Efforts to promote carbon capture move forward
Efforts are under way to move forward preparation for a comprehensive legal framework to implement carbon capture, utilisation and storage…
Category: Economy
UK inflation pressure stays hot, dashing hopes for June rate cut
LONDON: Inflation in Britain eased less than expected and a key core measure of prices barely dropped, prompting investors to…
US announces details on higher China tariffs, some to start Aug 1
WASHINGTON: The U.S. Trade Representative's office on Wednesday said some of the steep tariff increases on an array of Chinese…
Potential exports of RM2.4bil from Kazakhstan, Uzbekistan signal opportunities in Central Asia – Tengku Zafrul
KUALA LUMPUR: Potential exports worth RM2.4 billion from businesses in Kazakhstan and Uzbekistan indicate numerous opportunities for Malaysian companies to…
Targeted diesel subsidy to strengthen govt fiscal position, improve resource allocation – economist
KUALA LUMPUR: The implementation of a targeted diesel subsidy for consumers in Peninsular Malaysia, expected to save RM4 billion annually,…
Fed officials urge patience on timing of initial rate cut
WASHINGTON/AMELIA ISLAND: Federal Reserve policymakers said on Tuesday the U.S. central bank should wait several more months to ensure that inflation…
Manufacturing industry capacity utilisation reaches 80.8% in 1Q – DoSM
KUALA LUMPUR: The manufacturing industry operated at 80.8 per cent capacity in the first quarter of 2024 (1Q 2024), up from…
Australia central bank pondered raising rates on higher inflation risks
SYDNEY: Australia's central bank decided to stand pat on interest rates at its May meeting in part to avoid "excessively…
Are climate concerns behind Indonesia’s capital city relocation?
WHILE the potential impacts of climate change, such as rising sea levels and increased flooding, could be significant, they do…