Malaysia’s producer price index rises 1.4% in May 2024 – DoSM
KUALA LUMPUR: Malaysia’s Producer Price Index (PPI), which measures the price changes of goods at the producer level, increased by 1.4…
Category: Economy
Rate cut to come at some point, says Cook
Federal Reserve (Fed) governor Lisa Cook says it will be appropriate to reduce interest rates “at some point”, adding that…
UK Labour to seek economic growth of 2.5%
Keir Starmer, who polls show is on course to be Britain’s next prime minister, says his Labour Party would target…
Bond traders bet on 300 bps of Fed cuts by March
Traders in the US rates options market are embracing a nascent wager on the Federal Reserve’s (Fed) interest rate path:…
Faster inflation raises risk of RBA rate hike
Australia’s inflation accelerated faster than expected for a third straight month in May, sending the currency higher as traders boosted…
‘Crazy’ to intervene on yen before PCE data
The next big pain point for the yen – and a potential trigger for intervention from Japan – may emerge…
Green farming to help China raise food security
Developing green agriculture and enhancing cooperation with partners participating in the Belt and Road Initiative (BRI) will help China and…
Foreign investment inflows for 2023 reach RM40.4bil
Malaysia recorded foreign direct investment (FDI) net inflows of RM40.4bil in 2023 from RM75.4bil the previous year, says the Statistics…
NZ eyes more spending cuts, revenue options
New Zealand’s Treasury Department is examining further measures to reduce government spending and increase revenue as the weak economy continues…