Arkib Harian: April 19, 2024

RHB IB expects 4.2% y-o-y for 1Q GDP print

RHB IB expects 42 y o y for 1Q GDP print

KUALA LUMPUR: RHB Investment Bank Bhd is expecting an upside bias towards 4.2 per cent year-on-year (yoy) for first quarter 2024 (1Q 2024) gross domestic product (GDP) print, which is scheduled to be released on May 17, 2024. The projection is higher than the Statistics Department Malaysia’s (DOSM) 3.9 per …

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Explainer-Bitcoin’s ‘halving’: what is it and does it matter?

Explainer Bitcoins halving what is it and does it matter

LONDON (Reuters) – Bitcoin’s long-anticipated ‘halving’ is, depending on where you sit, a vital event that will burnish the cryptocurrency’s value as an increasingly scarce commodity, or little more than a technical change talked up by speculators to inflate its price. The halving comes after bitcoin hit an all-time high …

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