Standard Chartered banker bullish on outlook for yuan assets as stars align

[ad_1] The anticipated US interest-rate cuts, the Hong Kong government’s measures to attract family offices and the coming investment migration scheme will attract investors to yuan-denominated assets this year, according…

Bursa Malaysia wraps up 2023 on softer note

[ad_1] KUALA LUMPUR: Bursa Malaysia wrapped up 2023 to close at its intraday low at 1,454,66 today compared to the first-day opening this year at 1,488.54, weighed by persistent selling…

Bursa Malaysia closes at intra-day high, tracking regional peers

[ad_1] KUALA LUMPUR: Bursa Malaysia closed on a positive note on Thursday, hitting an intraday high after taking signals from key regional indices, which were generally in the green following…

Hong Kong’s airport authority to launch US$640 million retail bond

[ad_1] “We want to issue the retail bonds to give Hong Kong residents a chance to participate in the third runway project,” Julien Lee, executive director of finance at AAHK,…

Bursa Malaysia ends higher, continues winning streak

[ad_1] KUALA LUMPUR: Bursa Malaysia ended higher on Friday, continuing its five-day winning streak, boosted by buying across the board amid improving global confidence, a dealer said. At 5 pm,…

As interest rates climb, Sweden’s central bank fears financial stability

[ad_1] Due to high inflation and increasing interest rates, Sweden’s financial stability is strained and the risks are increasing, the country’s central bank (Riksbank) said in a report. “We have…

Hong Kong economy, property market eagerly await lower rates next year

[ad_1] “As the pressure of inflation recedes, the real interest rate is rising and creating an environment that is too restrictive,” said Raymond Mok, assistant vice-president of investment strategy at…

6 things that changed for the Indian stock market over weekend

[ad_1] India stock market: the domestic benchmark equity indices, Sensex and Nifty, are likely to take a breather from a rally and open on a tepid note on Monday amid…

Ringgit gains ground against US dollar ahead of US PCE data release

[ad_1] KUALA LUMPUR: The ringgit closed higher against the US dollar compared to last Friday, ahead of the United States (US) Personal Consumption Expenditures (PCE) inflation data set to be…

What next: US Federal Reserve on the cusp of policy change

[ad_1] The US Federal Reserve is moving decisively away from ultra-aggressive tightening policy into a wait-and-watch mode, with the latest language from the policymakers suggesting a clear caution in their…