Sharp, essential news and analysis from Malaysia.
President Trump is pursuing the removal of Federal Reserve Governor Lisa Cook over mortgage fraud allegations, according to White House correspondence, after the Supreme Court rejected his earlier attempt in June.
Malaysia's ringgit is positioned to remain stable between 3.90 and 4.20 against the US dollar through the second half of 2026, supported by robust economic growth, record trade figures and consistent central bank policy.
The Dewan Rakyat has endorsed the allocation of RM14.5 billion remaining from Malaysian Government Investment Issues sold in early 2026 toward the Development Fund, part of the government's broader debt management and infrastructure financing strategy.
European negotiators are finalising legislation for a digital euro, expected to launch in 2029 following a 2025 pilot phase. The ECB-issued currency aims to strengthen monetary sovereignty and reduce reliance on US payment firms.
The European Parliament has given strong backing to plans for a digital euro, with lawmakers voting 416-169 to advance the project. The move challenges US payment dominators and aims for a 2029 launch.
Analysts across major Malaysian research houses predict Bank Negara Malaysia will maintain its overnight policy rate at 2.75 per cent through the end of 2026, underpinned by improving economic growth and stable inflation expectations.
MBSB Investment Bank has upgraded Malaysia's 2026 GDP growth forecast to 4.5%, supported by robust export performance and contained inflation. Bank Negara is expected to maintain the Overnight Policy Rate at 2.75% throughout the year.
CIMB Treasury projects Bank Negara Malaysia will keep its overnight policy rate unchanged at 2.75% this Thursday, citing softer global oil prices and reduced inflation pressures following the US-Iran ceasefire.