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NEW YORK: Asian stocks rose Tuesday (March 25) after signs that President Donald Trump's trade sanctions will be narrower than feared helped propel US equities to one of its best sessions of the year.
VLADIVOSTOK, Russia: Negotiations on the establishment of an Asian monetary fund are underway, and should be considered not as an alternative, but as a complement to the existing international financial institutions, Datuk Seri Anwar Ibrahim said in an interview with RIA Novosti and RT.
Indonesian stocks slumped on Friday, bringing a bruising week to an end as concerns over the country's fiscal health weighed, while most Asian currencies were on the defensive on trade war uncertainties.
MOST Asian equities retreated on Thursday, while currencies edged lower, as growing concerns that U.S. President-elect Donald Trump's proposed policies may fuel inflation and slow rate cuts dented sentiment towards risky assets.
MOST emerging Asian currencies ticked lower on Friday and stocks were mixed after a turbulent week as U.S. President Donald Trump's fast-changing tariff policy fuelled investor uncertainty.
KUALA LUMPUR: Prime Minister Datuk Seri Anwar Ibrahim’s call for the establishment of an Asian Monetary Fund (AMF) as an alternative to the International Monetary Fund (IMF) is pragmatic, in view of the current needs of many Asian countries, said an economist.
NEW YORK: Asian stocks followed US equities lower as investors retreated from risk assets amid uncertainty over President Donald Trump's tariffs. Bitcoin fell as details of a US strategic reserve underwhelmed.
LABUAN BAJO: Prime Minister Datuk Seri Anwar Ibrahim has reiterated his call for the establishment of an Asian Monetary Fund in line with Asean’s initiative to boost the regional economic independence and safety net.
BANGKOK: Prime Minister Datuk Seri Anwar Ibrahim has proposed that the idea for an Asian Monetary Fund (AMF) be revisited to strengthen the buffer against economic crises.
Most Asian currencies and equities inched higher on Monday, with the Indonesian rupiah leading the pack, after weak economic data out of the United States raised expectations of further rate cuts by the U.S. Federal Reserve.
(Reuters) - A three-member International Monetary Fund (IMF) mission will visit Pakistan to conduct a Governance and Corruption Diagnostic Assessment under the country's 2024 Extended Fund Facility program, the finance ministry said on Sunday, without specifying dates.
While the current respite in Asian markets might be short-lived, strong domestic fundamentals and US pro-business agenda will provide support for markets going forward, according to analysts.
ASIAN emerging currencies and equities fell on Monday ahead of key central bank meetings during the week, with the U.S. inflation reading and the Federal Reserve's last policy meeting for the year in the limelight.
ASIAN equities attracted their biggest inflows in seven years in 2023, encouraged by major central banks' deceleration in rate hikes to prioritize economic stimulation amid diminishing inflation worries.
SINGAPORE: Asian equities rose on Tuesday led higher by Chinese tech firms although investors' main focus was on key U.S. inflation data, while expectations that the Bank of Japan may be ready to exit ultra-easy policy as soon as next week weighed on the Nikkei.
KUALA LUMPUR: Despite working a hectic schedule as a sports physiotherapist, Loh Cen Hao has no plans of letting his goal of being a champion powerlifter remain a dream.
KUALA LUMPUR: The ringgit emerged as the best-performing currency in Asia in 2024, standing out among major regional peers amid a challenging global economic landscape.
HONG KONG: Equities fluctuated Friday (Dec 20) and the dollar maintained its gains against its peers as investors assessed the fallout from the Federal Reserve's outlook for interest rate cuts and possible impact of Donald Trump's presidency on the economy.
SINGAPORE: Asian central banks moved aggressively on Saturday (March 14) to counter the market carnage on Friday, pumping liquidity into the financial system and discussing emergency action to fight the global economy’s biggest threat since the financial crisis.
THE International Monetary Fund on Thursday warned of "uncertainty" around the direction of Japan's monetary policy, saying a possible shift from ultra-low interest rates could have a significant impact on global financial markets.
