By Rae Wee SINGAPORE () – Asian stocks began the year on a dour note on Thursday as they struggled for traction after a jittery close to 2024, while the U.S. dollar held steady and investor sentiment ...
By Ankur Banerjee SINGAPORE () – The U.S. dollar wobbled at the start of 2025 trade on Thursday after a strong year of gain against most currencies, with the yen anchored near its lowest level in more...
JAKARTA () – Indonesia’s annual inflation rate in December was 1.57%, barely changed from 1.55% in the previous month, official data showed on Thursday, and close to economists’ estimate of a 1.60% ra...
BANGKOK () – Uncertainty around the Thai economy has significantly increased primarily due to the unclear impact of possible U.S. economic policies, minutes of the Bank of Thailand’s Dec. 18 monetary ...
() – Asia’s factory powerhouses ended 2024 on a soft note as expectations for the new year soured amid growing trade risks from a second Donald Trump presidency and persistently weak Chinese demand. A...
SEOUL () – South Korea’s central bank governor said on Thursday the pace of monetary policy easing would need to be flexible this year due to heightened political and economic uncertainty. “This year,...
SINGAPORE () -Singapore’s economy grew 4.0% in 2024, its fastest annual pace since exiting the pandemic, accelerating from an expansion of 1.1% in 2023 and 3.8% in 2022, preliminary government data sh...
Investing.com — Goldman Sachs economists outlined ten critical questions shaping the outlook for the U.S. economy in 2025 in a note Monday: Will GDP Growth Be Above Consensus? Goldman forecasts a 2.4%...
Investing.com — Wolfe Research recently outlined five potential surprises for 2025 including a possible Fed pivot that could shake up markets. 1. Port workers strike: a possible port workers strike on...
BEIJING () – Casino (EPA:) revenues in Macau, the world’s biggest gambling hub, soared by nearly a quarter in 2024 but still came in short of pre-pandemic levels, underlining the need for the former P...
By Hadeel Al Sayegh DUBAI () – Abu Dhabi’s Mubadala Investment Company accounted for about 20% of the almost $136.1 billion spent by sovereign wealth funds worldwide last year, overtaking Saudi Arabia...
BEIJING () – Prices of new homes in China rose at a slightly faster pace in December, a private survey showed on Wednesday, as the crisis-hit property sector struggles to find a bottom on the heels of...