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Central banks

Malaysia’s central bank upbeat as Q2 growth beats expectations

Bank Negara Malaysia projects economic growth of 4 per cent to 5 per cent in 2026.
Bank Negara Malaysia projects economic growth of 4 per cent to 5 per cent in 2026.

News analysis

Yen intervention puts China’s renminbi under more pressure

China’s central bank has recently been setting the renminbi’s daily fixing at a weaker-than-expected level, in what could indicate its effort to temper the currency’s rally. 
China’s central bank has recently been setting the renminbi’s daily fixing at a weaker-than-expected level, in what could indicate its effort to temper the currency’s rally. 

AI is boosting UK productivity and harming jobs, says Bank of England

Bank of England governor Andrew Bailey said that AI has the potential to break the economy out of its prolonged period of weak growth.
Bank of England governor Andrew Bailey said that AI has the potential to break the economy out of its prolonged period of weak growth.

China’s central bank pledges timely policy tool adjustment

Pan Gongsheng, governor of People’s Bank of China, speaking at the Lujiazui Forum 2026 in Shanghai on June 17.
Pan Gongsheng, governor of People’s Bank of China, speaking at the Lujiazui Forum 2026 in Shanghai on June 17.

Rare Japan-South Korea joint intervention shakes up yen and won

The yen was lifted away from the 40-year lows, while the Korean won firmed 2 per cent to its highest in nine months.
The yen was lifted away from the 40-year lows, while the Korean won firmed 2 per cent to its highest in nine months.

MAS records $20 billion net profit on strong investment gains

Investment gains were strong as the global economy remained resilient to repeated shocks, said MAS managing director Chia Der Jiun.
Investment gains were strong as the global economy remained resilient to repeated shocks, said MAS managing director Chia Der Jiun.

Japan’s Finance Minister Katayama touts ‘smooth’ government relations with BOJ

Japan’s Finance Minister Satsuki Katayama brushed aside the view that the administration sought to signal its reservation over rising interest rates.
Japan’s Finance Minister Satsuki Katayama brushed aside the view that the administration sought to signal its reservation over rising interest rates.

Indonesia central bank governor Perry Warjiyo steps down in surprise move

Indonesia’s central bank governor Perry Warjiyo has stepped down reportedly for personal reasons.
Indonesia’s central bank governor Perry Warjiyo has stepped down reportedly for personal reasons.

Weak British jobs market holds steady as new PM takes office

The wage growth is unlikely to add to pressure on the Bank of England to raise interest rates.
The wage growth is unlikely to add to pressure on the Bank of England to raise interest rates.

US stocks advance as jobs data dims prospect of Fed rate hike

The S&P 500 Index advanced 0.6 per cent by 9.42am in New York, rallying from the July 1 down session. Meanwhile, the technology-heavy Nasdaq 100 Index gained 0.4 per cent.
The S&P 500 Index advanced 0.6 per cent by 9.42am in New York, rallying from the July 1 down session. Meanwhile, the technology-heavy Nasdaq 100 Index gained 0.4 per cent.

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MDDI (P) 046/10/2025. Published by SPH Media Limited, Co. Regn. No.202120748H. Copyright © 2026 SPH Media Limited. All rights reserved.