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Malaysia's Finance Minister: Local automotive suppliers relocating to the Automotive Hi-Tech Valley between 2027 and 2030 will be eligible for tax breaks of up to RM5 million.

2026-10-09

Malaysia's Finance Minister: Local automotive suppliers relocating to the Automotive Hi-Tech Valley between 2027 and 2030 will be eligible for tax breaks of up to RM5 million.

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2026-10-08

Bank of England Governor Bailey will speak in ten minutes.

Bank of England Governor Bailey will speak in ten minutes.
2026-10-09

BofA strategist Michael Hartnett says investors are shifting into money-market funds at the fastest pace since the COVID pandemic and that trend is unlikely to reverse near term unless the Fed implements large-scale monetary easing and sustained rate

BofA strategist Michael Hartnett says investors are shifting into money-market funds at the fastest pace since the COVID pandemic and that trend is unlikely to reverse near term unless the Fed implements large-scale monetary easing and sustained rate cuts. Week to Oct. 7: money-market funds net inflows $166.4bln, bond funds $33.8bln, equity funds $12.4bln — both far smaller than MMF flows. Hartnett: If the Fed does not cut, investors will not reduce cash holdings. He sees the US midterm elections as the most likely catalyst for outsized equity volatility in 2027 and, given the current tightening cycle and ongoing tightening of financial conditions, favors a defensive reduction in risk exposure ahead of the midterms.
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