Finance
U.K. Chancellor vows unwavering adherence to fiscal discipline amidst economic challenges
[EUROPE] The United Kingdom finds itself at a crucial juncture. Chancellor Jeremy Hunt's recent statements have brought the nation's fiscal strategy into sharp...
China's financial sector faces unprecedented overhaul
[WORLD] China's financial sector is undergoing a significant transformation. The government is tightening its grip through a series of purges, pay cuts, and...
Market turbulence as investors navigate rising yields
[UNITED STATES] The global stock market landscape is experiencing a period of adjustment as bond yields continue their upward trajectory. This shift has...
Singapore's Straits Times Index dips 0.3% as regional markets face turbulence
[SINGAPORE] The Singapore stock market's performance today is a reflection of broader regional trends and global economic factors. The STI's 0.3% decline comes...
China's monetary authorities vow to stabilize Yuan amidst market pressures
[WORLD] China's central bank and forex regulators have recently pledged to take decisive action to stabilize the yuan. This commitment comes at a...
Ringgit weakens against US Dollar in early trading session
[MALAYSIA] The Malaysian ringgit opened lower against the US dollar in early trade, signaling potential economic headwinds for the Southeast Asian nation. This...
China's central bank suspends bond buying to defend Yuan
[WORLD] China's central bank announced on Friday that it has suspended treasury bond purchases. This decision by the People's Bank of China (PBOC)...
Malaysian Ringgit edges higher against US Dollar in early trading session
[MALAYSIA] In a notable development for the Malaysian economy, the Ringgit has shown a slight appreciation against the US Dollar during early trading...
Wall Street holds steady as investors navigate inflation uncertainty
[UNITED STATES] Wall Street found itself in a state of equilibrium as investors carefully weighed the intricate path of inflation. The stock market's...
Bank Negara Malaysia's international reserves dip to US$116.2 billion
[MALAYSIA] In a recent development that has caught the attention of economists and financial analysts worldwide, Bank Negara Malaysia (BNM) reported a decline...
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