Gradual comeback likely for chip sector
The growth of Malaysia’s semiconductor industry in the second half of 2024 will be gradual despite high hopes and optimism…
Category: Economy
China’s industrial profits rise at slower pace in May amid patchy recovery
BEIJING: China's industrial profits rose at a much slower pace in May, official data showed on Thursday, underlining the struggles faced…
DIO approves RM162bil digital investments as at March
The Digital Investment Office (DIO) has approved a total of RM161.97bil in digital investments from the period of its establishment…
Singapore determined to respond to financial crime
Singapore faces greater money laundering and terrorism financing risks than other countries because it is an international finance and business…
Ho Chi Minh City to have biggest wastewater facility in SEA
Construction of the Nhieu Loc -Thi Nghe wastewater treatment plant project in Ho Chi Minh City, which will be the…
US weekly jobless claims drift lower
WASHINGTON: First-time applications for U.S. unemployment benefits drifted lower last week, which could allay fears of a material shift in…
Malaysia’s producer price index rises 1.4% in May 2024 – DoSM
KUALA LUMPUR: Malaysia’s Producer Price Index (PPI), which measures the price changes of goods at the producer level, increased by 1.4…
Rate cut to come at some point, says Cook
Federal Reserve (Fed) governor Lisa Cook says it will be appropriate to reduce interest rates “at some point”, adding that…
UK Labour to seek economic growth of 2.5%
Keir Starmer, who polls show is on course to be Britain’s next prime minister, says his Labour Party would target…