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Day: 24 February 2023

Asian markets mixed, Tokyo boosted by Bank of Japan nominee

ASIAN markets were mixed today, with traders still occupied by long-running interest rate worries, though Tokyo rallied after the man tipped as Japan’s next central bank head made the case for keeping its ultra-loose policy. Analysts said the realisation that the Federal Reserve will further hike borrowing costs and hold them there appears to have […]

Warner Bros announces new ‘Lord of the Rings’ films

MULTIPLE new “Lord of the Rings” films are on the way from Warner Bros, the Hollywood studio behind Peter Jackson’s blockbuster Oscar-winning trilogy said yesterday. David Zaslav, chief executive officer of parent group Warner Bros. Discovery, told an earnings calls that recently appointed studio chiefs Mike De Luca and Pam Abdy had struck an agreement to […]

Umno must keep explaining why it joined unity govt, says Mahdzir

UMNO must continue to explain to the people why it chose to work with Pakatan Harapan in forming a unity government after the last general election, its vice-president Mahdzir Khalid said. Mahdzir, who will be defending his post in the coming party polls, said it was especially important to explain why it was working with […]

Bank of Japan’s next chief says monetary easing ‘appropriate’

THE Bank of Japan’s (BOJ) longstanding monetary easing policies are “appropriate”, its next governor Kazuo Ueda told parliament today, suggesting no sudden changes to the bank’s stance when he takes the helm in April. Ueda, an economics professor, was nominated last week to replace Haruhiko Kuroda, who is stepping down after a decade in the […]