US weekly jobless claims unchanged; layoffs decline in April
WASHINGTON: The number of Americans filing new claims for unemployment benefits held steady at lower levels last week as the…
Category: Economy
Indonesia’s inflation rate eases slightly in April
JAKARTA: Indonesia's annual inflation rate cooled slightly in April as pressure from some food prices eased as the harvest season…
Fed likely to signal delay in interest rate cuts
Federal Reserve (Fed) officials are poised to keep interest rates steady for a sixth consecutive meeting and signal no plans…
Ringgit to maintain resilience
With expectations fading quickly that the US Federal Reserve (Fed) will execute multiple rate cuts this year, all eyes are…
South Korea export growth accelerates
South Korea’s export growth accelerated last month, in a sign the economy can sustain its momentum after a faster-than-expected expansion…
China travel surges for May holiday but consumers remain wary
TRAVEL by rail and car across China surged on Wednesday, the first day of a major public holiday, as consumers…
South Korea exports rise for seventh month on growing chip demand
SEOUL: South Korea's exports rose for a seventh straight month in April, trade data showed on Wednesday, as strong demand…
China’s economic outlook is far from gloomy
CHINA's vast economy — 1.4 billion people spread over 9.6 million square kilometers and a $18 trillion GDP — is…
Japan’s factory activity falls slow, PMI shows
TOKYO: Japan's factory activity shrank at a slower pace in April as declines in output and new orders eased, a…