central bank

 
 

Inflow of foreign funds to improve in coming weeks, analyst says

KUALA LUMPUR, Dec 16 — Foreign fund inflow is expected to improve in the upcoming weeks as evident by the inflow of RM123.3 million in foreign funds on Thursday, the highest inflow since November 8. Inter-Pacific Securities Sdn Bhd Had of Research…


US Fed to hike interest rates again but hints at pause in 2019

WASHINGTON, Dec 16 — The US Federal Reserve is likely to raise interest rates in the coming week but policymakers have begun to signal they may take it a bit slower in 2019. Waning growth, a trade war, tame inflation and an increasingly scary…


Ahead of China anniversary, trade war fans calls for reforms

BEIJING: China’s trade war with the United States is spurring some Chinese entrepreneurs, government advisers and think-tanks to call for faster reforms in the world’s second-largest economy and the freeing of a private sector stifled by state controls. The calls for change have become louder as China approaches a key anniversary later this month, although […]


BoJ: Japan business confidence unchanged in December quarter

TOKYO, Dec 14 ― Confidence among Japan's biggest manufacturers was unchanged this quarter after slipping for three consecutive surveys, central bank data showed  today. The Bank of Japan's Tankan report ― a quarterly survey of about 10,000…


ECB's Draghi 'confident' but cautious as risks loom

FRANKFURT, Dec 14 ― European Central Bank chief Mario Draghi said yesterday the institution will withdraw a major pillar of its stimulus, crediting mass bond-buying with helping save the eurozone from crisis since its introduction in 2015. But…


Stocks lose steam as trade hopes fade, euro dips after ECB

NEW YORK, Dec 13 ― A gauge of world equities gave up early gains and turned negative yesterday, continuing a pattern seen for the past several sessions, while the euro eased after the European Central Bank's policy announcement. In the United…


ECB worries multiply even as money-printing presses stop

FRANKFURT: The European Central Bank is all but certain to formally end its lavish bond purchase scheme but will take an increasingly dim view on growth, raising the odds that its next step in removing stimulus will be delayed. The long-flagged end of bond buys must be irreversible for the sake of credibility, but with […]


New India bank chief vows to uphold its independence

MUMBAI: India’s new central bank chief pledged to uphold the independence of the institution after his predecessor suddenly quit following a row over alleged government interference. But Shaktikanta Das, seen as an ally of Prime Minister Narendra Modi, told his first press conference as governor that the Reserve Bank of India (RBI) would regularly hold […]


US stocks rise as ECB cuts growth forecasts

NEW YORK, Dec 13 — Wall Street opened higher today, moving hesitantly after the European Central Bank trimmed growth forecasts and announced the end of a multi-trillion-euro stimulus programme. The gains by US stocks added to yesterday’s…


US weekly jobless claims near 49-year low; import prices fall

WASHINGTON, Dec 13 — The number of Americans filing applications for jobless benefits tumbled to near 49-year lows last week, which could ease concerns about a slowdown in the labour market and economy. Other data today showed import prices…