FOREX: KUALA LUMPUR – Feb 14: Ringgit soars against US dollar, other major currencies
The ringgit closed sharply higher against the US dollar today driven by the stronger-than-expected 5.9 per cent economic growth for
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Money
KUALA LUMPUR: EPF declares 6.9% dividend for conventional accounts, 6.4% for Simpanan Shariah for 2017
KUALA LUMPUR: The Employees Provident Fund (EPF) has declared a dividend rate of 6.90% for conventional accounts for 2017, with
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ASIA-DHAKA: Bangladesh to sue Manila bank over $81m heist
A security guard stands guard outside a branch of Rizal Commercial Banking Corporation in Paranaque city, Metro Manila. (Reutes file
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MANILA: ECONOMY – ‘Inflation likely rose to 3.5% in Jan – poll’
Inflation probably accelerated in January and could prompt monetary authorities to adjust key interest rates as early as this week,
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US & CANADA-WASHINGTON: BANKING – US orders Wells Fargo to halt expansion over ‘abuses’
— Reuters . WASHINGTON: In an unprecedented punitive action, the US Federal Reserve on Friday ordered troubled banking giant Wells
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MANILA: ECONOMY – ‘Build Build Build’ to increase NG debt
. National government debt—which ballooned to P6.65 trillion last year—will see a short-term increase as the Duterte administration implements an
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MANILA: ECONOMY – PSEi breaches 9,000, hits new all-time high
THE stock market finally cracked the 9,000 level on Friday as investors loaded up on equities ahead of
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ASIA-BEIJING: BUSINESS – China’s modern Silk Road hits political and financial hurdles
. Beijing – China’s plan for a modern Silk Road of railways, ports and other facilities linking Asia with Europe
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KUALA LUMPUR: BUSINESS – Malaysia’s economic momentum to remain upbeat
Domestic economy is expected to grow around 5.5 per cent this year, supported by domestic activities and export. . .
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MANILA: ECONOMY – BSP policy response seen with inflation likely to rise
Monetary authorities could finally be prompted to raise interest rates this year given a consensus view of inflation being driven
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