 2022 | Malaysia's Financial Sector Blueprint 2022-2026 unveiled at MyFintech Week 2022 Embargo : For immediate release Not for publication or broadcast before 1645 on Monday, 24 January 2022
24 Jan 2022
Malaysia's Financial Sector Blueprint 2022-2... |
24.01.2022 | Governor's Speech at the MyFintech Week 2022 | Speaker: Datuk Nor Shamsiah Mohd Yunus Venue: -Language: EnglishSpeech/Interview Date: 24 Jan 2022
Assalamualaikum, bismillahirrahmanirrahim and welcome to MyFintech Week 2022.
MyFintech Week is an important event for Malaysia's financial s... |
27.12.2021 | Central Bank of Malaysia : Exposure Draft on Climate Risk Management and Scenario Analysis | Exposure Draft on Climate Risk Management and Scenario Analysis Embargo : For immediate release Not for publication or broadcast before 1230 on Monday, 27 December 2021
27 Dec 2021
This exposure draft sets out the proposed requirements and ... |
21.12.2021 | UnionPay International Targets Growth in Contactless Payment Adoption by Smaller Merchants in Southeast Asia | KUALA LUMPUR, Malaysia, Dec. 21, 2021 /PRNewswire/ -- UnionPay International (UPI) has introduced its SoftPOS (Point-of-Sale) solution for the first time using a payment technology powered by the world's leading SoftPOS player Soft Space.
T... |
06.12.2021 | Central Bank of Malaysia : Assistant Governor's Welcoming Remarks at the IFN Asia Forum 2021 | Asset Publisher
nullAssistant Governor's Welcoming Remarks at the IFN Asia Forum 2021
Assistant Governor's Welcoming Remarks at the IFN Asia Forum 2021 Speaker: Encik Adnan Zaylani Mohamad Zahid Venue: -Language: EnglishSpeech/Interview Dat... |
18.11.2021 | Reappointment of Three Members of the BNM Shariah Advisory Council | Reappointment of Three Members of the BNM Shariah Advisory Council Embargo : For immediate release Not for publication or broadcast before 1100 on Thursday, 18 November 2021
18 Nov 2021
Bank Negara Malaysia announces today the reappointment... |
10.11.2021 | ASEAN Sectoral Bodies Release Asean Taxonomy for Sustainable Finance – Version 1 | ASEAN Sectoral Bodies Release Asean Taxonomy for Sustainable Finance - Version 1 Embargo : For immediate release Not for publication or broadcast before 1510 on Wednesday, 10 November 2021
10 Nov 2021
ASEAN finance sectoral bodies today ach... |
05.11.2021 | EMEAP Central Banks to Promote Green Bond Investment through Asian Bond Fund | EMEAP Central Banks to Promote Green Bond Investment through Asian Bond Fund Embargo : For immediate release Not for publication or broadcast before 0830 on Friday, 5 November 2021
05 Nov 2021
The Executives' Meeting of East Asia-Pacific Ce... |
29.10.2021 | Additional assistance for SMEs and individuals under Budget 2022 | Additional assistance for SMEs and individuals under Budget 2022 Embargo : For immediate release Not for publication or broadcast before 2054 on Friday, 29 October 2021
29 Oct 2021
Additional RM4.5 billion allocated under BNM's Fund for SME... |
28.10.2021 | Deputy Governor's Opening Remarks at the FEN Community of Practice's Virtual Panel Discussion | Asset Publisher
nullDeputy Governor's Opening Remarks at the FEN Community of Practice's Virtual Panel Discussion
Deputy Governor's Opening Remarks at the FEN Community of Practice's Virtual Panel Discussion Speaker: Puan Jessica Chew Cheng... |
26.10.2021 | Deputy Governor's Opening Remarks at the World Bank's Sustainable ExchangE Development Series (SEEDS) | Asset Publisher
nullDeputy Governor's Opening Remarks at the World Bank's Sustainable ExchangE Development Series (SEEDS)
Deputy Governor's Opening Remarks at the World Bank's Sustainable ExchangE Development Series (SEEDS) Speaker: Puan Je... |
15.10.2021 | Annual Financial Literacy Month, October 2021 | Annual Financial Literacy Month, October 2021 Embargo : For immediate release Not for publication or broadcast before 2025 on Friday, 15 October 2021
15 Oct 2021
The Financial Literacy Month (FLM2021), organised by Financial Education Netwo... |
15.10.2021 | Extension of Grace Period for Application for Registration of Currency Processors Under Section 70(1) of Currency Act 2020 | Extension of Grace Period for Application for Registration of Currency Processors Under Section 70(1) of Currency Act 2020 Embargo : For immediate release Not for publication or broadcast before 1017 on Friday, 15 October 2021
15 Oct 2021
P... |
08.10.2021 | Deputy Governor's Keynote Address at the 16th International Shariah Scholars Forum (ISSF) - "Islamic Finance and the Fiqh of Crisis Management" | Asset Publisher
nullDeputy Governor's Keynote Address at the 16th International Shariah Scholars Forum (ISSF) - "Islamic Finance and the Fiqh of Crisis Management"
