Fed leaves rates unchanged, sees 'somewhat elevated' inflation and stabilizing job market
WASHINGTON: The Federal Reserve held interest rates steady on Wednesday amid what U.S. central bank chief Jerome Powell described as a solid economy and diminished risks to both inflation and employment, an outlook that could signal a lengthy wait before any further reductions in borrowing costs.
Stronger ringgit to help M’sia cross high-income line
As Malaysia continues to celebrate the appreciation of the ringgit, especially since the local note has whizzed below the psychological RM4.00 to US$1 barrier earlier this week, it is perhaps sobering to consider what this means on a more practical level.
Factory gate prices drop further in December
The declining trend of the country's producer price index (PPI) may be near its trough, with a gradual normalisation likely over the course of this year, says an economist.
‘China’s overseas expansion a growth necessity’
Going global is no longer an option for Chinese enterprises but has become a necessity for their growth and development, according to a recent report.
Anwar wants ministries, GLICS to assess effectiveness of PuTERA35 initiatives
KUALA LUMPUR: Prime Minister Datuk Seri Anwar Ibrahim has stressed that ministries and government-linked investment companies (GLICs) emphasise evaluating the effectiveness of high-impact initiatives under the Bumiputera Economic Transformation Plan 2035 (PuTERA35).
Malaysia's exports up 10.4% y-o-y, imports rose 12% y-o-y in Dec 2025
KUALA LUMPUR: Malaysia's exports rose by RM14.3 billion or 10.4 per cent year-on-year to RM153 billion in December 2025, said the Department of Statistics Malaysia (DOSM).
Malaysia's export, import volume indices rise in Dec 2025 - DOSM
KUALA LUMPUR: Both Malaysia's export and import volume indices increased 13.8 per cent and 4.0 per cent in December 2025, respectively, according to the Department of Statistics Malaysia (DOSM).
Australia's hotter Q4 core inflation ramps up rate hike bets
SYDNEY: Australia's underlying inflation ran at a faster-than-expected pace in the December quarter, adding to a recent slew of hot economic data that has fuelled market expectations of an interest rate hike as soon as next week.
Asean–China–GCC Business Council successfully formed
The Asean–China–GCC Business Council has successfully convened its first working committee meeting via an online platform.
Better trade figures likely this year
A stronger ringgit is not seen as an impediment to trade growth, as the government still forecasts it to grow from its present record levels by up to another 5% in local currency terms this year.
