26.5 C
Kuala Lumpur
Wednesday, October 23, 2019

Tag: reserves

Fed trades ‘remarkably positive’ for ‘no precedents’ after volatile year

The discussion this week will centre around how badly the positive outlook of last year has eroded.

China adds nearly 100 tons of gold to its reserves

Amid a trade war with the United States, China adds almost 100 tons of gold to its reserves since resuming buying in December.

Sarawak could go bankrupt in 3 years under GPS, says Guan...

The finance minister says the state's RM31 billion reserves will not last long with its annual budget of RM11 billion.

Saudi minister in favour of reducing oil inventories

Al-Falih says OPEC will be able to reach the best decision on output when they will have more data in their next meeting in June.

Reserves at US$102.36 billion at end-Feb, says Bank Negara

Other foreign currency assets amount to US$653.8 million.

BNM international reserves rise to US$102.6 bil

The international reserves as at March 15 are up from US$102.4 billion as at Feb 28.

Oil and gas reserves can last 10 years, Dewan Rakyat told

The largest reserve is in Sarawak says minister Azmin Ali, adding that Petronas needs to continue searching for new reserves.

Malaysia’s international reserves edge up to US$102.3 billion as of Feb...

The reserves are sufficient to finance 7.3 months of retained imports.

Malaysia’s official reserve assets amount to US$102 bil as of November

The central bank says the country's reserve assets was higher than other foreign currency assets which stood at US$51.6 million.

India govt does not need central bank funds yet, says finance...

Jaitley says his government respects the institution's independence.

Britain’s RBS sets US$128 million aside to cover Brexit uncertainty

The bank has been less upbeat about the consequences of Brexit than some of its peers, with McEwan warning recently that Britain could slip into recession if it crashes out of the EU with no deal.

China cuts some banks’ reserve requirements to spur growth

The reserve cut, the fourth by the People's Bank of China (PBOC) this year, came after Beijing pledged to expedite plans to invest billions of dollars in infrastructure projects.

BNM international reserves at US$103 bil as of Sept 28

The reserves are sufficient to finance 7.4 months of retained imports and is 0.9 times the short-term external debt.

Malaysia’s international reserves slip to US$104 billion, says BNM

Central bank says reserves are sufficient to finance 8 months of retained imports.

Turkey banks tap US$4.5 billion gold reserves to shore up finances

The banks borrow on international markets in hard currencies, hedging dollar liabilities with gold deposits rather than the volatile lira, even though their loan assets are denominated in lira.

Tired of waiting, Penang wants China’s help in flood projects

Chief Minister Chow Kon Yeow to consider land financing model to get Chinese companies to quickly build crucial flood prevention and transport projects.

BNM international reserves at US$104.6 billion as at July 13

The central bank says the reserves are sufficient to finance 7.5 months' of retained imports.

Shafie now admits Sabah financial health is good, says state rep

Apas assemblyman Nizam Abu Bakar Titingan says Shafie had previously claimed the state's finances were in shambles and it did not have any reserves in its coffers.

China lends US$1 billion to Pakistan to boost plummeting FX reserves

The latest loan highlights Islamabad's growing dependence on Chinese loans to buffer its foreign currency reserves, which plunged to US$9.66 billion last week from US$16.4 billion in May 2017.

US dollar share of global currency reserves hits 4-year low

The share of US dollar reserves has declined to its smallest level since reaching 61.24% in the fourth quarter of 2013.

BNM reserves dipped by RM160b in 2013-15, claims Mahathir

He says this can be verified by the central bank's reports and wonders why no RCI was set up to probe management of reserves.

Penang to give RM2,000 bonus to civil servants this year

CM Lim Guan Eng also announces deficit budget, amid soaring cash reserves.

Malaysia’s reserves remain usable, says Bank Negara

Malaysia has official reserve assets of RM422 billion, while other foreign currency assets were at RM1.5 billion as at end-January 2017.

Rafizi promises new Tabung Haji expose next week

More contributors will remove their savings if my new exposes are not answered honestly, he says.