Central banks

War turmoil saps Asian reserves with Philippines, India hit most

While central banks have been active to support their currencies, losses are significant

Malaysia has lifted its growth forecast for 2026 after the economy grew faster than estimated last year, overcoming challenges posed by US tariffs.

Global central banks boost their holdings of Malaysian sovereign bonds

The nation’s strong currency and stable economic growth have been a key allure for global investors

Ships and tankers in the Strait of Hormuz, which has oscillated between opening and closure.
CIO CORNER

Investing in an energy-driven world

Capital deployed into low energy-intensity, high-quality compounders should outperform

US Treasury Secretary Scott Bessent said: “Many of our Gulf allies have requested swap lines.”

Bessent says US allies in Gulf, Asia requested swap lines

Federal Reserve maintains open lines with a handful of peers

The US dollar lost over 12 per cent versus a basket of other top currencies between January last year and this year, although it has reclaimed around a third of the ground since.

Central banks’ concern over rising geopolitical tensions surges: survey

Almost 70 per cent of banks surveyed ranked geopolitics as their top risk

Any protracted increase in oil prices is likely to be magnified by the fact that governments are running low on policy ammunition to counter it.

Why this oil shock is different

Governments and central banks are out of policy ammunition to contain the economic fallout

Bond traders have flocked to markets with stronger buffers against energy‑driven inflation shocks, including Malaysian sovereign bonds.
ASEAN BUSINESS

Amid an emerging market bond sell-off, traders eye attractive Asean moves

Malaysia and Philippine debt could see inflows, but Iran conflict may keep credit conditions fragile

A survey by the Philippines' central bank shows the country's economy was on the verge of a potential economic turnaround before the Iran conflict.
ASEAN BUSINESS

Philippines’ businesses hoped to turn the corner in 2026 – then oil prices spiked overnight

Dire straits beckon as central bank holds unscheduled policy rate meeting amid fuel emergency

To help in its efforts to develop a gold hub, Hong Kong has secured the support of various international and Chinese state-owned banks.

Hong Kong woos central banks in bid to become gold-trading hub

The city is targeting Belt and Road nations for the institutional clout to rival London as a global centre: sources