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Category: Economy

Economy

Potential exports of RM2.4bil from Kazakhstan, Uzbekistan signal opportunities in Central Asia – Tengku Zafrul

May 22, 2024

KUALA LUMPUR: Potential exports worth RM2.4 billion from businesses in Kazakhstan and Uzbekistan indicate numerous opportunities for Malaysian companies to…

Economy

Targeted diesel subsidy to strengthen govt fiscal position, improve resource allocation – economist

May 22, 2024

KUALA LUMPUR: The implementation of a targeted diesel subsidy for consumers in Peninsular Malaysia, expected to save RM4 billion annually,…

Economy

Fed officials urge patience on timing of initial rate cut

May 22, 2024

WASHINGTON/AMELIA ISLAND: Federal Reserve policymakers said on Tuesday the U.S. central bank should wait several more months to ensure that inflation…

Economy

Vietnam’s retail real estate draws major international interest

May 22, 2024

Vietnam’s retail real estate market is thriving in terms of scale and quality, with occupancy rates above 90% in major…

Economy

China’s consumer electronics sales emerge from ‘winter slump’

May 22, 2024

After enduring nearly two years of a “winter slump”, the Chinese consumer electronics market is showing signs of recovery, with…

Economy

Manufacturing industry capacity utilisation hits 80.8%

May 22, 2024

The manufacturing industry operated at 80.8% capacity in the first quarter of 2024 (1Q24), up from 79.8% a year ago,…

Economy

Efforts to promote carbon capture move forward

May 22, 2024

Efforts are under way to move forward preparation for a comprehensive legal framework to implement carbon capture, utilisation and storage…

Economy

UK inflation pressure stays hot, dashing hopes for June rate cut

May 22, 2024

LONDON: Inflation in Britain eased less than expected and a key core measure of prices barely dropped, prompting investors to…

Economy

US announces details on higher China tariffs, some to start Aug 1

May 22, 2024

WASHINGTON: The U.S. Trade Representative's office on Wednesday said some of the steep tariff increases on an array of Chinese…

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Crypto World

1
Cryptocurrency

G7 summit could discuss North Korea’s crypto hacks: Report

May 8, 2025

Group of Seven (G7) leaders could discuss North Korea’s escalating cyberattacks and crypto thefts at an upcoming summit in Canada, mid-next month.Conflicts in Ukraine and Gaza will dominate discussions, but North Korea’s increasing cyber threats…

2
Cryptocurrency

US banks can handle customer crypto assets held in custody, regulator confirms

May 8, 2025

The US Office of the Comptroller of the Currency (OCC) has confirmed banks under its jurisdiction can trade crypto on behalf of customers and outsource some crypto activities to third parties. Acting comptroller Rodney Hood said…

3
Cryptocurrency

Trump crypto adviser David Bailey raises $300M for Bitcoin investment firm

May 8, 2025

David Bailey, CEO of crypto media company BTC Inc. and a close adviser to US President Donald Trump on digital assets, has reportedly raised $300 million to launch a new Bitcoin investment firm.The venture, named…

4
Cryptocurrency

60K Bitcoin addresses leaked as LockBit ransomware gang gets hacked

May 8, 2025

Almost 60,000 Bitcoin addresses tied to LockBit’s ransomware infrastructure were leaked after hackers breached the group’s dark web affiliate panel. The leak included a MySQL database dump shared publicly online. It contained crypto-related information that could…

Economy

Economy

Apple says Epic Games contempt ruling could cost ‘substantial sums’

May 8, 2025
Economy

Trump crypto advisor David Bailey launching $300 million bitcoin investment company

May 8, 2025
Economy

UK set to become the first country to sign a trade deal with U.S., The New York Times reports

May 8, 2025
Economy

Trump digs in on high China tariffs ahead of trade talks

May 8, 2025
Economy

Fed holds rates steady as it notes rising uncertainty and stagflation risk

May 8, 2025
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