Iran's capacity to move oil reliant on Malaysian providers, US official says
The US Treasury is increasing its focus on financing for groups routed through Southeast Asia.
Tue May 07 2024
Ringgit opens higher against US dollar, other major currencies
The ringgit opened slightly higher on Tuesday, driven by mild demand for the domestic note and the weakening of the greenback.
Tue May 07 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
Ringgit marginally higher against US dollar at close
At 6 pm, the local note stood at 4.1830/1855 against the greenback from yesterday's closing of 4.1835/1855.
Wed Sep 29 2021
Malaysia's Petronas raises $3 bln from bond offering
The issuance was 2.46 times the initial offer size, and a 40-year bond tranche was the largest ever by a Southeast Asian issuer.
Fri Apr 23 2021
Ringgit lower at opening, as rising US treasury yields strengthen US dollar
At 9 am, the local currency slipped to 4.0750/0780 against the US dollar from 4.0720/0760 at Friday's close.
Mon Mar 08 2021
US Senate confirms Yellen as first female Treasury secretary
Her immediate job in the first weeks of the new administration will be to help win Congress approval of $1.9 trillion rescue package.
Tue Jan 26 2021
US says recent hacking campaign hit government networks
Hackers believed to be working for Russia have been monitoring internal email traffic at the US Treasury and Commerce departments.
Thu Dec 17 2020
Biden to name Yellen to Treasury to lead US from sharp economic downturn
Investors see Yellen as a force for more fiscal action to combat the economic crisis unleashed by the COVID-19 pandemic.
Tue Nov 24 2020
Airbus, Boeing granted US license to sell planes to Iran
The Boeing sales are the first from a US aviation company to an Iranian entity since the 1979 Islamic revolution.
Thu Sep 22 2016
US debt ceiling day October 17: What Happens?
The US Treasury says that from October 17 it will not have enough cash on hand to pay its bills unless the Congress increases the $16.7 trillion cap on its power to borrow more money.
Tue Oct 15 2013
Congress 'playing with fire' on debt ceiling: Lew
Speaker John Boehner said the Republican-controlled House would not raise the US debt ceiling without concessions from the White House.
Sun Oct 06 2013
US Treasury chief not worried about market bubble
US Treasury Secretary said he was not worried about a potential financial bubble forming as Wall Street stocks racked up record highs
Thu Mar 14 2013
Jack Lew confirmed for Treasury post
US President Barack Obama's former chief of staff Jack Lew was confirmed Wednesday as the next US Treasury secretary.
Thu Feb 28 2013