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Wiselink Recognised for Outstanding Sales Performance, Expands Reach with New E-commerce Platform

The Ministry of Finance (MOF) has announced that Malaysian youths and university students can apply for their RM200 eBeliaRahmah credit starting next Monday 26th June 2023. — SoyaCincau pic

eBeliaRahmah: Why GrabPay, ShopeePay and BigPay are not supported for RM200 eWallet programme? Here’s MOF’s answer

US Federal Reserve Chair Jerome Powell testifies before a House Financial Services Committee hearing on

US Federal Reserve’s Powell: Half-point of additional hikes a ‘good guess’ of policy outcome

Meta Platforms will return to its former status as a full growth stock after financial data provider FTSE Russell finishes its annual shakeup of its stock index components tomorrow. ― Reuters pic

Meta Platforms’ return to growth index highlights annual Russell refresh

The US dollar fell against a basket of currencies yesterday after Federal Reserve Chair Jerome Powell’s comments on the central bank’s ongoing fight to lower inflation failed to live up to the more hawkish market expectations. — Reuters pic

Dollar dips as Powell testimony disappoints hawks

Two inflation readings since the BoE’s last rate hike in May have both been higher than expected, raising fears that Britain faces a more persistent price growth problem than the United States or the euro zone. — Reuters pic

Bank of England poised to raise rates after inflation shock

Federal Reserve Board Chairman Jerome Powell testifies before a House Financial Services Committee hearing on the Federal Reserve's Semi-Annual Monetary Policy Report, on Capitol Hill in Washington, DC, on June 21, 2023. — AFP pic

Stocks dip as Fed Chair Powell warns of more ‘moderate’ rate hikes

A man walks in front the Central bank headquarters building in Brasilia, Brazil October 4, 2021. — Reuters pic

Brazil holds key interest rate, no signal on easing

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SHANGHAI TANG SS24 "Source of Strength" Milan Menswear Fashion Week Museum Presentation on 19th June, 2023

The FTC has been investigating sign-up and cancellation processes for the Prime program since March 2021. — Reuters pic

Amazon duped millions of consumers into enrolling in Prime, US FTC says

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China Dongxiang Announces FY2022/23 Annual Results

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Global X ETFs: Artificial Intelligence, Robotics & Automation, and Mobility are the key investment themes for 2H2023

The European Union’s powerful lending arm, the European Investment Bank, expects to back its first ‘debt-for-nature’ swap this year as it bolsters efforts to stem biodiversity loss. — Reuters pic

EU’s powerful lending arm eyes first ‘debt-for-nature’ swap

In the previous session, Wall Street’s main indexes fell as investors booked profits in the wake of a sustained market rally amid signs of weakening global demand. Still, the benchmark S&P 500 has advanced 14.3 per cent so far this year. — AFP pic

Futures flat ahead of Powell’s congressional testimony

At 6pm, the local note ended at 4.6430/6470 against the greenback compared with 4.6385/6425 at the close yesterday. — Bernama pic

Ringgit ends easier versus US dollar, strengthens against Asean currencies

Pollution management topped the environmental protection expenditure in 2021 at RM2.21 billion, followed by waste management expenditure at RM803.7 million. — AFP pic

Stats Dept: Malaysia’s industries spent RM3.1b on environmental protection in 2021