Philippines declares emergency as energy supplies run short
THE Philippines declared a national energy emergency as the conflict in the Middle East threatens fuel supplies and the country's economy.
UK inflation holds at 3% in February ahead of likely Iran war jump
LONDON: British consumer price inflation held at 3.0% in February, unchanged from January's rate, official figures showed on Wednesday, ahead of a likely upward lurch as war in the Middle East pushes up prices.
Australia's inflation slows slightly in February ahead of war-driven energy shock
SYDNEY: Australian consumer prices were flat in February as prices for domestic holidays and petrol dipped, while core inflation came in a little slower than forecast, though a war-driven spike in oil prices has since magnified inflationary risks.
Malaysia must emerge as credible alternative
Malaysia must position itself as a credible and compelling alternative as global investors reassess risk amid the crisis in West Asia, says Malaysian Investment Development Authority (Mida) chairman Tengku Datuk Seri Zafrul Abdul Aziz.
Solid exports to lift growth
Malaysia's export outlook is set to remain supportive of economic growth in 2026, underpinned by resilient external demand and a sustained trade surplus, although rising global uncertainties and currency dynamics may temper momentum.
Mexico in a race to unlock private capital
President Claudia Sheinbaum's allies in congress are in a hurry to lure more private investment by speeding up project approvals, clear-eyed that public spending alone isn't sufficient to boost lacklustre growth in Latin America's second-biggest economy.
Oil spike puts RON95 subsidy cut back in play
Putrajaya may be forced to tighten its RON95 subsidy mechanism by either cutting the current 300-litre monthly subsidised quota or raising the pump price back to RM2.05 per litre, analysts say.
Goldman axes Indonesia forecasts, flags India hikes
Goldman Sachs Group Inc dropped its call for monetary easing in Indonesia this year while adding interest rate hikes for India and the Philippines as the US-Israeli war on Iran drives up energy prices and boosts inflation across Asia.
Philippine president declares energy emergency over Middle East conflict risks
MANILA: Philippine President Ferdinand Marcos Jr on Tuesday declared a state of national energy emergency in response to the Middle East conflict and what he called an "imminent danger" posed to the country's energy supply.
Japan's cherry blossom picnics feel the pinch of global inflation
TOKYO: Global inflation is taking a bite out of Japan's iconic "hanami" cherry blossom picnics, with an index tracking food and drink costs up 25% since 2020, private think tank Dai-ichi Life Research Institute said on Tuesday.
