Nigerian inflation rises to 28-year high in May
ABUJA: Nigeria’s annual inflation rose to a new 28-year high of 33.95% in May, official data show, worsening hardships that…
Category: Economy
Peru economy expands 5.28% in the first quarter
LIMA: Peru’s gross domestic product (GDP) in the first quarter expanded 5.28% in April from a year earlier, according to…
Bidenomics leaves behind an industrial heartland
NEW YORK: President Joe Biden’s trio of legislative packages designed to revive US manufacturing prowess is already helping regions from…
China’s May industrial output misses forecasts, retail sales a bright spot
BEIJING: China's May industrial output lagged expectations with the property sector still weak, adding pressure on Beijing for policy support…
Right time to resume FTA talks with EU
PETALING JAYA: Malaysia is better positioned to negotiate a free trade agreement (FTA) with the European Union (EU) this time…
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…