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China’s consumer inflation quickens to 21-month high, producer deflation persists
BEIJING: China’s annual consumer inflation accelerated to a 21-month peak in November, mainly driven by food prices, while factory-gate deflation deepened, with underlying trends suggesting domestic demand remains weak and […]
DKSH shares soar 68 sen on privatisation proposal
KUALA LUMPUR: Shares of DKSH Holdings (Malaysia) Bhd were among the most active in early trading at Bursa Malaysia today after the company’s major shareholder, DKSH Resources (Malaysia) Sdn Bhd, […]
Australia social media watchdog sees common cause with US as age ban begins
SYDNEY, Dec 10 (Reuters) – The regulator overseeing Australia’s world-first teenage social media ban rejected the “technological exceptionalism” championed by mostly U.S.-based platforms and said a groundswell of American parents […]
Honduran election turmoil grows as president decries ‘electoral coup’
TEGUCIGALPA, Dec 9 (Reuters) – Honduran President Xiomara Castro on Tuesday denounced what she called an “electoral coup” unfolding amid a chaotic vote count from the November 30 presidential election, […]
Australia says it will meet ‘challenges’ of AUKUS nuclear submarine timeline
SYDNEY, Dec 10 (Reuters) – Defence Minister Richard Marles said Australia was “very self-critical” as it looked to address challenges, including skilling its workforce, for the AUKUS nuclear submarine programme, […]
Japan did not aim radar at Chinese jets during Saturday’s incidents, defence minister says
TOKYO, Dec 10 (Reuters) – Japanese fighter jets did not aim radar at Chinese jets during Saturday’s close encounter incidents, Defence Minister Shinjiro Koizumi said on Wednesday, in response to […]
Flood situation improves in Perak, worsening in northern Sarawak
KUALA LUMPUR: While the flood situation in Perak continues to improve, with fewer victims evacuated, the opposite is happening in northern Sarawak, as more people are affected compared to last […]
Fed chair front-runner Hassett says ‘plenty of room’ to cut rates
WASHINGTON: White House economic adviser Kevin Hassett, the front-runner to be the Federal Reserve’s next chair, told the WSJ CEO Council on Tuesday there is “plenty of room” to cut […]
Ringgit slips vs US$, rises against majors on Fed cut expectations
KUALA LUMPUR: The ringgit opened lower against the US dollar today as investors shifted their attention to incoming US economic data, maintaining confidence that the Federal Reserve (Fed) will move […]
Weak undertones on Bursa as Fed decision looms
KUALA LUMPUR: The FBM KLCI slipped in early morning trade with investors cautiously waiting on the sidelines as the US Federal Reserve rate announcement is expected overnight. Read full story […]