Hong Kong's High Interest Rates May Persist Due to Uncertainty of Fed Rate Cuts

The Hong Kong Monetary Authority said high interest rates may remain for some time as it is uncertain when the US Federal Reserve will cut its interest rates, according to a Thursday press release by

MT NewswiresJun 13 23:00 ET

Chung Yuan Mortgage: The interest rate reduction cycle in Hong Kong may start from the end of this year to the first quarter of next year.

Wang Meifeng said that the interest rate reduction cycle in Hong Kong has the opportunity to start from the end of this year to the first quarter of next year, and then the interest rate in Hong Kong may fall to 4% or below.

Zhitong FinanceJun 13 02:01 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

Malaysia's Wholesale, Retail Trade Rises 6.6% in April

The sales value of Malaysia's wholesale and retail trade rose 6.6% year over year to 144.9 billion ringgit in April, according to data released by the country's statistics department on Tuesday.

MT NewswiresJun 11 00:24 ET