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People walk under a monitor displaying the benchmark Kospi index and the Korean Securities Dealers Automated Quotations (KOSDAQ) after the close of trading in Seoul on August 5, 2024. Seoul's stocks plunged more than eight percent at closing, after weak US jobs data fanned fears of a recession in the world's top economy and boosted bets on several Federal Reserve interest rate cuts. (Photo by ANTHONY WALLACE / AFP)
People walk under a monitor displaying the benchmark Kospi index and the Korean Securities Dealers Automated Quotations (KOSDAQ) after the close of trading in Seoul on August 5, 2024. Seoul's stocks plunged more than eight percent at closing, after weak US jobs data fanned fears of a recession in the world's top economy and boosted bets on several Federal Reserve interest rate cuts. (Photo by ANTHONY WALLACE / AFP)
Money
S Korea cuts interest rates for first time in four years
SEOUL, South Korea - South Korea's central bank cut interest rates Friday for the first time in...
People walk along a pedestrian street in the Chinatown district of Singapore on October 7, 2024. (Photo by AFP)
People walk along a pedestrian street in the Chinatown district of Singapore on October 7, 2024. (Photo by AFP)
Money
Singapore retains top spot for financial inclusion globally - Research
KUALA LUMPUR - Singapore is once again the world’s most financially inclusive market for the third...
Vehicles run on a bridge in Berlin, Germany, on Jan 15, 2024. - (Photo by Ren Pengfei / XINHUA)
Vehicles run on a bridge in Berlin, Germany, on Jan 15, 2024. - (Photo by Ren Pengfei / XINHUA)
World
What explains the underperformance of multinational enterprises?
BEIJING - Well-known multinational enterprises such as Volkswagen, Intel, and PricewaterhouseCoopers...
Shigeru Ishiba, the new head of the ruling Liberal Democratic Party (LDP), bows toward the Japanese flag as he walks to the podium to speak at a press conference at the party's headquarters in Tokyo on September 30, 2024. - Photo by AFP
Shigeru Ishiba, the new head of the ruling Liberal Democratic Party (LDP), bows toward the Japanese flag as he walks to the podium to speak at a press conference at the party's headquarters in Tokyo on September 30, 2024. - Photo by AFP
World
With bulging in-tray, Ishiba to become Japan PM
TOKYO - Shigeru Ishiba was set Tuesday to become Japanese prime minister, seeking to restore the...
Moody’s Analytics is anticipating BNM to leave its OPR at 3.0 per cent on Thursday.
Moody’s Analytics is anticipating BNM to leave its OPR at 3.0 per cent on Thursday.
National
BNM likely to leave OPR at 3.0 per cent - Moody's analytics
KUALA LUMPUR - Moody’s Analytics is anticipating Bank Negara Malaysia (BNM) to leave its Overnight...
People's Bank of China on Feb 17, 2019 in Beijing, China. (123rf)
People's Bank of China on Feb 17, 2019 in Beijing, China. (123rf)
TRADE & POLICIES
China central bank cuts benchmark lending rate to boost economy
BEIJING, China - China's central bank on Tuesday cut a key benchmark lending rate used to price...
Union Verdi called on ground staff at Lufthansa to stage a walkout on February 20, 2024 across Germany's biggest airports, in the latest strike to plague the country in recent weeks. - Photo by AFP
Union Verdi called on ground staff at Lufthansa to stage a walkout on February 20, 2024 across Germany's biggest airports, in the latest strike to plague the country in recent weeks. - Photo by AFP
Focus
Germany likely to fall into recession - Central bank
FRANKFURT - German output is likely to shrink slightly in the first quarter, sending Europe's...
Grocery prices are up 0.4 per cent from December and 1.2 per cent over the last year, the slowest annual increase since June 2021. - Photo by AFP
Grocery prices are up 0.4 per cent from December and 1.2 per cent over the last year, the slowest annual increase since June 2021. - Photo by AFP
Focus
What is behind the US economy's surprising strength?
WASHINGTON - The US has seen GDP growth blow past predictions, hiring numbers surge unexpectedly and...
The president of the Central American Bank for Economic Integration - CABEI (BCIE in Spanish), Costa Rican Gisela Sanchez, gestures during an interview with AFP in Tegucigalpa on January 22, 2024. - Photo by AFP
The president of the Central American Bank for Economic Integration - CABEI (BCIE in Spanish), Costa Rican Gisela Sanchez, gestures during an interview with AFP in Tegucigalpa on January 22, 2024. - Photo by AFP
Focus
Did central banks break inflation? Some economists have doubts
PARIS - Central bankers who orchestrated the wave of interest rate hikes over the past two years,...
