Ringgit lower against US$ on trade war and other negative sentiments
KUALA LUMPUR: The ringgit was lower against the US dollar early Tuesday, reversing Monday's gains as the greenback's negative sentiment weighed on appetite for emerging currencies including the ringgit, a dealer said
YouTube is extending its ticketing initiative, already live with Ticketmaster, with the new addition of Eventbrite. The partnership, which was announced this morning, will see Eventbrite listings for live music performances across the U.S. when watching YouTube Official Artist Channels. Beneath these videos will be show listings and a “Tickets” button which users can click […]
KUALA LUMPUR (Oct 18): The government expects the budget deficit for 2019 to rise to 3% due to the large amount of debt inherited from the previous government which needs to be paid, said Prime Minister Tun Dr Mahathir.
Speaking to reporters after tabling the Mid-term Review of the 11th Malaysia Plan in Parliament, Dr Mahathir said if nothing is done about the debt, the country will get a more negative rating from credit rating agencies.
My concern is that large internationally active banks will really push to weaken or eliminate the leverage ratio, an important cornerstone of post-crisis banking reforms. Financial reformers should send their comments about the importance of the leverage to the Basel Committee.