RM606m went through three of Najib's AmBank accounts, High Court told
KUALA LUMPUR (Aug 6): Datuk Seri Najib Razak (pictured) saw a total of RM606.
HLIB: More US-China trade tensions could prompt OPR cut to 2.75% — lowest since March 2011
KUALA LUMPUR (Aug 5): Further escalation on trade tensions between the US and China could prompt Bank Negara Malaysia (BNM) to cut interest rates again as early as November — bringing them down to levels not seen since March 2011 — to mitigate any impact on domestic growth, said Hong Leong Investment Bank (HLIB).
BNM may cut OPR again if there is further rate cut by Fed, says MARC
KUALA LUMPUR (Aug 3): A further reduction in interest rate by the US Federal Reserve in the second half of the year (2H2019) will provide more room for Bank Negara Malaysia (BNM) to adjust the overnight policy rate (OPR) downward again, says Malaysian Rating Corp Bhd (MARC).
BNM freezes 35 bank accounts, seizes RM4m of cash and properties in joint operation
KUALA LUMPUR (Aug 3): Eight premises related to Magmatrans (M) Sdn Bhd, Vonstar Resources Sdn Bhd and Vonstar Sdn Bhd in the Klang Valley and Penang were raided during a joint operation involving Bank Negara Malaysia (BNM), the Royal Malaysia Police and the Immigration Department Malaysia yesterday.
'Eagle 27 transaction misrepresented as donation by Jho Low'
KUALA LUMPUR (Aug 2): A transfer of RM27 million of SRC International Sdn Bhd funds — code-named “Eagle 27” — into former premier Datuk Seri Najib Razak’s 880 account was misrepresented by fugitive businessman Low Taek Jho (Jho Low) as a donation from royalty, when it had actually originated from SRC International Sdn Bhd’s account.
Home prices in Kuala Lumpur 'contract three quarters in a row': Report
PETALING JAYA (July 27): Using information from the National Property Information Centre (Napic) and Bank Negara Malaysia, The Edge Malaysia reported in its latest issue that home prices in Kuala Lumpur have contracted for three consecutive quarters year on year.
Global recession fear overplayed — BNM
KUALA LUMPUR (July 25): While the escalating trade tension between the US and China will moderate Malaysia’s economic growth, it will not cause a global economic recession next year, said Bank Negara Malaysia (BNM).
BNM: Global recession fears overplayed
KUALA LUMPUR (July 24): While the worsening trade tension between the US and China will moderate Malaysia's economic growth, it will not cause a global economic recession next year, according to Bank Negara Malaysia (BNM).
BNM maintains OPR at 3% as growth projection subject to downside risk
KUALA LUMPUR (July 9): Bank Negara Malaysia's (BNM) monetary policy committee (MPC) has at its meeting today decided to maintain the overnight policy rate (OPR) at 3%.
Economists see no OPR cuts just yet
KUALA LUMPUR (July 9): Bank Negara Malaysia (BNM) is unlikely to cut interest rate when the monetary policy committee meets today.
