Day: September 22, 2022

Rudy Ramawy passes away

Rudy Ramawy, chairman of retailer company PT Matahari Putra Prima Tbk (MPPA) and vice president director of PT Multipolar Tbk (MLPL), both controlled by Lippo Group, has reportedly passed away on Thursday (Sep 22).

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Asian Markets Extend Fall on Hawkish Fed

Asian equity markets extended losses on Thursday, tracking a broad decline on Wall Street after the US Federal Reserve delivered its third straight 75 basis point rate hike and signaled further policy tightening until inflation...

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Dollar Hovers 2-Decade High on Fed Boost

The dollar index rose above 111.5 on Thursday, scaling its highest levels in 20 years, after the Federal Reserve delivered its third straight 75 basis point rate hike and offered a hawkish outlook for rates. Fed officials...

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Gold Weakens as Hawkish Fed Weighs

Gold prices weakened to around $1,660 an ounce on Thursday, sliding back towards the lowest levels in over two years, weighed down by a rallying dollar as the Federal Reserve delivered its third straight 75 basis point rate hike...

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