Overdue bills rising with US debt delinquencies
US household debt has reached a record and more borrowers are struggling to keep up.
Category: Economy
Aussie wage growth slows
Australian wage growth eased for the first time since the depths of the pandemic in the first three months of…
Biden imposes tariffs on chips, critical minerals
President Joe Biden is hiking tariffs on a wide range of Chinese imports, including semiconductors, batteries, solar cells and critical…
South Korean import prices up for fourth month
South Korea’s import prices rose for a fourth consecutive month in April due to an increase in oil prices and…
PM says to cut fuel subsidy at the ‘right time’
Prime Minister Datuk Seri Anwar Ibrahim reiterated the need to cut wasteful spending, including reducing excess subsidies to trim government…
Indonesia’s April exports up 1.7% y/y
JAKARTA: Indonesia's exports rose 1.72% in April from a year earlier to $19.62 billion, less than expected, data from the…
Vietnam’s red tape and regulations hold back businesses
Major hurdles must be overcome to simplify and streamline regulations governing economic activity, according to the latest report by the…
Officials call for more trade cooperation
The China “overcapacity” narrative pushed by some Western politicians and news outlets is based on fear, say foreign officials, who…
India’s sticky inflation gives RBI reason to stay on hold
India’s steady inflation and the threat of rising food prices will probably keep the central bank on hold for longer,…