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US stocks slump as inflation fears trump good earnings
Stocks resumed their slide Wednesday as concerns about rising inflation trumped a slew of upbeat quarterly reports, including better-than-expected results from Caterpillar Inc. and Intel Corp.
Government suppressing rises in utility rates
LOCAL governments' strong desire to raise public utility rates is putting increasing pressure on China's consumer price index (CPI) - a key inflation gauge.
Bank of Japan to maintain easy monetary stance
Bank of Japan Governor Toshihiko Fukui reiterated the central bank's commitment to its current policy framework yesterday, saying it would maintain quantitative easing until deflation subsided.
Rises in main indices push up February CPI
THE Consumer Price Index (CPI) for February increased by 2.4% to 107.6 from 105.1 in the same period last year, the Statistics Department said.
Electricity rates likely to go up
THE government may soon raise electricity rates to help power firms get over the hike in coal prices, a vice-chairman of State Electricity Regulatory Commission said on Friday.
China reports January saw lowest CPI increase in 12 months
China's main measure of consumer prices rose 1.9 percent in January over the same month a year earlier, the smallest increase in 12 months, the government said Tuesday.
January CPI up 2.4%, fastest rise in 5 years
Malaysian prices rose at the fastest pace in five years in January, as higher taxes pushed up tobacco and alcohol costs and a cut in subsidies made fuel more expensive.
Inflation settling in with improving economy in US
After a decade of relatively tame prices, American consumers are starting to feel the ouch'' of inflation as the cost of everything from coffee, candy and home appliances is marching higher.
China keeping inflation in check
China's inflation rate rose at its slowest pace in nine months in November, kept in check by lower price rises for food and easing the pressure for further interest rate hikes, data showed yesterday.
October CPI up 2.1% year-on-year
Malaysian prices rose at their fastest pace in two years in October because of higher costs of cigarettes, alcohol and gasoline.
