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BNM LAUNCHES MYOR-I, WORLD’S 1ST ISLAMIC BENCHMARK RATE

Bank Negara Malaysia (BNM) has launched the Malaysia Islamic Overnight Rate (MYOR-i), the first transaction-based Islamic…

INDONESIA’S GoTo IPO IN THE WORKS

GoTo Group, Indonesia’s biggest tech firm, has received sufficient investor orders for its initial public offering…

CAGAMAS CLOSES PRICING FOR RM1.3B BONDS, SUKUK

CAGAMAS Bhd announced its pricing of RM1.3 billion equivalent worth of bonds and sukuk. Proceeds from…

FED WILL RAISE RATES MORE AGGRESSIVELY IF NEEDED, POWELL SAYS

The US central bank must move “expeditiously” to bring too-high inflation to heel, Federal Reserve Chair Jerome…

TRADERS WATCHING FOR 3 MAJOR EVENTS COVERING US$3.5 TRILLION

Wall Street traders are bracing for fresh equity-market fireworks Friday after another week of global turbulence.In…

HDB LAUNCHES S$1 BILLION GEEN BOND

The Housing & Development Board (HDB) has raised S$1 billion through the issuance of its inaugural green…

EURO JUMS AS RUSSIA SEES GLIMMER OF HOPE FOR COMPROMISE WITH UKRAINE

The euro jumped today and was set for its third consecutive daily gains versus the dollar…

US FED RAISES RATES FOR THE FIRST TIME SINCE 2018

Fed raises rates by a quarter percentage point from near zero as central bank struggles with…

YUAN SPIKES AFTER SAUDIS REVIEW THE USE OF RMB FOR OIL

The outbreak of the Ukraine war and the swath of sanctions imposed on Russia as a…

YEN SLIPS TO 5-YR LOW AS RATES RISE

The dollar hit a five-year high against the yen today, as traders braced for the US…