Tag "US federal reserve"
Back to homepage
U.S. death toll hits 65 from coronavirus
WASHINGTON: With panic buying on Main Street and fear-driven sell-offs on Wall Street, the U.S. Federal Reserve cut interest rates to near zero on Sunday in another emergency move to help shore up the U.S. economy amid the rapidly escalating
Read More
US Federal Reserve rate cuts a boon for Malaysian equity markets
KUALA LUMPUR: As the market is expecting another rate cut by US Federal Reserve (Fed), this could be a boon for emerging equity markets, including Malaysia. “(In the event of) US rates cut, where it doesn’t lead to (economy) recession,
Read More
Bursa Malaysia higher on bargain hunting, dovish fed
KUALA LUMPUR:- Bursa Malaysia stock exchange rebounded from yesterday’s losses to open higher today on bargain hunting amid US Federal Reserve’s (Fed) dovish stance over the interest rate hikes. At 9.05am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) gained
Read More