Pix for illustration purpose only. - Photo by 123RF
Pix for illustration purpose only. - Photo by 123RF
Focus
2024 to be a 'take-off' year for Malaysia's economic transition - Maybank
KUALA LUMPUR - The year 2024 should be a ‘take off’ year for Malaysia’s medium to long-term...
New
Johor police chief Datuk M Kumar said the suspects, aged between 25 and 35, were apprehended in the Damansara area near Kuala Lumpur at about 7am yesterday. - File photo
Johor police chief Datuk M Kumar said the suspects, aged between 25 and 35, were apprehended in the Damansara area near Kuala Lumpur at about 7am yesterday. - File photo
Six arrested after 180km police chase from Johor to KL
Photo for illustration purpose only. - File photo courtesy of PDRM
Photo for illustration purpose only. - File photo courtesy of PDRM
Police appeal for public's help to locate two missing teenage girls
Spain's Prime Minister Pedro Sanchez (R) applauds with Palestinian prime minister Mohammad Mustafa (2R) as Spain's second Deputy Prime Minister and Minister of Labor and Social Economy Yolanda Diaz (2L) stands with Palestinian labor minister Enas Attari after signing bilateral accords during a signing ceremony at the Moncloa Palace in Madrid, on November 21, 2024. (Photo by OSCAR DEL POZO / AFP)
Spain's Prime Minister Pedro Sanchez (R) applauds with Palestinian prime minister Mohammad Mustafa (2R) as Spain's second Deputy Prime Minister and Minister of Labor and Social Economy Yolanda Diaz (2L) stands with Palestinian labor minister Enas Attari after signing bilateral accords during a signing ceremony at the Moncloa Palace in Madrid, on November 21, 2024. (Photo by OSCAR DEL POZO / AFP)
Spain holds first talks with Palestinian govt since recognising state
This handout photograph taken by Press Wing of Bangladesh's Chief Adviser and released on November 21, 2024, shows nobel laureate and chief adviser of Bangladesh's interim government Muhammad Yunus (R) with former premier and Bangladesh Nationalist Party (BNP) chairperson Khaleda Zia (2L) at a reception to mark the country's Armed Forces Day in Dhaka. - Photo by AFP
This handout photograph taken by Press Wing of Bangladesh's Chief Adviser and released on November 21, 2024, shows nobel laureate and chief adviser of Bangladesh's interim government Muhammad Yunus (R) with former premier and Bangladesh Nationalist Party (BNP) chairperson Khaleda Zia (2L) at a reception to mark the country's Armed Forces Day in Dhaka. - Photo by AFP
Bangladesh ex-PM makes first public appearance in six years
This image shows an artist’s impression of the star WOH G64, the first star outside our galaxy to be imaged in close-up. - Photo by AFP
This image shows an artist’s impression of the star WOH G64, the first star outside our galaxy to be imaged in close-up. - Photo by AFP
The first 'zoomed-in' image of a star outside our galaxy
Most Popular
Tesla taps Malaysian suppliers for EV components - Miti
Photo for illustration purpose only. - Photo by AFP
Photo for illustration purpose only. - Photo by AFP
The first 'zoomed-in' image of a star outside our galaxy
This image shows an artist’s impression of the star WOH G64, the first star outside our galaxy to be imaged in close-up. - Photo by AFP
This image shows an artist’s impression of the star WOH G64, the first star outside our galaxy to be imaged in close-up. - Photo by AFP
'World of Warcraft' still going strong as it celebrates 20 years
People play World of Warcraft at an E-Sports centre in Jinzhou, in China’s central Hubei province on August 1, 2024. - AFP
People play World of Warcraft at an E-Sports centre in Jinzhou, in China’s central Hubei province on August 1, 2024. - AFP
Bangladesh ex-PM makes first public appearance in six years
This handout photograph taken by Press Wing of Bangladesh's Chief Adviser and released on November 21, 2024, shows nobel laureate and chief adviser of Bangladesh's interim government Muhammad Yunus (R) with former premier and Bangladesh Nationalist Party (BNP) chairperson Khaleda Zia (2L) at a reception to mark the country's Armed Forces Day in Dhaka. - Photo by AFP
This handout photograph taken by Press Wing of Bangladesh's Chief Adviser and released on November 21, 2024, shows nobel laureate and chief adviser of Bangladesh's interim government Muhammad Yunus (R) with former premier and Bangladesh Nationalist Party (BNP) chairperson Khaleda Zia (2L) at a reception to mark the country's Armed Forces Day in Dhaka. - Photo by AFP
John Prescott: UK deputy PM who packed a punch
British former deputy prime minister John Prescott walks through Westminister in central London on November 27, 2012. - File photo by AFP
British former deputy prime minister John Prescott walks through Westminister in central London on November 27, 2012. - File photo by AFP
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