Bank Negara News
-
Malaysian bonds outperformed regional counterparts in May after Prime Minister Najib Razak’s election victory removed the risk of a power shift, prompting analysts to maintain forecasts for appreciation in the ringgit this year.
-
DBS Group Holdings Ltd. got approval from Indonesia’s central bank to acquire a $2.75 billion stake in PT Bank Danamon Indonesia, giving Southeast Asia’s largest lender less control than it had sought.
-
Bank Indonesia set its first fixing for the rupiah 0.2 percent stronger than an equivalent rate in Singapore, where the central bank has started a probe to ascertain whether onshore rates were manipulated.
-
Malaysia’s growth slowed to less than 5 percent for the first time in seven quarters as falling exports offset domestic consumption gains from election spending.
-
Issuance of structured notes tied to Indonesia’s sovereign debt surged to the most in three years, led by JPMorgan Chase & Co., as investors seek to capitalize on the second-highest yields among major Asian economies.
-
Indonesia’s rupiah fell to a four- month low and government bonds declined on speculation uncertainty about the nation’s next finance minister and a plan to cut fuel subsidies is shaking investor confidence.
-
The difference in yield between Indonesia’s two- and 10-year bonds narrowed to the least since February after the government spelled out its plans for fuel subsidies, easing concerns about inflation.
-
The tiny Persian Gulf nation of Qatar controls vast gas and oil deposits that feed billions of dollars annually into the state Treasury. Its petroleum riches make it the wealthiest nation per capita in the world, according to the International Monetary Fund.
-
Malaysia’s ringgit rallied the most since 2010 and stocks rose to a record after Prime Minister Najib Razak won a clear majority in the election, giving him a mandate to continue his economic reforms.
-
The ringgit strengthened to its highest since August 2011 and government bonds rose after Malaysian Prime Minister Najib Razak’s coalition retained power in the weekend poll, bolstering the outlook for economic reforms.
|
|
Most Popular on Bloomberg
|
| |
Rate this Page