1+ hour, 38+ min ago  (300+ words) MANILA: The Asian Development Bank's chief economist said on Friday that if the Middle East conflict and closure of the Strait of Hormuz last only about a month, as some US projections suggest, the impact on growth in developing Asia…...

4+ hour, 54+ min ago  (485+ words) KUALA LUMPUR: Bank Negara Malaysia's decision to maintain the overnight policy rate (OPR) at 2.75 per cent reflects a cautious and balanced monetary policy stance aimed at supporting economic growth while keeping inflation under control, an economist said. Universiti Teknologi Mara…...

5+ hour, 35+ min ago  (104+ words) Vietnam's deposit, lending rates likely to remain stable'KLSE Screener Vietnam's deposit, lending rates likely to remain stable HANOI: Sharp swings in interbank lending rates have rattled Vietnam's money market in recent weeks, but experts say deposit and lending rates for…...

18+ hour, 14+ min ago  (338+ words) KUALA LUMPUR: The ringgit continued to remain in a narrow trade and closed lower against the US dollar on Thursday, as heightened tensions in the Middle East weighed on market sentiment and supported the greenback. At 6pm, the ringgit eased to…...

18+ hour, 16+ min ago  (533+ words) LONDON/SINGAPORE: The dollar resumed its climb on Thursday after a brief retreat from three-month highs as the fallout from the Middle East conflict kept investors on edge and prompted a flight to the safe-haven currency. Earlier hopes of a…...

21+ hour, 28+ min ago  (107+ words) Bank Negara keeps OPR unchanged at 2.75%KLSE Screener Bank Negara keeps OPR unchanged at 2.75% KUALA LUMPUR: Bank Negara Malaysia has kept the overnight policy rate (OPR) unchanged at 2.75%, as widely expected. The central bank last cut the benchmark rate by…...

1+ day, 2+ hour ago  (528+ words) SINGAPORE: The dollar halted its blistering rally on Thursday, providing some reprieve to the battered euro as investors clung on to fragile assumptions that the war in the Middle East may not last as long as initially expected. Investors were…...

1+ day, 3+ hour ago  (140+ words) Ringgit edges up vs greenback ahead of OPR decision'KLSE Screener Ringgit edges up vs greenback ahead of OPR decision KUALA LUMPUR: The ringgit opened marginally higher against the US dollar on Thursday as traders shifted focus to the overnight policy…...

1+ day, 3+ hour ago  (121+ words) Relief rebound in KLCI, Asian markets amid hopes of Middle East de-escalation'KLSE Screener Relief rebound in KLCI, Asian markets amid hopes of Middle East de-escalation KUALA LUMPUR: The latest developments in the Middle East offered some relief to investors, who…...

1+ day, 3+ hour ago  (811+ words) ORLANDO: Investors have piled into dollars this week amid the turmoil in the Middle East, a reminder that the ongoing transition away from a dollar-centric financial universe toward a more fractured, multi-polar world could be very rocky. The war now…...