Financial

Rate Hikes Alone Won't Curb Inflation


NEW YORK, U.S.--As inflation in the United States reaches new heights, economists are debating how high the Federal Reserve will need to hike interest rates to curb demand and rein in price growth. 

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Recession Storm Clouds Gathering


MICHIGAN, U.S.--There is a rising tide of warnings that the US, Europe and other areas of the world are rapidly moving towards a recession as significant data point in that direction.

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The Russia-Ukraine Conflict: Beyond The Nearer-Term Implications

LONDON, UK--Russia's regional ambitions represented a longstanding, open test. Yet, with the invasion of Ukraine on 24 February, Europe's security environment, Ukraine and Russia's economic outlook, the stability of markets have been thrown into the air and are in the process of reshuffling. 

 
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Why Monetary Policy Should Not Avoid Market Price Deflation

KUALA LUMPUR, Malaysia--: The Center for Market Education (CME) released its Policy Paper No 4, Why Monetary Policy Should Not Avoid Market Price Deflation, authored by Philipp Bagus (Professor of Economics at University King Juan Carlos, Madrid, Spain) and Carmelo Ferlito (CEO of the Center for Market Education, Malaysia).

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Expanding The Open RAN Ecosystem With A Wide Portfolio Of High-Performance O-RAN Compliant Radios

Singapore City, Singaore--Mavenir, the Network Software Provider building the future of networks with cloud-native software that runs on any cloud and transforms the way the world connects, today announces a wide portfolio of O-RAN compliant Radio Units (RUs) – expanding the Open RAN radio ecosystem, to provide Communications Service Providers (CSPs) with a wider choice of radios as they progress in rolling out open and interoperable networks.  

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Turkish Lira Hits Turbulence As Erdogan Cites Islam As Reason For Monetary Policy


BERLIN, Germany--Turkey's lira dropped further on Monday before recovering slightly following a speech by Turkish President Recep Tayyip Erdogan on state television that cited Islam as a reason for not raising interest rates despite a rapidly depreciating currency and rampant inflation.

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Bursa turns red before CNY, regional bourses rise

KUALA LUMPUR: Bursa Malaysia gave up early gains to close lower today, succumbing to selling pressure, and bucked the regional trend as investors turned cautious ahead of the Chinese New Year celebration at the end of this week.

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Ringgit opens higher against US dollar at opening

KUALA LUMPUR: The ringgit opened higher versus the US dollar on Tuesday, extending Monday’s gains on continued demand for the local note, supported by surging crude oil prices.

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