News
Indonesia swallows 'bitter pill' to stem market rout as policy tide turns
10+ hour, 5+ min ago (736+ words) JAKARTA: Indonesian policy changes over the past 24 hours suggest authorities are finally making difficult decisions to halt a deepening crisis of investor confidence in Southeast Asia's largest economy. Investors have been unsettled by President Prabowo Subianto's populist policies, particularly concerns…...
US consumer inflation hits fresh three-year high in May
9+ hour, 14+ min ago (303+ words) WASHINGTON: US consumer inflation surged to a fresh three-year high in May, according to official data released Wednesday, as higher energy prices rippled through the world's largest economy. The consumer price index (CPI) rose 4. 2 per cent year-on-year, up from April's…...
US consumer prices increase as expected in May
9+ hour, 39+ min ago (174+ words) KLSE Screener US consumer prices increase as expected in May WASHINGTON: U. S. consumer inflation increased at its fastest pace in three years in May as the Middle East conflict raised the price of gasoline and other energy products, giving more ammunition…...
The next 100 days: Navigating the global supply crisis
10+ hour, 44+ min ago (940+ words) A few months ago, I walked into the supermarket and suddenly noticed something I had never really thought about before. Almost everything on the shelves " vegetables, chicken, bottled drinks, medicine, diapers " depended on plastic. And plastic depends on petrochemicals. That…...
Takaful industry grows 4. 73% in 2025, gross contributions reach RM16. 38bil in 2025
10+ hour, 55+ min ago (138+ words) KLSE Screener Takaful industry grows 4. 73% in 2025, gross contributions reach RM16. 38bil in 2025 KUALA LUMPUR: The Malaysian takaful industry demonstrated resilience in 2025, growing by 4. 73 per cent in 2025, bringing total gross contributions to RM16. 38 billion, according to the Malaysian Takaful Association. Its interim chairman, Borhanudin…...
The Frontiers Of Growth: The real choice confronting developing countries
19+ hour, 13+ min ago (296+ words) This article first appeared in Forum, The Edge Malaysia Weekly on June 8, 2026 - June 14, 2026 The main constraint on productivity growth is not technological but institutional. Getting new tools into workers" hands requires localisation in native languages, accessibility without advanced digital literacy,…...
Demand, policies fuel foreign trade
15+ hour, 57+ min ago (190+ words) KLSE Screener Demand, policies fuel foreign trade China's import growth outpaced export expansion by nearly 9 percentage points in the first five months of 2026, underpinned by robust domestic demand and broader market-opening measures, economists and government officials said on Tuesday. They…...
Rupiah, Indonesian stocks extend gains after off-cycle rate hike
19+ hour, 15+ min ago (298+ words) JAKARTA: The Indonesian rupiah strengthened and stocks extended gains on Wednesday, a day after the central bank surprised markets with an off-cycle rate hike to stabilise the rapidly weakening currency after it hit a succession of record lows. Emerging Asian…...
Gold drops as oil and dollar rise on renewed US-Iran hostilities
19+ hour, 39+ min ago (340+ words) NEW YORK: Gold fell more than one per cent on Wednesday to hit an 11-week low, as the dollar and oil prices rose on renewed hostilities between the United States and Iran, fuelling concerns about inflation and interest rate hikes....
Malaysia sees risk of missing deficit goals on subsidy pressures
20+ hour, 7+ min ago (184+ words) KLSE Screener Malaysia sees risk of missing deficit goals on subsidy pressures Malaysia may not meet its fiscal deficit targets for 2026 as the Iran war drives up the cost of fuel subsidies, Second Finance Minister Datuk Seri Amir Hamzah Azizan…...