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Over the past few decades, Malaysia’s image has been plagued by issues of corruption with the country losing almost RM1.8 trillion in a span of 10 years (2004 – 2014).
BEIJING: China’s factory deflation deepened in September due to slowing economic growth and the comparison with faster rises a year ago, even as the surge in pork prices drove consumer inflation higher.
PETALING JAYA: The Malaysian Anti-Corruption Commission (MACC) says the additional resources given to it under Budget 2020 is a clear manifestation of the government's commitment in fighting corruption.
TO ensure that the Shared Prosperity Vision 2030 (SPV 2030) fulfils its aim of benefiting all areas, the government is creating social indicators to measure its progress.
KUALA LUMPUR: Higher food prices pushed the Consumer Price Index (CPI) in Kuala Lumpur, Penang, Selangor and Putrajaya and Perak above the national inflation rate in August, according to the Statistics Department.
BEIJING: Soaring pork prices in China are already pushing up headline inflation and have become a political issue, but for now they’re unlikely to prevent the central bank from pursuing easier monetary policy.
JAKARTA: Indonesia’s annual inflation rate accelerated in August to the highest since December 2017, but remained within the central bank’s target range and close to expectations, data from the statistics bureau showed.
SINGAPORE: Asia’s highest-yielding bond markets provided the worst returns in August.
KUALA LUMPUR: Malaysia’s consumer price index rose 1.4% in July from a year earlier, a bit slower than the previous month, government data showed.Economists surveyed by Reuters had forecast for the index to climb 1.5% year-on-year in July, matching the pace in June.
NEW YORK: U.S. stocks closed higher on Tuesday after an announced delay of planned tariffs on some Chinese imports brought buyers back to the equities market in a broad-based rally.