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Category: Economy

Economy

Producer price index up 1.9% in April, from 1.6% in March

May 29, 2024

Malaysia’s producer price index (PPI), which measures the price changes of goods at the producer level, increased by 1.9% year-on-year…

Economy

Timely push for chip sector

May 29, 2024

The government’s allocation of RM25bil in fiscal support under the National Semiconductor Strategy (NSS) is a watershed moment for the…

Economy

Australia inflation quickens to 5-month high, sounding rate alarm

May 29, 2024

SYDNEY: Australian consumer price inflation unexpectedly picked up to a five-month high in April due in part to increases in petrol,…

Economy

Vietnam firms aim to boost agricultural exports to China by rail

May 29, 2024

Businesses are boosting farm exports to China by rail, thanks to it being quick, cheaper and a more reliable form…

Economy

Thailand Economic chiefs weigh steps to bolster growth

May 29, 2024

Thailand’s economic chiefs have underscored the need for urgent stimulus measures and improved access to credit for small business to…

Economy

SBV: Exchange rate rumours are inaccurate

May 29, 2024

The State Bank of Vietnam (SBV) has denounced a rumour about changes in its exchange rate management as inaccurate and…

Economy

Vietnam strives to enhance skilled workforce

May 29, 2024

Bac Giang Province is focusing on developing a high-skilled workforce to bring in investments in the semiconductor industry and seize…

Economy

Bets on Canada rate cut bring hope for banks

May 29, 2024

Investors up and down Toronto’s Bay Street are increasingly betting on a June rate cut in Canada, potentially giving a…

Economy

US to sell off strategic petrol reserves in northeast

May 23, 2024

The US Department of Energy says that it will sell off a million barrels of petrol from a small strategic…

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Crypto World

1
Cryptocurrency

Is Bitcoin about to go parabolic? BTC price targets include $160K next

May 9, 2025

Key points:Bitcoin continues to attack a key resistance zone below all-time highs.“Parabolic” BTC price talk begins to resurface as bulls hold six figures after the Wall Street open.Signs of profit-taking are increasing amid the highest…

2
Cryptocurrency

AI's GPU obsession blinds us to a cheaper, smarter solution

May 9, 2025

Opinion by: Naman Kabra, co-founder and CEO of NodeOps NetworkGraphics Processing Units (GPUs) have become the default hardware for many AI workloads, especially when training large models. That thinking is everywhere. While it makes sense…

3
Cryptocurrency

Chance of Bitcoin price highs above $110K in May increasing — Here’s why

May 9, 2025

Key Takeaways:Bitcoin is driven by its ability to perform well in risk-on and risk-off environments, according to Bitcoin Suisse. Bitcoin’s Sharpe ratio of 1.72, second only to gold, underscores its maturity as an asset, offering…

4
Cryptocurrency

Galaxy Digital approved for US domicile, clearing way for Nasdaq listing

May 9, 2025

Galaxy Digital has been approved by the US Securities and Exchange Commission (SEC) to redomicile in the United States, setting the stage for the crypto investment company’s listing on the Nasdaq stock exchange.Galaxy anticipates listing on…

Economy

Economy

Lyft shares pop 20% after buyback; CEO says there are no signs of worry in the consumer

May 9, 2025
Economy

Trump backs tax hike on the rich, but says GOP ‘probably’ shouldn’t do it

May 9, 2025
Economy

First Chinese freight ship goods hit with Trump’s 145%-plus tariffs arriving at U.S. ports

May 9, 2025
Economy

Cargo thieves are attacking the U.S. supply chain at alarming rates

May 9, 2025
Economy

Trump suggests cutting China tariff rate to still-high 80% ahead of Switzerland talks

May 9, 2025
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