Tag: Economy
Asian stock markets mixed ahead of latest US jobs reading
For families across Asia, the cost of filling up the car or buying basic groceries has become a growing source of anxiety. In Tokyo, a...
Standard Chartered Malaysia Launches SmartStocks
For many individuals in Malaysia, investing in the global stock market has long been a daunting task, hindered by high transaction fees and limited access...
IMF Reaches $2.9B Deal With Sri Lanka Amid Debt Crisis
International Monetary Fund Reaches Preliminary Deal With Sri Lanka Amid Debt Crisis The International Monetary Fund has announced a preliminary agreement to extend $2.9 billion…
S&P downgrade indicates Russia headed for historic default
For ordinary Russians and global investors alike, the financial ripples from Moscow’s war in Ukraine are now lapping at the doorstep of a historic first:...
The U.S. reinstates 352 product exclusions from China tariffs.
WASHINGTON USA: The U.S. Trade Representative's office said on Wednesday it has reinstated 352 expired product exclusions from U.S. "Section 301" tariffs on Chinese...
Singapore core inflation cools while acceleration risks loom
For Singaporean families already feeling the pinch at the checkout counter, a slight cooling in core inflation last month offered a brief moment of respite—but...
World Bank official says war-driven oil price hikes to slash growth...
WASHINGTON: Persistent high oil prices prompted by Russia's invasion of Ukraine could cut a full percentage point off the growth of large oil-importing developing...
Global Sukuk issuance to stop growing for the first time in...
Moody’s said on Tuesday that higher crude prices have reduced the financing needs of oil-rich Gulf governments. Due to this, Global Sukuk issuance will...
Malaysia to increase efforts to address semiconductor backlog orders.
KUALA LUMPUR: Malaysia is trying its best to reduce the backlog of orders in the semiconductor industry over the past 12 months following the...
INVESTOR CONFIDENCE RETURNS TO BURSA
The start of the year 2021 proved to be significantly good for the stock market as investors were confident of a global economic recovery....
Indonesia exits recession with 7% GDP growth in Q2, but virus...
JAKARTA: Indonesia showed great signs of improvement as it effectively pulled out of recession in the second quarter of the year. The country reported...
Singapore economy grows 1.3% in Q1 but no change to GDP...
Singapore: The economy of Singapore has been observed to increase at a much faster pace during the first quarter of the year as estimated...
The World Economy Is Suddenly Running Low on Everything
Corona has become the biggest conqueror that has taken over countries after countries and caused severe fluctuations in the economic levels even in economically...
