Powell signals rate cut delay after run of surprises
US Federal Reserve (Fed) chairman Jerome Powell has signalled policymakers will wait longer than anticipated to cut interest rates following…
Category: Economy
Big savings for Vietnam from eco-industrial conversion
The conversion of existing industrial zones into eco-industrial zones contributed to savings of nearly 70 billion dong (US$2.76mil) annually in…
Canadian businesses in uproar over capital gains tax increase
Canada’s decision to increase capital gains taxes was criticised by businesses, who warn the move will only exacerbate the country’s…
Germany turns the corner, says Lagarde
European Central Bank President Christine Lagarde says the German economy may be starting to recover after being rocked by a…
Kiwi inflation slows yet price pressures persist
New Zealand home-grown price pressures persisted in the first quarter even as headline inflation slowed to its weakest in almost…
IMF lifts growth forecast for the world economy
The International Monetary Fund (IMF) inched up its expectations for global economic growth this year, citing strength in the United…
Major exports slump 20.7% in March
Singapore’s non-oil domestic exports (Nodx) shrank 20.7% in March from a high base a year ago, as both electronic and…
Vietnam offers good potential for offshoring market
Vietnam is an attractive choice for businesses who are looking for outsource solutions, given its affordable workforce, highly skilled human…
Japanese exports get boost from Beijing
Japan’s exports grew for a fourth consecutive month as the weak yen provided a tailwind and demand in China picked…