Domestic demand to galvanise GDP in 2Q
China’s manufacturing activity expanded for the second consecutive month in April, official survey results showed, pointing to a modest recovery…
Category: Economy
China eyes closer economic links with Gulf countries
Amid shifting global dynamics, China and the Gulf states are forging deeper economic connections, particularly in renewable energy, financial markets,…
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…
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…
Japan’s factory output records weakest quarter since pandemic
Japan’s factory output rebounded in March from a dismal start to the year, with the quarterly figure registering the weakest…
China travel surges for May holiday but consumers remain wary
TRAVEL by rail and car across China surged on Wednesday, the first day of a major public holiday, as consumers…
South Korea exports rise for seventh month on growing chip demand
SEOUL: South Korea's exports rose for a seventh straight month in April, trade data showed on Wednesday, as strong demand…