global growth
Asian share markets cautious, pound stumbles on Brexit drama
TOKYO, Oct 21 — Asian stocks were steady in a cautious start to the week today, while the British pound fell following a delay to a crucial vote on Britain’s divorce from the European Union. MSCI’s broadest index of Asia-Pacific shares outside…
IMF chief says building ‘peer pressure’ to follow trade rules
WASHINGTON, Oct 20 — With trade tensions undermining confidence and global growth, economic leaders are increasingly pushing each other to fix the shortcomings that fueled the disputes, IMF chief Kristalina Georgieva said yesterday. As the United…
China says will work with the US to address each other’s core concerns
NANCHANG, Oct 19 — Chinese Vice Premier Liu He said today that China will work with the United States to address each other’s core concerns on the basis of equality and mutual respect, and that stopping the trade war would be good for both sides…
Brexit deal ‘good news’ but global growth key for BoE rates too, says BoE governor
WASHINGTON, Oct 19 — Bank of England (BoE) Governor Mark Carney said Britain’s planned Brexit deal would help the country’s economy, but “almost existential” worries about global trade wars might prevent the BoE from raising interest…
Ringgit to continue trading on cautious note
KUALA LUMPUR, Oct 19 — The ringgit is expected to trade on a cautious note next week on continuous global trade uncertainties involving major world economies. An analyst said the United States (US)-China trade tensions has continued to dampen the…
Boeing, Johnson & Johnson, dismal China data drag Wall Street lower
NEW YORK, Oct 19 — Wall Street fell yesterday as negative headlines about Johnson & Johnson and Boeing, along with bleak economic data from China, soured investor risk appetite and offset generally positive corporate earnings. All three major…
Ringgit ends lower against US dollar on global uncertainties
KUALA LUMPUR, Oct 18 — The ringgit ended on a lower note today due to global uncertainties as well as declining oil prices. At 6pm, the local note was quoted at 4.1850/1880 against the greenback compared with yesterday’s close of 4.1780/1830….
Higher growth forecast in tandem with Malaysia's GDP projection
KUALA LUMPUR, Oct 18 — The forecast improvement in global economic growth to 3.4 per cent next year from three per cent this year is in tandem with the country’s higher projected gross domestic product (GDP) expansion of 4.8 per cent from 4.7…
China Q3 GDP grows 6pc, slowest pace in almost three decades
BEIJING, Oct 18 — China's economic growth slowed more than expected to 6 per cent year-on-year in the third quarter, the weakest pace in almost three decades, hit by soft factory production amid a bruising Sino-US trade war and lacklustre demand…
IMF, World Bank see Brexit deal boosting global growth outlook
WASHINGTON, Oct 18 — World Bank President David Malpass said yesterday that clarity over Britain's exit from the European Union would strengthen the outlook for global growth, aiding both rich nations and the developing world. “If there were…
