IN recent decades, investments have taken a backseat in the Malaysian economy, as the country becomes more consumption-driven.
From 40% of the gross domestic product (GDP) in the mid-1990s, the share of investments has fallen since the 1997 financial crisis to around 20% currently.
Japan is about to see whether wage hikes will be strong enough to prompt the central bank to conduct its first interest rate hike since 2007 as early as next week, a move that would influence prices on everything from financial assets to mortgages to daily necessities.
According to Microsoft’s web page about its presence in China, the company has operated there since 1992. …
The world’s costliest weapons programme, Lockheed Martin Corp’s F-35 fighter jet, is getting even more expensive, according to a government watchdog.