Recto pegs 1Q GDP growth at below 6%
Finance Secretary Ralph Recto says it is possible that the Philippine economy will grow below 6% in the first quarter…
Category: Economy
Malaysia’s manufacturing PMI rises to 49.0 in April, suggesting improved GDP growth – S&P Global
KUALA LUMPUR: The seasonally adjusted S&P Global Malaysia manufacturing purchasing managers’ index (PMI) rose to 49.0 in April from 48.4…
Japan’s factory activity shrinks at a slower pace
Japan’s factory activity shrank at a slower pace in April as declines in output and new orders eased, a private-sector…
Domestic demand to galvanise GDP in 2Q
China’s manufacturing activity expanded for the second consecutive month in April, official survey results showed, pointing to a modest recovery…
China eyes closer economic links with Gulf countries
Amid shifting global dynamics, China and the Gulf states are forging deeper economic connections, particularly in renewable energy, financial markets,…
US weekly jobless claims unchanged; layoffs decline in April
WASHINGTON: The number of Americans filing new claims for unemployment benefits held steady at lower levels last week as the…
Indonesia’s inflation rate eases slightly in April
JAKARTA: Indonesia's annual inflation rate cooled slightly in April as pressure from some food prices eased as the harvest season…
Fed likely to signal delay in interest rate cuts
Federal Reserve (Fed) officials are poised to keep interest rates steady for a sixth consecutive meeting and signal no plans…
Ringgit to maintain resilience
With expectations fading quickly that the US Federal Reserve (Fed) will execute multiple rate cuts this year, all eyes are…