US to sell off strategic petrol reserves in northeast
The US Department of Energy says that it will sell off a million barrels of petrol from a small strategic…
Category: Economy
Exports rise but soft demand weighs on growth
apan’s exports rose for a fifth straight month in April, helped by a boost in value from the weak yen,…
UK inflation cools less than expected
UK inflation fell less than expected last month, fuelling doubt about when the Bank of England (BoE) can start cutting…
Krugman says he’s ‘fanatically confused’ on where rates are going
Nobel laureate in economics Paul Krugman says it’s entirely unclear where interest rate levels are headed over the medium term,…
Yield at 11-year high amid bets for further tightening
Japan’s 10-year government bond yield rose to an 11-year high of 1% amid mounting bets for further Bank of Japan…
UK central bank warns markets of change
Bank of England (BoE) governor Andrew Bailey says markets should prepare for a big increase in securities repurchase operations as…
Singapore April core inflation at 3.1% y/y, matching forecasts
SINGAPORE: Singapore's key consumer price gauge rose 3.1% in April on a yearly basis, in line with economists' forecasts, official…
High capacity signals economic recovery
The manufacturing industry operating at 80.8% for the first quarter of 2024 (1Q24) is a good signal that the economy…
Vibrant semiconductor industry fortifies Malaysia’s role as reliable regional partner – PM
TOKYO: Malaysia's vibrant semiconductor industry bolsters its position as a reliable regional partner in manufacturing, trade, and innovation, said Prime…