News
Malaysia central bank to hold rates at 2. 75% through 2026: Reuters poll
3+ hour, 14+ min ago (399+ words) A general view of the headquarters of Malaysia's central bank, Bank Negara Malaysia, in Kuala Lumpur January 29, 2013. REUTERS/Bazuki Muhammad BENGALURU, May 4: Malaysia's central bank will keep its main policy rate unchanged at 2. 75 per cent on Thursday and through the…...
Indonesia's March trade surplus expands to $3. 32 billion
5+ hour, 36+ min ago (423+ words) A truck drives near stacks of containers at Tanjung Priok Port in Jakarta, Indonesia, February 12, 2025. REUTERS/Willy Kurniawan JAKARTA, May 4: Indonesia's trade surplus expanded in March to $3. 32 billion, the largest since September, official data showed on Monday, even as exports…...
CNA938 Rewind - Federal Reserve at its most divided since 1992: rate decision exposes deep rifts
9+ hour, 49+ min ago (326+ words) CNA CNA938 Rewind - Federal Reserve at its most divided since 1992: rate decision exposes deep rifts The US Federal Reserve held interest rates steady but the real story is the split. A rare 84 vote, with four dissenters pulling in opposite directions, marks…...
Asia shares find hope in tech resilience, oil off peak
3+ day, 9+ hour ago (698+ words) SYDNEY, May 1: Asian shares rallied in relief on Friday as oil prices came off the boil and upbeat company earnings pulled investors into tech stocks, while Japan's first yen-buying intervention in two years steadied the battered currency. Apple amplified the…...
Japan yen surges 2%; officials issue strongest intervention warning yet
4+ day, 6+ hour ago (236+ words) Banknotes of Japanese yen are seen in this illustration picture taken September 22, 2022. REUTERS/Florence Lo/Illustration LONDON, April 30: The Japanese yen surged on Thursday, following stark warnings from Tokyo officials, including the finance minister, that intervention to prop up the…...
CNA Explains: Major central banks to unveil monetary policy during 'G7 Super Week"
6+ day, 16+ hour ago (118+ words) This week is what traders have started calling a "G7 Super Week". A rare alignment of monetary policy decisions from the US Federal Reserve, the European Central Bank, the Bank of Japan, the Bank of Canada and the Bank of England…...
Asian economies should boost trade with each other to weather global shocks: IMF
4+ day, 37+ min ago (734+ words) As energy vulnerabilities persist, IMF's Asia-Pacific director Krishna Srinivasan says stronger regional trade could help Asia sustain growth and create jobs. Krishna Srinivasan, director of the IMF's Asia and Pacific Department, speaks to CNA during an interview. SINGAPORE: Asian economies…...
Oil worries spook European markets before ECB and Bo E decisions
4+ day, 8+ hour ago (766+ words) A man walks in front of an electronic screen displaying Japan's Nikkei stock prices quotation board inside a conference hall in Tokyo, Japan, April 27, 2026. REUTERS/Issei Kato LONDON, April 30: Renewed risk aversion swept global equity and bond markets on Thursday…...
Thai economy expands in Q1 but set to slow due to Middle East war, central bank says
4+ day, 6+ hour ago (282+ words) BANGKOK, April 30: Thailand's economy expanded in the first quarter from the previous three months, supported by domestic demand and exports before the Middle East conflict escalated, but activity is expected to slow, the central bank said on Thursday. Economic activity…...
Why some food manufacturers stay in Singapore even as costs push production abroad
4+ day, 13+ hour ago (1311+ words) Food manufacturing in Singapore may not compete on volume and price, but higher-value functions " and the jobs that come with them" are growing, say industry players. SINGAPORE: For frozen food manufacturer Tee Yih Jia, producing spring roll skins and roti…...