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…
Category: Economy
‘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…
Prices likely to nudge up in second half-year
Economists are forecasting inflation to be on the uptick for the second half of 2024 (2H24), underpinned by steady domestic…
Gradual comeback likely for chip sector
The growth of Malaysia’s semiconductor industry in the second half of 2024 will be gradual despite high hopes and optimism…
China’s industrial profits rise at slower pace in May amid patchy recovery
BEIJING: China's industrial profits rose at a much slower pace in May, official data showed on Thursday, underlining the struggles faced…
DIO approves RM162bil digital investments as at March
The Digital Investment Office (DIO) has approved a total of RM161.97bil in digital investments from the period of its establishment…