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1-10 results from 1000 for query «inflation»

September 5, 2018 7:51 AM EPF sees 7.64% increase in investment income in Q2

PETALING JAYA: The Employees Provident Fund (EPF) saw a 7.64% increase in total investment income to RM12.39 billion for the second quarter ended June 30, 2018 against RM11.51 billion in the previous corresponding period. In a statement released today, the pension fund's deputy CEO (Investment) Datuk Mohamad Nasir Ab Latif said the trading environment 123

September 3, 2018 1:28 PM BNM seen holding key rate

KUALA LUMPUR: Bank Negara Malaysia (BNM) is expected to keep its benchmark interest rate unchanged at a meeting tomorrow, as it keeps tabs on how far the United States and China will take their ongoing trade war. All 11 economists polled by Reuters see BNM holding its overnight policy rate at 3.25%. Malaysia has raised its policy rate once this year – by 25 basis 16

August 24, 2018 6:24 AM Malaysia's inflation increases 0.9% in July

PETALING JAYA: Malaysia's Consumer Price Index (CPI) continued to expand at a slower rate of 0.9% in July after the 0.8% growth rate recorded in June. According to the Department of Statistics, the sectors which saw a price increase were transport (+6.7%); housing, water, electricity, gas & other fuels (+2%); education (+1%); restaurants & hotels (+1%); and food & non-alcoholic 12

July 22, 2018 11:11 AM Japan urges caution over Trump’s complaint on strong dollar

BUENOS AIRES: Japan should be careful about recent remarks by US President Donald Trump on currencies and might need to convince Washington its monetary easing is not aimed at weakening the yen but beating deflation, a finance ministry official said on Saturday. The US dollar fell the most in three weeks on Friday against a basket of six major currencies 16

July 12, 2018 11:59 PM Bulgaria edges closer to joining euro

BRUSSELS: Bulgaria, the European Union's poorest country, moved a step closer to joining the euro on Thursday. After a meeting of eurozone finance ministers in Brussels, the European Commission and the European Central Bank (ECB) said an evaluation could be completed in "around a year". "The European Commission welcomes Bulgaria's efforts to join the eurozone 29

July 11, 2018 7:01 AM BNM says OPR kept at 3.25%

PETALING JAYA: Bank Negara Malaysia (BNM) announced that the Overnight Policy Rate (OPR) will remain unchanged at 3.25%. The decision was made after its Monetary Policy Committee (MPC) meeting today. The central bank said in a statement at the current level of the OPR, the degree of monetary accommodativeness is consistent with the intended policy stance 20

July 5, 2018 1:06 AM US envoy to work with Sudan to remove from 'terror' list

KHARTOUM: The top US envoy in Sudan vowed Wednesday to work with Khartoum in its efforts to be removed from Washington's "terrorism" blacklist as he welcomed the African country's decision to sever ties with North Korea. In June, Sudan announced its defence firms had scrapped contracts with the Asian pariah state, acknowledging for the first time the existence 18

June 20, 2018 1:41 PM Malaysia's inflation rate in May rises at fastest pace in four months

PETALING JAYA: Malaysia's consumer price index (CPI) increased 1.8% in May 2018 – the fastest pace in four months – to 121.1 compared with 119.0 in the corresponding month of the preceding year due to a strong recovery in transport prices. According to the Department of Statistics, among the major groups which recorded increases were transport (+3.8%); food & non-alcoholic 13

June 20, 2018 4:56 AM Malaysia’s inflation up 1.8% in May

PETALING JAYA: Malaysia's consumer price index (CPI) increased 1.8% in May 2018 to 121.1 compared with 119.0 in corresponding month of the preceding year, according to the Department of Statistics. Among the major groups which recorded increases were transport (+3.8%); food & non-alcoholic beverages (+2.2%); housing, water, electricity, gas & other fuels 17

May 7, 2018 12:54 PM BNM seen holding key rate on moderating core inflation

KUALA LUMPUR: Malaysia’s central bank is expected to leave its benchamrk interest rate unchanged at a policy meeting on Thursday, a day after the country holds a general election, a Reuters poll showed. Eleven economists polled by Reuters were unanimous in expecting Bank Negara Malaysia (BNM) to hold its overnight policy rate at 3.25%, as core and headline 11