Deputy Governor's Keynote Address at the 16th International Sharia... |
27.09.2021 | Central Bank of Malaysia : Malaysia's DuitNow and Singapore's PayNow to Link in 2022 | Malaysia's DuitNow and Singapore's PayNow to Link in 2022 Embargo : For immediate release Not for publication or broadcast before 1230 on Monday, 27 September 2021
27 Sep 2021
Bank Negara Malaysia (BNM) and the Monetary Authority of Singapo... |
09.09.2021 | Deputy Governor's Opening Remarks at the World Halal Business Conference 2021 | Asset Publisher
nullDeputy Governor's Opening Remarks at the World Halal Business Conference 2021
Deputy Governor's Opening Remarks at the World Halal Business Conference 2021 Speaker: Datuk Abdul Rasheed Ghaffour Venue: -Language: EnglishS... |
23.08.2021 | Assistant Governor's Opening Remarks at the Launch of the World Bank's Islamic Trade Finance Report | Asset Publisher
nullAssistant Governor's Opening Remarks at the Launch of the World Bank's Islamic Trade Finance Report
Assistant Governor's Opening Remarks at the Launch of the World Bank's Islamic Trade Finance Report Speaker: Encik Adnan... |
05.07.2021 | Response to SGX Queries:: | ZICO HOLDINGS INC.
Incorporated in Labuan, Malaysia
Company Registration No. LL07968
RESPONSE TO QUERIES FROM THE SINGAPORE EXCHANGE SECURITIES TRADING LIMITED ("SGX-ST") ON THE ENTRY INTO HEADS OF AGREEMENT BETWEEN THE COMPANY, G... |
04.07.2021 | Virtual Banking: Bank Negara Malaysia Receives 29 Digital Banking License Applications, Up to 5 Will be Issued | Bank Negara Malaysia, the nation’s reserve bank, recently revealed that it received 29 different applications for a virtual bank license under the Financial Services Act 2013 and the Islamic Financial Services Act 2013. This has come after ... |
02.07.2021 | Central Bank of Malaysia : Bank Negara Malaysia receives 29 applications for digital bank licenses | Bank Negara Malaysia receives 29 applications for digital bank licenses Embargo : For immediate release Not for publication or broadcast before 1737 on Friday, 2 July 2021
02 Jul 2021
Bank Negara Malaysia announced today that it has receive... |
01.07.2021 | Experian : i-SCORE Analysis Reinforces the Urgency to Address Low Cre... | Know Money, a holistic Financial Literacy Campaign, is launched today to empower Malaysians about the importance of credit health for better personal financial control and management
KUALA LUMPUR, 1 JULY 2021- Experian Information Services ... |
01.07.2021 | Malaysia digital banking lures dozens of firms as fintechs expand in Asia | By Anshuman Daga
4 Min Read
SINGAPORE (Reuters) - Southeast Asian ride-hailing-to-fintech group Grab and budget airline AirAsia were among more than a dozen bidders involving over 50 companies that are vying for digital banking licences in ... |
29.06.2021 | Tencent-backed Linklogis, Sunway to jointly seek Malaysia digital bank licence - sources | By Anshuman Daga, Pei Li
3 Min Read
SINGAPORE (Reuters) - Malaysian conglomerate Sunway Bhd has teamed up with Tencent-backed Chinese fintech firm Linklogis Inc and Bangkok Bank PCL to apply for a Malaysian digital bank licence, two sources... |
10.06.2021 | Central Bank of Malaysia : Deputy Governor's Keynote Address at the Chief Learning Officers Forum 2021 | Asset Publisher
nullDeputy Governor's Keynote Address at the Chief Learning Officers Forum 2021
Deputy Governor's Keynote Address at the Chief Learning Officers Forum 2021 Speaker: Encik Marzunisham Omar Venue: Kuala LumpurLanguage: English... |
30.04.2021 | Appointment of Abd. Rahman Abu Bakar as Assistant Governor | Appointment of Abd. Rahman Abu Bakar as Assistant Governor Embargo : For immediate release Not for publication or broadcast before 1705 on Friday, 30 April 2021
30 Apr 2021
Bank Negara Malaysia wishes to announce the appointment of Encik Ab... |
31.03.2021 | Monetary and Financial Developments in February 2021 | Monetary and Financial Developments in February 2021 Embargo : For immediate release Not for publication or broadcast before 1500 on Wednesday, 31 March 2021
31 Mar 2021
Headline inflation turned slightly positive in February, rising to 0.1... |
04.03.2021 | MyMy, which aims to Become Shariah-Compliant Digital Bank, Partners Sukaniaga to Apply for Malaysian Virtual Bank License | MyMy, which aims to become the world’s first Shariah-compliant digital bank, and digital loan platform Sukaniaga Sdn Bhd recently confirmed their partnership which focuses on establishing a virtual banking consortium. They’re also planning ... |
02.01.2021 | Digital Banking: Malaysia’s Reserve Bank Issues New Policy Document for Virtual Banks, Up to Five Licenses Anticipated | Malaysia’s reserve bank, Bank Negara, has released its policy document on digital banks.
