Singapore Q1 GDP up 2.7% y/y, above market forecast
SINGAPORE: Singapore's economy grew 2.7% on a year-on-year basis in the first quarter of 2024, government data showed on Thursday,…
Category: Economy
EC official sees big private chip investment
The European Chips Act is on track to help attract more than €100bil (US$108.41bil) worth of private investment to the…
Bank Indonesia signals no further rate increases
Indonesia’s central bank held interest rates unchanged yesterday, as expected, with governor Perry Warjiyo reiterating that the current benchmark level…
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…
UK inflation pressure stays hot, dashing hopes for June rate cut
LONDON: Inflation in Britain eased less than expected and a key core measure of prices barely dropped, prompting investors to…
US announces details on higher China tariffs, some to start Aug 1
WASHINGTON: The U.S. Trade Representative's office on Wednesday said some of the steep tariff increases on an array of Chinese…
Potential exports of RM2.4bil from Kazakhstan, Uzbekistan signal opportunities in Central Asia – Tengku Zafrul
KUALA LUMPUR: Potential exports worth RM2.4 billion from businesses in Kazakhstan and Uzbekistan indicate numerous opportunities for Malaysian companies to…
Targeted diesel subsidy to strengthen govt fiscal position, improve resource allocation – economist
KUALA LUMPUR: The implementation of a targeted diesel subsidy for consumers in Peninsular Malaysia, expected to save RM4 billion annually,…
Fed officials urge patience on timing of initial rate cut
WASHINGTON/AMELIA ISLAND: Federal Reserve policymakers said on Tuesday the U.S. central bank should wait several more months to ensure that inflation…