BOJ chief Ueda signals chance of July rate hike
TOKYO: Bank of Japan Governor Kazuo Ueda said the central bank could raise interest rates next month depending on economic data…
Category: Economy
Malaysia, China likely to discuss wide range of issues to enhance economic collaboration – experts
KUALA LUMPUR: Malaysia and China are likely to discuss issues focusing on innovation and inclusiveness, alongside green energy and commodities to enhance investments…
Singapore’s May exports down 0.1% y/y, better than forecast
SINGAPORE: Singapore's non-oil domestic exports edged down 0.1% in May from the same month a year earlier, data on Tuesday…
Global rate cut juggernaut is struggling to start
NEW YORK: Central banks cagey about joining the global interest rate cutting cycle may reveal themselves this week with a…
Australia expected to keep key interest rate at 12-year high today
SYDNEY: Australia’s central bank will likely hold its key interest rate at a 12-year high today as it tries to…
External debt up in 1Q, say Philippine government officials
Manila: The Philippines’ total foreign debt inched up to US$128.7bil in the first quarter amid “positive investor sentiment” that encouraged…
Huge rice imports won’t burden weak peso – Central bank reveals it has sufficient forex reserves
MANILA: There’s a minimal risk that the projected increase in inbound shipments of rice as a result of lower tariffs…
Emerging market bond rally comes under threat
NEW YORK: The balmy days of dovish monetary policy that fuelled a rally in emerging market bonds looks to be…
Japan core machinery orders down in April
TOKYO: Japan’s core machinery orders fell in April for the first time in three months, government data showed yesterday, due…