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TOKYO: Japan's economy is set to grow much slower than previously hoped this quarter, hobbled by extended emergency measures put in place to halt a rise in coronavirus infections, a Reuters poll showed.
SYDNEY: Asian shares slipped to seven-week lows on Thursday after a dismaying rise in U.S. inflation bludgeoned Wall Street and sent bond yields surging on worries the Federal Reserve might have to move early on tightening.
SYDNEY: Asian shares slipped to seven-week lows on Thursday after a dismaying rise in U.S. inflation bludgeoned Wall Street and sent bond yields surging on worries the Federal Reserve might have to move early on tightening
SYDNEY: Qantas Airways Ltd pushed back the restart of international flights because of delays to Australia’s vaccination programme and indications from the government that it will keep borders mostly closed until mid-2022.
WHILE many central banks are still investigating the possibility of issuing a digital currency, China has rolled out a digital currency via a series of pilot programmes since last year.
SYDNEY: Australia’s fiscal authorities are taking a leaf out of US Treasury Secretary Janet Yellen’s playbook in deploying spending to push the economy toward maximum employment, a stance that keeps policy aligned with the Reserve Bank.
PETALING JAYA: The country’s economic recovery is on the right track as measures taken by the government are beginning to show positive results, including the strengthening foreign revenue and demand, said Minister in the Prime Minister’s Department (Economy) Datuk Seri Mustapa Mohamed.