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NEW YORK: Goldman Sachs Group Inc economists revised down its forecast for growth in the United States economy this year, pointing to a “harder path” ahead for the American consumer than previously anticipated.
Emerging markets - Philippines August inflation at 4.9%, beats expectations, as most Asia stocks inch up after China data
Philippine stocks added 0.5% on Tuesday to hit their highest since mid-July. Government data showed the country's annual inflation in August accelerated to its highest since December 2018.
Oil prices were mixed on Tuesday as Saudi Arabia's sharp cuts in crude contract prices for Asia sparked fears over slower demand, but strong Chinese economic data capped losses.
BEIJING: China's exports unexpectedly grew at a faster pace in August thanks to solid global demand, helping take some of the pressure off the world's second-biggest economy as it navigates its way through headwinds from several fronts.
SOVEREIGN wealth funds (SWFs) remain keen on China, despite regulatory crackdowns, planning standalone investment strategies and piling into venture capital and real estate, according to data and analysts.
Sunway Group founder views Malaysia at tipping point, Budget and 12th Malaysia Plan, Pos Malaysia, Malaysia My Second Home
BACK to school. Back to work. Back to what? That’s the question Wall Street stock traders are trying to answer.
PERAK, Malaysia/SINGAPORE: In a sprawling oil palm plantation in the Malaysian state of Perak, watermelon seedlings are sprouting from freshly ploughed earth between palm saplings while rented cows graze in overgrown areas of the estate.