The Malaysian central bank’s new document on the licensing framework for all-digital banks has been published after completing a 6-month public consult... |
23.09.2020 | Malaysian fintech MyMy bags USD 2.4 million from Koperasi Tentera | The Malaysian digital payment startup MyMy, that aims to become the first unicorn in the country, notched MYR 10 million (USD 2.4 million) in a seed round from Malaysian Armed Forces Cooperative (Koperasi Angkatan Tentera Malaysia Bhd), a c... |
15.09.2020 | Joint Statement by Bank Negara Malaysia and Securities Commission Malaysia - Accelerating climate action through the financial sector | Press Releases Joint Statement by Bank Negara Malaysia and Securities Commission Malaysia - Accelerating climate action through the financial sector Ref No : 09/20/0315 Sep 2020Embargo : For immediate release
The Joint Committee on Climate ... |
05.03.2020 | Bank Negara Malaysia Releases Updated Exposure Draft for Digital Banks, Proposing Simplified Regulatory Framework for Banking Challengers | Bank Negara Malaysia (BNM) has released an updated exposure draft, which covers the licensing guidelines for all-digital banks. The draft from the nation’s central bank proposes a simplified set of regulations for neobanks.
Bank Negara offi... |
30.12.2019 | Bank Negara, Malaysia’s Central Bank, Is Reportedly Planning to Issue Five Operational Licenses to Digital Banks | Bank Negara Malaysia is reportedly planning to issue up to five operational licenses to qualified or eligible applicants in order to launch digital banks to perform either regular or Islamic banking business in the country.
Malaysia’s centr... |
04.07.2019 | Mobile payments are becoming more popular in Malaysia, says deputy finance minister | Malaysia’s deputy finance minister Amiruddin Hamzah revealed yesterday that the country chalked up more than 25 million mobile payment transactions involving MYR 725.8 million (USD 175.6 million) in the first quarter of 2019, according to l... |
10.06.2019 | Policystreet obtains financial adviser seal of approval from Malaysian Central Bank | Policystreet, an insurtech startup that makes insurance more affordable for Malaysians, says it’s now a fully-fledged financial adviser in Malaysia. With approval from regulators, the home-grown company will face no restrictions from insura... |
25.10.2018 | Grab’s E-Wallet Will Come With a Mastercard-Enabled Prepaid Card By 2019 | Grab, which started out as a Southeast Asian ride-hailing platform that has since delved into “super-app” ambitions, announces a partnership with Mastercard. The pair will be issuing joint prepaid cards geared for the Southeast Asian market... |
28.09.2018 | GrabPay’s Next Stop is Philippines—Here’s Why | When Grab announced that they wanted to take a stake in e-payments, many made the comparisons to Tencent’s Alibaba. That was no coincidence. After acquiring Uber (and a potential monopoly) in the Southeast Asian region, Grab has come out wi... |
05.04.2018 | Opinion: This regulatory to-do list can uncage the Asian fintech tiger | CommunityFintechOpinion
Lukas May · 12 Apr 2018 · 6 min readOpinion: This regulatory to-do list can uncage the Asian fintech tiger
Photo credit: Amiya Nanda
Lukas is a TIA Star Contributor and publishes exclusive, high-value content that se... |
06.03.2018 | Discuss: Alibaba’s digital push in Malaysia is a double-edged sword | CommunityFeatured CommunityOpinion
Charmaine de Lazo · 6 Mar 2018 · 5 min readDiscuss: Alibaba’s digital push in Malaysia is a double-edged sword
Jack Ma and Prime Minister Najib Razak (second and third from left) / Photo credit: Alibaba
Di... |
28.02.2018 | Customer ID Now Required for Crypto Exchange Purchases in Malaysia | New policies for cryptocurrency exchanges developed by Malaysia's central bank have gone into effect.
