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Foreigners Extend Selling Streak In Asia, Reaching US$13.61 Bln Total Outflows - MBSB IB

KUALA LUMPUR, June 15 (Bernama) -- Foreign investors extended a two-week net selling streak across the eight markets in Asia, with net foreign outflows totalling US$13.61 billion (US$1=RM4.04), according to MBSB Investment Bank Bhd (MBSB IB).

Bursa Malaysia Gains At Opening On Renewed Buying In Technology Stocks

KUALA LUMPUR, June 15 (Bernama) -- Bursa Malaysia opened higher on Monday, tracking overnight gains on Wall Street as investors returned to technology stocks, which continue to benefit from the ongoing artificial intelligence (AI) supercycle.

Short-term Rates Set To Remain Stable Next Week On BNM Operations

KUALA LUMPUR, June 13 (Bernama) -- Short-term interbank rates are expected to remain stable next week, supported by Bank Negara Malaysia’s (BNM) continued operations to absorb excess liquidity from the financial system.

Higher BI-Rate, Fuel Price Hike Test Indonesia's Economic Balancing Act

By Nik Nurfaqih Nik Wil

JAKARTA, June 13 (Bernama) -- Indonesia's decision to raise the BI-Rate and increase non-subsidised fuel prices within days highlights the government's effort to support the rupiah and ease fiscal pressures, although the measures are expected to add pressure on households and businesses, analysts say.