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News
Inflation fight puts Kevin Warsh on the line as US Fed decision looms over global markets
19+ hour, 22+ min ago (722+ words) WASHINGTON, Sept 14 — The US Federal Reserve goes into a key rate-setting meeting this week with markets expecting policymakers to pull the trigger on a rate hike to tackle persistently high inflation — and analysts say central bank chief Kevin Warsh’s credibility…...
Bearish trend seen for PSEi ahead of Fed decision
21+ hour, 33+ min ago (627+ words) THE Philippine stock market is likely to remain under pressure this week as investors await the US Federal Reserve’s policy decision, with surging oil prices and a peso that has fallen to record lows further reinforcing a bearish trend, analysts…...
Bank set to hold interest rates but ‘needs to be ready’ to act on inflation
1+ day, 10+ hour ago (584+ words) The Bank of England is expected to keep interest rates unchanged for the sixth time this year, but experts said it “needs to be ready” to hike rates if energy prices continue to surge. Most economists are expecting the Bank’s…...
Sandakan shows signs of commercial revival under municipal reforms and leadership shift
1+ day, 8+ hour ago (604+ words) SANDAKAN’S revival is still a work in progress, but for the first time in years, the coastal town feels like it’s moving forward rather than sliding back. Once known affectionately as “Little Hong Kong” for its?bustling harbourfront, Sandakan spent…...
Services, manufacturing top contributors to investments in Selangor
1+ day, 8+ hour ago (365+ words) PORT KLANG: The services and the manufacturing sectors were the highest contributors to investment value in Selangor for the first half of this year. Selangor Investment, Trade and Mobility Committee chairman Ng Sze Han said the two main sectors were…...
RM130 million project to improve access from Bandar Country Homes to Rawang
1+ day, 10+ hour ago (455+ words) SHAH ALAM, Sept 13 - The main route in Bandar Country Homes is set to be upgraded through the Jalan B27 project, valued at an estimated of RM130 million, to facilitate smoother travel for residents to Rawang town. Rawang assemblyman Chua Wei Kiat said…...
Signs you are upper-middle class
3+ day, 22+ hour ago (972+ words) Around 31 percent of U.S. families were considered upper-middle class in 2024, according to an analysis from the public policy think tank American Enterprise Institute. While the upper-middle class is often associated with more financial advantage than the middle class, it isn't always…...
Ringgit shrugs off oil spike, rate hike jitters to close higher
4+ day, 7+ hour ago (275+ words) KUALA LUMPUR, Sept 10 — The ringgit closed marginally higher against the US dollar on Thursday despite elevated crude oil prices and expectations of a possible US interest rate hike, as investors looked ahead to the release of US consumer price index…...
Don’t delay on mortgage deals, homeowners warned as Nationwide becomes latest lender to raise rates
4+ day, 6+ hour ago (667+ words) Homeowners are being warned not to delay renewing a mortgage deal after Nationwide Building Society become the latest major lender in the UK to lift rates. As bond yields have risen this past few weeks, swap rates have climbed – the…...
Brent breaks above US$100 as US-Iran war threatens energy supplies
4+ day, 17+ hour ago (402+ words) BRENT crude broke above US$100 a barrel on Thursday for the first time since May as the intensifying US-Iran conflict heightened fears of further disruption to Middle East energy supplies and raised the prospect of prolonged inflationary pressure. Brent climbed…...