Bank Negara Malaysia announced Tuesday that its "Anti-Money Laundering and Counter Financing of Terrorism Policy for Digital Currenci... |
14.12.2017 | Bank Negara Malaysia Seeks Public Feedback on Cryptocurrency Regulation | The rapid development and adoption of cryptocurrencies have driven regulators from around the globe to adopt various approaches and regulatory measures and Malaysia is no exception.
Following the announcement by Bank Negara Malaysia Governo... |
08.12.2017 | Bank Negara Malaysia Releases e-KYC Guidelines | Following the announcement by Deputy Governor Jessica Chew earlier this September, Bank Negara Malaysia has officially released the e-KYC guidelines which sets out the minimum requirements and standards that an approved remittance service p... |
01.11.2017 | Malaysia Central Bank Publishes Study about Cryptocurrencies | A study published by Bank Negara Malaysia in September explores the implications of a Bank Negara Malaysia cryptocurrency or as the report calls it; a central bank backed digital currency. A central bank digital currency (CBDC), if introduc... |
20.09.2017 | Malaysia's Central Bank Is Close to Drafting New Cryptocurrency Rules | Malaysia's central bank is reportedly planning to draft cryptocurrency regulations by the end of this year.
Muhammad bin Ibrahim, governor of Bank Negara Malaysia (BNM), told reporters at a symposium on September 19 that the institution wan... |
07.07.2017 | UN Denies Involvement in Green Blockchain Project EcoBit | The United Nation has denied claims that it was involved with a Malaysian blockchain project called EcoBit, according to reports.
Local news source Malaysian Insight reported on July 5 that the United Nations Development Program (UNDP) in t... |
25.10.2016 | Industry Stakeholders Team Up To Boost Malaysia’s Fintech Sector | A new association has been formed earlier this month in Malaysia to represent the fintech scene and push the country into becoming a leading hub. This followed a set of initiatives that have been launched in Malaysia in recent months with a... |
18.10.2016 | Fintech Regulatory Sandbox Framework for Malaysia | Bank Negara Malaysia today issued details of Fintech Regulatory Sandbox Framework following a one month consultation on the proposed Framework which was released on 29 July 2016. The regulatory sandbox will enable the experimentation of fin... |
05.08.2016 | Fintech in Asia: Recent Regulatory Developments | The digital revolution is bringing sweeping changes to the banking and financial industry. As digital platforms and new business models are growing in popularity, governments from around the world have started responding to the emergence of... |
- | Cryptocurrency This Week: Goldman Sachs Sends Notice To Bitcoin Exchange Bitman Sachs For Trademark Violation And More | The crypto community is getting bigger by the day despite the mixed reactions from corporate and regulatory authorities, as Bitcoin has got fans sharing a stronger covalent bond than that of ‘Apple fans.’
In India, amid growing demands, lea... |
- | These Asia-Pacific central banks have paused rates for now. Who could be first to cut? | Economists say some central banks may have already reached the end of their tightening cycles and could begin to shift their focus to what will stimulate growth through rate cuts.
BofA economists led by Helen Qiao said inflation in emerging... |
- | Greater China stocks fall as Covid concerns resurge; Asia-Pacific markets fall | Greater China stock indexes led losses as Covid concerns resurge, while Asia-Pacific markets traded lower on Wednesday.
U.S. stock indexes initially fell sharply on Tuesday stateside before rallying in the afternoon.
In central bank news, B... |
- | Asia markets trade mixed; ASX hits two-week high as banking fears ease | This is CNBC’s live blog covering Asia-Pacific markets. |
- | Malaysia is taking steps to control rising food prices amid inflation, says minister | Malaysia is facing inflation and the government is putting in place measures to control rising food prices, said Malaysia’s domestic trade and consumer affairs minister.
Given the global trend, “we are going to be affected by inflation,” Al... |
- | Malaysia will start treating Covid as 'endemic' around end-October, trade minister says | Malaysia will start treating Covid-19 as an endemic disease around the end of October, said International Trade and Industry Minister Mohamed Azmin Ali.
More than 75% of Malaysia's adult population is expected to be fully vaccinated by then... |
- | Hong Kong stocks tumble 3%, Asia markets dip after Fed minutes point to more rate hikes | This is CNBC’s live blog covering Asia-Pacific markets. |
- | Malaysia won’t use interest rates to prop up the ringgit, says central bank deputy chief | Malaysia will not use monetary policy has a tool to shore up its currency, according to the central bank’s deputy governor.
Bank Negara’s Adnan Zaylani Mohamad Zahid said the country’s policy decisions will be determined by economic growth ... |
- | Asia pushes back on ‘excessive’ currency moves amid enduring dollar strength | Against the U.S. dollar year-to-date, the Japanese yen has slumped more than 9%, while the Malaysian ringgit fell close to 6% and the Chinese yuan slid about 5%.
All three currencies tested seven-month lows against the dollar this month and... |