US inflation rises in blow to Fed rate-cut hopes
US consumer prices jumped at the start of the year, stalling recent disinflation progress and likely delaying any US Federal…
Category: Economy
PM: New bumiputra growth areas needed
New bumiputra growth areas need to be identified so that the benefits can be enjoyed by everyone and not just…
Ringgit dips on stubborn US inflation
The uptick in US inflation data for January has strengthened the US dollar at the expense of other currencies including…
Moderate growth expected in 4Q23
Continued softness in the upcoming gross domestic product (GDP) numbers for the fourth quarter of 2023 (4Q23) is to be…
Japan’s economy slips into recession, raises BOJ policy uncertainty
TOKYO: Japan's economy slipped into a recession as it unexpectedly shrank for a second straight quarter on weak domestic demand, data…
Transport sector to gain from China tourist arrivals
AmInvestment Bank Bhd maintains its “overweight” call on the transport and logistics sector on expectations the Chinese New Year and…
Singapore’s Q4 economy grows slower than first estimates
SINGAPORE: Singapore's economy grew slower than initial estimates in the fourth quarter of last year, on downward revisions in construction and…
South Korea price pressures poised to ease
South Korea’s state-run think tank says inflation is expected to cool at a faster pace this year than previously projected…
Yen’s fall foils BoJ’s decision on rate hike
The yen’s rapid fall past 150 against the dollar adds a further complication for the Bank of Japan (BoJ) as…