Timely push for chip sector
The government’s allocation of RM25bil in fiscal support under the National Semiconductor Strategy (NSS) is a watershed moment for the…
Category: Economy
Australia inflation quickens to 5-month high, sounding rate alarm
SYDNEY: Australian consumer price inflation unexpectedly picked up to a five-month high in April due in part to increases in petrol,…
Vietnam firms aim to boost agricultural exports to China by rail
Businesses are boosting farm exports to China by rail, thanks to it being quick, cheaper and a more reliable form…
Thailand Economic chiefs weigh steps to bolster growth
Thailand’s economic chiefs have underscored the need for urgent stimulus measures and improved access to credit for small business to…
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…
Exports rise but soft demand weighs on growth
apan’s exports rose for a fifth straight month in April, helped by a boost in value from the weak yen,…
UK inflation cools less than expected
UK inflation fell less than expected last month, fuelling doubt about when the Bank of England (BoE) can start cutting…
Krugman says he’s ‘fanatically confused’ on where rates are going
Nobel laureate in economics Paul Krugman says it’s entirely unclear where interest rate levels are headed over the medium term,…
Yield at 11-year high amid bets for further tightening
Japan’s 10-year government bond yield rose to an 11-year high of 1% amid mounting bets for further Bank of Japan…