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IIM and the national anti-corruption agenda
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).
China factory deflation worsens as pork drives consumer prices
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.
Latheefa hails additional manpower for MACC, says govt serious in combating graft
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.
Social indicators to keep everything in check
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.
KL, Penang inflation rates exceed national CPI on higher food prices
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.
China’s pork price surge still far from hampering the PBoC
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.
Indonesia inflation picks up
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.
Investors who chased Asia's highest real yielders ended up last
SINGAPORE: Asia’s highest-yielding bond markets provided the worst returns in August.
July CPI up 1.4%, slightly below forecast
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.
Tech leads Wall Street higher as tariff delay sparks rally
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.