Ringgit rebounds to open higher vs US dollar
US Federal Reserve chair Jerome Powell said the central bank will not wait until inflation hits two per cent to cut interest rates.
Tue Jul 16 2024
AWANI Review: Digital Lending - Unlocking Fast, Secure Credit
When faced with financial pressures, many people turn to fast credit options, sometimes resorting to unregulated methods with high-interest rates and potential debt traps. Direct Lending strives to offer a safe and affordable alternative for borrowers who might be overlooked by traditional financial institutions.
Sat Jan 20 2024
US Fed leaves interest rates unchanged amid surging Treasury yields
The US Federal Reserve on Wednesday left interest rates unchanged at a 22-year high of 5.25-5.5 per cent, as yields on long-term US Treasury bonds have spiked in recent months, reported Xinhua.
Thu Nov 02 2023
Fixed income markets show signs of improving amid rising rates
As interest rates continue to rise globally, there are indications of improvement in the fixed income markets this year.
Fri Aug 04 2023
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
Boycotting restaurants and the economic cycle
One fact that the community must realise is that the decrease in consumption will negatively impact many businesses.
Mon Jan 30 2023
US Fed says higher interest rates will remain
Higher interest rates will stay in place until the US Federal Reserve is confident that surging inflation is on a path toward stability, according to a Fed meeting summary released this week.
Fri Jan 06 2023
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
Budget 2023: Govt needs to focus on issues of high interest rates, unsold houses
Ahmad Hariza said for the present time, the interest rate charged to borrowers is seen to be very high.
Tue Oct 04 2022
BNM stresses the need to recalibrate monetary policy
BNM today stressed the importance of recalibrating the monetary policy to avoid the need to be aggressive in raising interest rates.
Fri May 13 2022
Rising interest rates in US will hinder foreign economies
The fallout can be felt beyond Americas borders, hitting shopkeepers in Sri Lanka, farmers in Mozambique and families in poorer countries around the world.
Thu May 05 2022
Week Ahead: 1st Week Of May
It's Mayday! Next week, we look at interest rates announcement by Bank Negara, Production Index, and Unemployment numbers by the Statistics Department. Also next week, more details on how to register for the AstraZeneca vaccines, and perhaps even, the Cabotage announcement.
Thu Mar 24 2022
COVID-19 and the interest rate conundrum
As COVID-19 shattered global economies and pushed countries towards recession, central banks worldwide have taken measures to ease interest rates to boost consumer spending and financial liquidity.
Sun Jun 21 2020
More help needed to sustain SME businesses and people's livelihood Associations
Fomca hopes that the government would consider waiving the accrued interest rates on housing and other loan repayments due to the harsh economic climate.
Wed Mar 25 2020
BNM raises interest rates to 3.25 percent
At the Monetary Policy Committee (MPC) meeting today, Bank Negara Malaysia decided to increase the Overnight Policy Rate (OPR) by 25 basis points to 3.25 percent.
Thu Jan 25 2018