MNI China Daily Summary: Monday, March 3

MNI BRIEF: No Surprises For ECB As Inflation Slows In February

MNI: UK FINAL FEB MANUF PMI 46.9 (FLASH: 46.4); JAN 48.3

MNI: China CFETS Yuan Index Up 0.27% In Week of Feb 28

MNI: PBOC Net Drains CNY195.5 Bln via OMO Monday

MNI: PBOC Sets Yuan Parity Higher At 7.1745 Mon; -1.16% Y/Y

MNI: EUROZONE FEB FLASH HICP +2.4% Y/Y

MNI: UK BOE JAN MORTGAGE APPROVALS 66,189

MNI: UK JAN M4 MONEY SUPPLY +1.3% M/M, +4.1% Y/Y

GERMANY: Official Interim Election Results Tilt Towards Missing BSW & FDP

GERMANY: Economy Ministry Lowers 2025 Growth Forecast As Expected

© 1982-2025 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

MALAYSIA: Country Wrap:   Semiconductor Exports Growing. 

MALAYSIA
EM BulletBulletAPACEmerging Market News
  • According to the President of the Malaysia Semi-Conductor Industry Association, exports for 2024 totaled MYR601bn a rise of MYR575bn in 2023.  The President suggested that Malaysia’s neutral stance on geopolitical issues is working in its favour (source: BBG).
  • Bank Negara Malaysia (BNM), Bank Indonesia (BI) and the Bank of Thailand (BOT) today announced the adoption of a harmonised Local Currency Transaction Framework Operational Guidelines (LCTF OG) and the expansion of eligible cross-border transactions under the framework to help facilitate local currency transactions across the three countries.  (source: BNM).
  • For a fourth successive day, the FTSE KLCI has lost ground down -0.07% today.
  • MYR: the ringgit was one of the worst performers of its regional peers today losing -.33% to be at 4.4478.
  • Bonds: MGS 10YR rallied today to see the yield decline 1bp to 3.80%
134 words

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
  • According to the President of the Malaysia Semi-Conductor Industry Association, exports for 2024 totaled MYR601bn a rise of MYR575bn in 2023.  The President suggested that Malaysia’s neutral stance on geopolitical issues is working in its favour (source: BBG).
  • Bank Negara Malaysia (BNM), Bank Indonesia (BI) and the Bank of Thailand (BOT) today announced the adoption of a harmonised Local Currency Transaction Framework Operational Guidelines (LCTF OG) and the expansion of eligible cross-border transactions under the framework to help facilitate local currency transactions across the three countries.  (source: BNM).
  • For a fourth successive day, the FTSE KLCI has lost ground down -0.07% today.
  • MYR: the ringgit was one of the worst performers of its regional peers today losing -.33% to be at 4.4478.
  • Bonds: MGS 10YR rallied today to see the yield decline 1bp to 3.80%