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Britain's economy is now expected to expand by 0.4 percent in 2023, the International Monetary Fund said in its latest outlook document which partly cited weaker energy prices.
Britain's economy is now expected to expand by 0.4 percent in 2023, the International Monetary Fund said in its latest outlook document which partly cited weaker energy prices.
Europe
IMF forecasts UK economic rebound in major U-turn
LONDON - The IMF on Tuesday delivered a major U-turn on its forecast for the UK economy, saying it...
US President Joe Biden and Spanish President Pedro Sanchez, not pictured, hold a bilateral meeting at the White House in Washington, DC, on May 12, 2023. (Photo by Jim WATSON / AFP)
US President Joe Biden and Spanish President Pedro Sanchez, not pictured, hold a bilateral meeting at the White House in Washington, DC, on May 12, 2023. (Photo by Jim WATSON / AFP)
Americas
Biden 'optimistic' on debt talks with Republicans as default looms
WASHINGTON, US - President Joe Biden said Sunday he remains "optimistic" about finding an agreement...
US President Joe Biden
US President Joe Biden
News
Biden, Republicans meet Tuesday to thwart default disaster
WASHINGTON - Washington's power brokers love playing chicken. But the rest of the world will...
The latest Chief Economists Outlook Report released by the World Economic Forum (WEF) revealed that chief economists expect both growth and inflation dynamics to vary widely across regions. - AFP
The latest Chief Economists Outlook Report released by the World Economic Forum (WEF) revealed that chief economists expect both growth and inflation dynamics to vary widely across regions. - AFP
National
Economists divided on global economic recovery, expect rebound in Asia, says World Economic Forum
KUALA LUMPUR - Experts are evenly divided on the prospects for the global economy, with equal...
Kenanga Research foresees that Bank Negara Malaysia has reached the end of its monetary tightening cycle and will keep the OPR unchanged at 2.75 per cent for the rest of the year.
Kenanga Research foresees that Bank Negara Malaysia has reached the end of its monetary tightening cycle and will keep the OPR unchanged at 2.75 per cent for the rest of the year.
National
BNM expected to hold OPR till year-end but has room for 25bps adjustment - Kenanga Research
KUALA LUMPUR - Kenanga Research foresees that Bank Negara Malaysia (BNM) has reached the end of its...
Property recovery is slow as expected due to higher interest rates and higher housing prices as building materials like steel and cement spiked exacerbated by the lack of foreign labour.
Property recovery is slow as expected due to higher interest rates and higher housing prices as building materials like steel and cement spiked exacerbated by the lack of foreign labour.
TRADE & POLICIES
Malaysian economy on the move amid challenges
SHAH ALAM - Malaysia's economy is headed for a positive yet cautious outlook for 2023 with a...
The regulation was issued by President Joko Widodo (Jokowi) in December, with an aim to create a quality business and investment climate for small and medium entrepreneurs and foreign investors in Southeast Asia's largest economy amid fears of a possible global recession.
The regulation was issued by President Joko Widodo (Jokowi) in December, with an aim to create a quality business and investment climate for small and medium entrepreneurs and foreign investors in Southeast Asia's largest economy amid fears of a possible global recession.
National
Indonesia parliament passes new laws to spur investments
JAKARTA - The Indonesian parliament passed an emergency regulation on job creation into law on...
picture for illustrative purposes only - FILEPIC
picture for illustrative purposes only - FILEPIC
National
Spurred by TikTok, some Americans return to cash to curb spending
WASHINGTON - Manicured fingers meticulously place cash in transparent envelopes marked "food," "gas"...
Image for illustrative purposes only. - FILE PIX
Image for illustrative purposes only. - FILE PIX
News
50,000 teachers strike in New Zealand over cost of living
WELLINGTON - Around 50,000 teachers in New Zealand went on strike on Thursday, after union talks...
Deputy Finance Minister II Steven Sim Chee Keong said the technical definition of an economic recession is when a country experiences two consecutive quarters of economic contraction. - BERNAMA
Deputy Finance Minister II Steven Sim Chee Keong said the technical definition of an economic recession is when a country experiences two consecutive quarters of economic contraction. - BERNAMA
National
Malaysia will not experience economic downturn despite global uncertainties - Finance Ministry
KUALA LUMPUR - The Finance Ministry stressed that Malaysia will not experience an economic turmoil...
New
Photo: HAMZAH ZAINUDIN / FACEBOOK
Photo: HAMZAH ZAINUDIN / FACEBOOK
Axed Hamzah makes first move with tea session alongside Pas, Bersatu and former party...
Kuala Lumpur Police Chief Datuk Fadil Marsus - BERNAMA FILE PIX
Kuala Lumpur Police Chief Datuk Fadil Marsus - BERNAMA FILE PIX
Post-mortem reveals 89 injuries on woman killed by husband in Kepong
Photo for illustration purposes only.
Photo for illustration purposes only.
Body of pregnant woman found in a pool of blood, husband detained in Kota Tinggi
Photo for illustration purposes only.
Photo for illustration purposes only.
Vehicles entering KL expected to nearly double ahead of CNY
Bank Islam’s Officer-in Charge and Group Chief Business Officer – Retail Banking, Mizan Masram (back, centre), posing for a group photo with the winners at the Bank Islam Mega Financing and Al-Awfar 2025 Prize Presentation Ceremony at Menara Bank Islam on Monday. - Photo by MOHD HALIM ABDUL WAHID
Bank Islam’s Officer-in Charge and Group Chief Business Officer – Retail Banking, Mizan Masram (back, centre), posing for a group photo with the winners at the Bank Islam Mega Financing and Al-Awfar 2025 Prize Presentation Ceremony at Menara Bank Islam on Monday. - Photo by MOHD HALIM ABDUL WAHID
RM1 million boost for retirement: Sabah executive’s unexpected win
Most Popular
Child opens car door, causes accident involving six vehicles along Jalan Tun Razak
A child inadvertently caused a road accident after opening a car door in open traffic, leading to two motorcycles crashing into each other.
A child inadvertently caused a road accident after opening a car door in open traffic, leading to two motorcycles crashing into each other.
New forensic review challenges Kurt Cobain's suicide ruling, says 'this is a homicide'
Kurt Cobain
Kurt Cobain
Federal Court reinstates Isa Samad's conviction and sentence, issues warrant of committal
Former Felda chairman Tan Sri Mohd Isa Abdul Samad has been ordered to begin serving a six-year prison sentence from Tuesday.
Former Felda chairman Tan Sri Mohd Isa Abdul Samad has been ordered to begin serving a six-year prison sentence from Tuesday.
Malaysians still drawn to charm of reading physical books
The Reading Profile of Malaysians 2022/2023 study by the National Library of Malaysia recorded a positive shift in reading trends among Malaysians, who crave a variety of information in line with changing lifestyles and current technological developments. - Bernama photo
The Reading Profile of Malaysians 2022/2023 study by the National Library of Malaysia recorded a positive shift in reading trends among Malaysians, who crave a variety of information in line with changing lifestyles and current technological developments. - Bernama photo
Sultan Selangor’s decrees a wake-up call for law, harmony and sustainability
Sultan Selangor Sultan Sharafuddin Idris Shah (Photo from Selangor Royal Official)
Sultan Selangor Sultan Sharafuddin Idris Shah (Photo from Selangor Royal Official)
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