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…
New Zealand’s 1Q jobless figure hits three-year high
New Zealand’s jobless rate rose to a three-year high in the first quarter and employment unexpectedly fell as high interest…
Progress in solar power export plan
President Joko “Jokowi” Widodo has announced that the government will move forward with a plan to enable the export of…
Recto pegs 1Q GDP growth at below 6%
Finance Secretary Ralph Recto says it is possible that the Philippine economy will grow below 6% in the first quarter…
Malaysia’s manufacturing PMI rises to 49.0 in April, suggesting improved GDP growth – S&P Global
KUALA LUMPUR: The seasonally adjusted S&P Global Malaysia manufacturing purchasing managers’ index (PMI) rose to 49.0 in April from 48.4…