Stock Market & Investment News
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Russia unexpectedly slashes rates
MOSCOW: Russia’s central bank unexpectedly cut its key interest rate, the most in nearly two decades, offering relief to the recession-bound economy in a sign of confidence it can start to reverse some of the steep monetary tightening delivered after the invasion of Ukraine. Read full story
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The Fed and ECB in dilemma
MOST major banks have only one mandate – to achieve price stability so that economic growth can be achieved, and financial stability is contained. Read full story
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New career goal
Since the onset of the Covid-19 pandemic, more people are longing for work-life balance. Read full story
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Which route for PLUS?
MORE restructuring of highway operators is likely following the proposed takeover of four highway concessionaires linked to Gamuda Bhd by Amanat Lebuhraya Rakyat Bhd (ALR). Read full story