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Category: Economy

Economy

Four political cases affecting Thailand’s economy

June 19, 2024

This week is seeing the developments of four political cases in Thailand.

Economy

Trump plans to exempt tips from taxation

June 19, 2024

Donald Trump’s new proposal to exempt tips from taxation would add between US$150bil to US$250bil to the federal budget deficit…

Economy

Favourable upstream prospects on Brent prices

June 19, 2024

The outlook for the Malaysian upstream oil and gas (O&G) segment is expected to be favourable, with Brent crude oil…

Economy

Slower retail sector likely in second quarter

June 19, 2024

As more Malaysians feel the pinch of inflation and the rising cost of living, many have been forced to re-evaluate…

Economy

Competitive ranking slips

June 19, 2024

Malaysia’s 34th position in the 2024 World Competitiveness Ranking marks its poorest performance in years, as neighbouring Singapore regained its…

Economy

Australia expected to keep key interest rate at 12-year high today

June 18, 2024

SYDNEY: Australia’s central bank will likely hold its key interest rate at a 12-year high today as it tries to…

Economy

External debt up in 1Q, say Philippine government officials

June 18, 2024

Manila: The Philippines’ total foreign debt inched up to US$128.7bil in the first quarter amid “positive investor sentiment” that encouraged…

Economy

Huge rice imports won’t burden weak peso – Central bank reveals it has sufficient forex reserves

June 18, 2024

MANILA: There’s a minimal risk that the projected increase in inbound shipments of rice as a result of lower tariffs…

Economy

Emerging market bond rally comes under threat

June 18, 2024

NEW YORK: The balmy days of dovish monetary policy that fuelled a rally in emerging market bonds looks to be…

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Crypto World

1
Cryptocurrency

Can XRP price reach $20? These charts say ‘full bull’ phase is still ahead

July 19, 2025

Key takeaways:XRP price just hit multiyear highs of $3.66, but technicals suggest there’s more room to run. Multiple XRP charts signal a potential “explosive” move, targeting $7-$20 if key resistances are broken.XRP (XRP) price has…

2
Cryptocurrency

Crypto rules for mortgages must reflect self-custody reality

July 19, 2025

Opinion by: Margaret Rosenfeld, chief legal officer of EverstakeThe Federal Housing Finance Agency’s (FHFA) recent directive to explore how cryptocurrency might be included in single-family mortgage risk assessments is a welcome and long-overdue step. If…

3
Cryptocurrency

Indian crypto exchange CoinDCX hacked, $44 million drained

July 19, 2025

Indian cryptocurrency exchange CoinDCX was hacked on Friday, leaving the exchange drained of $44 million. The hackers compromised one of CoinDCX’s internal accounts used for “liquidity provisions” with another exchange through a server breach.No user funds…

4
Cryptocurrency

Macro drivers will dampen Bitcoin’s halving cycle — Tim Draper

July 19, 2025

Macroeconomic drivers, including the decline of the US dollar (USD), will dampen the effects of the Bitcoin (BTC) halving cycle, which is the source of the market booms and busts that have been a feature…

Economy

Economy

Astronomer CEO Andy Byron resigns after viral Coldplay ‘kiss cam’ controversy

July 21, 2025
Economy

With another tariff deadline looming, these 10 things are going the right way for stocks

July 21, 2025
Economy

How Huawei ascended from telecoms to China’s ‘jack of all trades’ AI leader

July 21, 2025
Economy

Aug. 1 is ‘hard deadline’ for Trump’s tariffs, Commerce Secretary Lutnick says

July 21, 2025
Economy

Trump disputes WSJ report on Bessent talking him out of firing Powell

July 21, 2025
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