Filed Under (World Economy) by Fred Chan on 05-03-2009
Malaysia’s benchmark interest rate, the overnight policy rate (OPR), which has been lowered three times since November to 2.0%, is at a level supportive of growth.
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Filed Under (Stock Market) by Fred Chan on 05-03-2009
Stocks broke a five-day losing streak Wednesday as hope spread that China and the U.S. are taking convincing action to restart their economies.
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Filed Under (World Economy) by Fred Chan on 05-03-2009
The Malaysian economy will most probably see a full blown recession this year given the steep deterioration in recent economic activities both locally and globally.
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