Asian markets struggle as traders contemplate more rate hikes
Equities surged across the region Thursday after the closely watched US consumer prices index eased more than expected in July, boosting hopes the Federal Reserve...
Hong Leong Investment Bank sees Malaysia’s Q2 GDP growth expanding 9pc
A general view of the Kuala Lumpur skyline March 5, 2022. — Picture by Yusof Mat Isa Friday, 12 Aug 2022 11:44 AM MYT KUALA...
Malaysia records 8.9pc Q2 GDP growth as conditions improve post-pandemic
KUALA LUMPUR, Aug 12 — Malaysia’s gross domestic product (GDP) rose by 8.9 per cent in the second quarter of 2022 compared to the previous...
Stats Dept: Malaysia’s current account balance records RM4.4b surplus in Q2
The Department of Statistics Malaysia said the higher surplus was supported by lower deficits in services and primary income accounts. — Picture by Miera Zulyana...
Stats Dept: Malaysia’s FDI rose RM24b in Q2
The manufacturing sector remained the largest recipient with a value of RM360 billion, followed by financial activities at RM189.8 billion and wholesale and retail trade...
Bank Negara sees core inflation at upper end of 2-3pc range in 2022
Nor Shamsiah noted that the increase in food inflation, which has been the main driver of domestic inflation recently, was mainly caused by higher prices...
UK economy closes in on recession
A man walks past the Bank of England in London, February 7, 2019. — Reuters pic Friday, 12 Aug 2022 3:41 PM MYT LONDON, Aug...
Dollar gains as markets reassess Fed rate hike bets
A US dollar note is seen in this June 22, 2017 illustration photo. — Reuters pic Friday, 12 Aug 2022 4:50 PM MYT LONDON, Aug...
Huawei revenue down more than 6 pc in first half of 2022
This file photo taken on July 12, 2022 shows the logo of the Huawei flagship store in Shenzhen, in China’s southern Guangdong province. – Chinese...
Ringgit ends higher against US dollar for fourth consecutive day
At 6pm, the local currency rose to 4.4435/4455 versus the greenback from yesterday’s close of 4.4445/4460. ― Picture by Hari Anggara Friday, 12 Aug 2022...