News
The Frontiers of Growth: Fiscal Discipline Requires More than Rules
3+ hour, 26+ min ago (267+ words) Government debt in several advanced economies is now at its highest level outside wartime, and emerging-market debt has been steadily rising over the past decade. With interest rates no longer at record lows (as they were after the global financial…...
More Fed policymakers eye possible rate hike as inflation risks rise
1+ day, 3+ hour ago (803+ words) (May 30): Federal Reserve (Fed) officials continued on Friday to signal the US central bank may need to raise interest rates in the future if the war in the Middle East leads to a persistent increase in already-high inflation. The potential…...
Canada's 1 Q GDP contracts on annualised basis, posting two quarters of decline
1+ day, 16+ hour ago (451+ words) OTTAWA (May 29): Canada's economy contracted in the first quarter of the year on an annualised basis, data showed on Friday, making it two consecutive quarters of annualised decline which some would call a technical recession. However, on a quarterly basis,…...
Fed's Bowman says extended energy shock could drive shift in policy outlook
1+ day, 17+ hour ago (406+ words) (May 29): Federal Reserve vice-chair for Supervision Michelle Bowman said on Friday the Middle East war's impact on the economy, while still being measured, could lead to persistent rises in inflation that might require tighter monetary policy. "It still seems early…...
US goods trade deficit narrows in April on strong exports
1+ day, 17+ hour ago (142+ words) The Edge Malaysia WASHINGTON (May 29): The US trade deficit in goods contracted in April as a surge in exports more than offset rising imports, a trend that if sustained could see trade contributing to economic growth in the second quarter....
Gold hits two-month low as US-Iran tension stokes inflation fears
3+ day, 2+ hour ago (343+ words) BENGALURU (May 28): Gold prices fell to a two-month low on Thursday as fresh US attacks on Iran boosted the dollar and pushed oil prices higher, stoking concerns about rising inflation and clouding the interest rate outlook. Spot gold was down…...
US mortgage rate rises to nine-month high
3+ day, 19+ hour ago (298+ words) (May 27): The rate on the most popular US home loan rose to a nine-month high last week, as the Iran war kept oil prices elevated, fuelling inflation concerns and pushing benchmark US Treasury yields higher. The average 30-year fixed-rate mortgage…...
Samsung, SK rally sparks forced selling as funds hit limits
1+ day, 20+ hour ago (475+ words) (May 29): A blistering rally in Samsung Electronics Co'and SK Hynix Inc'has turned into an unexpected headache for some funds, whose positions have grown so large they are now forced to sell. Funds bound by a 10% single-stock cap rule have increasingly…...
Global bonds take wild ride in May as Iran war shocks market
1+ day, 21+ hour ago (675+ words) LONDON (May 29): The Iran war rocked global bond markets again in May, sending yields to multi-decade highs as traders priced in central bank rate hikes " only for signs of "progress in peace talks and weak economic data to bring them…...
MY Say: Growing gap between equity markets and economic reality spells trouble
2+ day, 3+ hour ago (278+ words) This article first appeared in Forum, The Edge Malaysia Weekly on May 25, 2026 - May 31, 2026 The consequence is that these two factors combined may be creating a doom loop, in which market concentration lifts most, if not all, constituent stocks of the…...