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…
Category: Economy
Pakistan to raise power prices in move to secure IMF loan
LAHORE: Pakistan is raising power prices by an average of 20% to bolster its chances of securing a new loan…
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…
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…
Colombia faces weakening case for cuts
Colombian inflation stopped slowing in May for the first time in more than a year, potentially weakening the case for…
BoK calls for balance in considering rate cut
Bank of Korea (BoK) governor Rhee Chang-yong called for a balanced approach in considering the timing of a policy pivot,…
Immigration slows, record number of Kiwis depart
New Zealand’s immigration slowed to an 11-month low in April as record numbers of citizens departed, suggesting a softening of…
Vietnamese exports recover in 2024, but still face challenges
Vietnam’s exports to key markets in the first five months of the year increased by 15% over the same period…