South Korea extends rate pause, raises growth outlook
SEOUL: South Korea's central bank kept its benchmark policy rate steady for an 11th straight meeting on Thursday as the…
Category: Economy
Savings from fuel subsidies not expected to impact FDI or ringgit
The proposed removal of fuel subsidies is unlikely to impact the ringgit in any way unless it is used to…
Singapore Q1 GDP up 2.7% y/y, above market forecast
SINGAPORE: Singapore's economy grew 2.7% on a year-on-year basis in the first quarter of 2024, government data showed on Thursday,…
EC official sees big private chip investment
The European Chips Act is on track to help attract more than €100bil (US$108.41bil) worth of private investment to the…
Bank Indonesia signals no further rate increases
Indonesia’s central bank held interest rates unchanged yesterday, as expected, with governor Perry Warjiyo reiterating that the current benchmark level…
US to sell off strategic petrol reserves in northeast
The US Department of Energy says that it will sell off a million barrels of petrol from a small strategic…
UK inflation pressure stays hot, dashing hopes for June rate cut
LONDON: Inflation in Britain eased less than expected and a key core measure of prices barely dropped, prompting investors to…
US announces details on higher China tariffs, some to start Aug 1
WASHINGTON: The U.S. Trade Representative's office on Wednesday said some of the steep tariff increases on an array of Chinese…
Potential exports of RM2.4bil from Kazakhstan, Uzbekistan signal opportunities in Central Asia – Tengku Zafrul
KUALA LUMPUR: Potential exports worth RM2.4 billion from businesses in Kazakhstan and Uzbekistan indicate numerous opportunities for Malaysian companies to…