Malaysian Imports YoY (Jan) Y/Y 5.3% vs. Exp. 9.9% (Prev. 12.0%, Rev. From 12%)
The weaker-than-expected Malaysian imports growth of 5.3% vs.
NORAD says it detected and tracked two Tu-95s and two Su-35s and one A-50 operating Alaskan ADIZ on February 19th, while it launched several aircraft to intercept and positively identify, and escort the aircraft until they departed the Alaskan ADIZ
ECB's Lagarde says her baseline is finishing the ECB term, according to WSJ
Malaysian Imports YoY (Jan) Y/Y 5.3% vs. Exp. 9.9% (Prev. 12.0%, Rev. From 12%)
Westpac (WBC AT) cuts fixed home loan rates in New Zealand across three-, four- and five-year terms, according to NZ Herald
PRE-MARKET INDIAN STOCKS NEWS: ABB India (ABB IS) Q4 (INR) consolidated profit declined 18.1% Y/Y to 4.3bln (prev. 5.3bln), while revenue increased 5.7% Y/Y to 35.6bln (prev. 33.6bln)
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an expectation of 9.9% could indicate softening domestic demand, raising concerns about economic momentum. With the prior figure also revised down to 12%, this trend may suggest adjustment in import habits, potentially impacting the trade balance and influencing monetary policy considerations going forward.
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