US lifts borrowing above forecasts to US$243bil
The US Treasury ramped up its estimate for federal borrowing for the current quarter to US$243bil, more than most dealers…
Category: Economy
Hong Kong businesses shut shop as city struggles to revive post pandemic
HONG KONG: When Jacky Yu, 48, opened his Japanese gift shop in Hong Kong more than a decade ago, the…
China’s factory, services activity growth slows in April
BEIJING: China's manufacturing and services activity both expanded at a slower pace in April, official surveys showed on Tuesday, suggesting…
GFIEF to help Malaysia regain positioning as top innovator in Islamic finance
RIYADH: The Global Forum of Islamic Economics and Finance (GFIEF), scheduled to be held in Kuala Lumpur end-May this year,…
New Zealand 1Q imports fall amid sluggish economy
New Zealand imports fell to the lowest since mid-2021 in the first quarter as a weak economy stems demand from…
Scrap processing makes many villagers richer
Over the past 30 years, many people in Khoai Village of Van Lam District, Hung Yen Province have rapidly gotten…
Malaysia’s CPI rises 1.8% in March
KUALA LUMPUR: Malaysia's inflation rose 1.8% in March 2024, unchanged from the previous month with the index points at 132.2…
Rafizi: Govt to share details on subsidy rationalisation mechanism
KUALA LUMPUR: Economy Minister Rafizi Ramli said the government will share details on the subsidy rationalisation plan, including its criteria…
South Korea Q1 GDP growth smashes estimates, but outlook’s uncertain
SEOUL: The South Korean economy grew at the fastest pace in more than two years in the first quarter beating…