Global Market News

KUALA LUMPUR - News of Western nations intending to ban imports of gold from Russia resulted in the prices of gold rising on June 27. Reuters reports that...

KUALA LUMPUR - To further promote economic cooperation, the timber industries of Vietnam and Malaysia have recently inked a memorandum of cooperation (MOC). According to the Vietnam News...

KUALA LUMPUR - MIDF Amanah Investment Bank Bhd anticipates that the United States Federal Reserve (Fed) will likely raise its interest rate to 3.4% by the end of...

WASHINGTON - The United States Federal Reserve (Fed) had approved its highest interest rate increase on June 15, marking it as the largest hike in 25 years to...

KUALA LUMPUR – The latest report by the OECD (Organisation for Economic Co-operation and Development) shows a revision of its global economic growth prediction for 2022. The report,...

KUALA LUMPUR - Data about household debt-to-GDP (gross domestic product) ratio showed that South Korea was top of the list of 36 other major economies over the first...

KUALA LUMPUR - Oil prices are on the up and up Tuesday (May 31) following the announcement from the European Union (EU) to further reduce Russia's oil imports....

KUALA LUMPUR - Bitcoin had posted its largest gain in two weeks ago, due to China's COVID-19 restriction relaxation that hyped investors' interests for riskier assets. According to...

KUALA LUMPUR - Moody's Investors Services revised its overall growth forecast for this year and 2023 due to the Russian-Ukraine conflict and China's lockdowns that add to supply...

KUALA LUMPUR - Singapore's Ministry of Trade and Industry (MTI) reported a growth of 3.7% to the republic's economy over the first quarter of 2022 (Q1 2022). According...