Media Selangor

Asian stocks fall, dollar rises as rate cut wagers waver

SINGAPORE, May 24 — Asian stocks fell on Friday, while the dollar advanced as strong US economic data bolstered the prospect of interest rates staying higher for longer and the Federal Reserve taking its time in cutting rates, keeping investors away from risky assets.

Editor Selangor Journal

24 May 2024

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Media Selangor Sdn Bhd, a subsidiary of the Selangor State Government (MBI), is a government media agency. In addition to Selangorkini and SelangorTV, the company also publishes portals and newspapers in Mandarin, Tamil and English.

Media Selangor Sdn. Bhd.

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