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Malaysia central banker sees rate hold in 2024, growth at 5%
MALAYSIA’S resilient economy and contained price pressures should allow it to keep interest rates unchanged for the rest of the year, even as global central banks pivot towards easing,...
Brokers’ take: UOBKH downgrades Food Empire to ‘hold’ on narrowing margins
UOB Kay Hian (UOBKH) has downgraded its call on Food Empire to “hold” from “buy”, while reducing its price target to S$1 from S$1.30. This comes as the research...
Oil prices hold at 14-month low as demand worries offset big US storage withdrawal
OIL prices held at a 14-month low on Thursday as worries about demand in the US and China and a likely rise in supplies out of Libya offset a...
Bursa Malaysia wants to ease institutions’ hold on stocks
MALAYSIA’S stock exchange is looking to loosen the grip of large domestic investors on the market to encourage more trading and attract foreign investors to the best performing bourse...
Apple to hold ‘Glowtime’ iPhone 16 launch event on Sep 9
APPLE has sent out invitations for a product launch event at its headquarters on Sep 9, when it’s set to announce details of the iPhone 16 and other new...
Chinese banks hold key lending rates after PBOC signals caution
CHINESE banks kept their benchmark lending rates unchanged for August, as profit margins come under pressure and policymakers focus on the health of financial institutions.The one-year loan prime rate...
Thai central bank to hold rates until Q2 2025, political turmoil risks early cut
THE Bank of Thailand (BOT) will keep interest rates unchanged on Wednesday (Aug 21) and through Q1 2025 to balance growth with inflation control while assessing the impact of...
SpaceX to launch a methane satellite to hold super polluters accountable
There is about to be a new methane eye in the sky. SpaceX is scheduled to launch on Friday (Aug 16) the Tanager-1 satellite.The nonprofit Carbon Mapper is behind the satellite...
