Malaysia's Trade Surplus Narrows 35% in May; Exports, Imports Beat Estimates

Malaysia's trade balance continued to be a surplus of 10.1 billion ringgit, albeit plunging 35.4% from 15.7 billion ringgit a year earlier, according to data released by the country's Department of St

MT Newswires02:29 ET

State Administration of Foreign Exchange: in May, banks completed CNY 1.25 trillion in foreign exchange purchases, and CNY 1.36 trillion in foreign exchange sales.

On June 17, the State Administration of Foreign Exchange released the data for May 2024 on bank foreign exchange transactions and bank customers' foreign exchange payment and receipt.

Zhitong FinanceJun 17 05:05 ET

The People's Bank of China has just released the latest figures! From January to May, new social financing amounted to 14.8 trillion yuan, a year-on-year increase of 7% for M2.

RMB loans increased by 11.14 trillion yuan in the first five months, while RMB deposits increased by 9 trillion yuan.

Gelonghui FinanceJun 14 05:16 ET

Malaysian Central Bank Weighs New Measures to Stabilize Ringgit

Bank Negara Malaysia is exploring new measures to ensure that the ringgit remains stable, according to the central bank’s deputy governor.

BNN BloombergJun 11 23:22 ET

Malaysian Retail, Wholesale Trade Expands in April; Auto Sales Surge

Boosted by a strong automobile sector, Malaysia's retail and wholesale trade expanded in April on year, the Ministry of Economy reported on Monday.

MT NewswiresJun 11 05:12 ET

Effective Tax Policies Crucial to Fostering Ongoing Growth: Deputy Finance Minister

It is crucial to emphasise the role of effective tax policies in fostering ongoing growth and stability in light of economic progress, said Deputy Finance Minister Lim Hui Ying.

The Edge MarketsJun 11 01:37 ET