Malaysian capital market rides out global volatility in 2023

KUALA LUMPUR, Dec 26 — As they say, when the United States sneezes, the world catches a cold.

Global markets have been seesawing erratically since the beginning of the year when the US was shaken by a series of bank failures which led to the spiral of debt costs and risks of recession, culminating in a downgrade to its credit rating outlook by rating assessors such as Moody’s and Fitch.


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