ECB to cut further if there’s progress on inflation
More progress towards the European Central Bank’s (ECB) 2% inflation target could provide grounds to lower interest rates further following…
Category: Economy
Global tech upcycle to underpin trade recovery
The Malaysian economy is projected to grow between 4% and 5% in 2024, supported by export recovery and resilient domestic…
Domestic tourism expenditure surges 25.3% in 1Q
Domestic tourism expenditure in the first quarter of 2024 (1Q24) soared 25.3% year-on-year to RM24.1bil, according to the Statistics Department.
Foreign stocks lift EPF earnings
Outperforming overseas investments, mainly foreign stocks, remained the biggest contributor to the Employees Provident Fund (EPF) as it generated RM9.88bil…
Ringgit likely to perform better in the long term
The ringgit is expected to perform better in the long term in tandem with the growth of the domestic economy…
How consumers hit a sweet spot with durian
Durians, once considered a niche fruit due to its high price and limited availability, is gradually making its way into…
US producer prices unexpectedly fall in May
WASHINGTON: U.S. producer prices unexpectedly fell in May amid lower energy costs, another indication that inflation was subsiding after surging…
Malaysia keeps inflation outlook for 2024 after diesel subsidy reforms
KUALA LUMPUR: Headline inflation in Malaysia is expected to remain within the government's projected range of 2% to 3.5% for…
Economy is on track for soft landing, says Chambers
Australia’s government is “cautiously confident” it can bring the economy in for a soft landing despite anemic growth in the…