KPS records jump in 1Q net profit on broader earnings base

KUALA LUMPUR: Kumpulan Perangsang Selangor Bhd's net profit for the first quarter ended March 31, rose nearly two-fold to RM3.14mil from the previous corresponding quarter as revenue was bolstered by a broader earnings base.

The week that was - Stocks enjoy busiest day ever

THE trading volume on Bursa Malaysia reached a new climax on Monday with a record 11.21 billion units of securities changed hands.

CPI expected to continue declining

PETALING JAYA: The country’s Consumer Price Index (CPI), which measures the national inflation rate, is expected to continue declining until the third quarter of 2020.

April inflation falls 2.9% on-year, lowest since 2010

KUALA LUMPUR: Malaysia’s consumer price index (CPI) for April fell at a sharper rate of 2.9% from a year compared with a Bloomberg survey of a -1.6% decline due to transport and housing, gas and other fuels during the Movement Control Order (MCO).

The week ahead - inflation

IT’S a quiet week for economic data with the most anticipated data coming Wednesday when the Statistics Department releases the inflation rate for April.

Australia’s consumer prices rise at fastest pace

SYDNEY: Australia’s headline inflation accelerated in the first three months of the year to climb back within the central bank’s 2%-3% target, reflecting how wildfire damage and the coronavirus shutdown impacted food prices before the pandemic sent the economy into a tailspin.

Have prices of essential items gone up or down during the MCO? Find out here!

Prices largely stable despite MCO

PETALING JAYA: Some Malaysians may have rushed to stock up on essential items due to the movement control order (MCO) but the average prices of many goods have remained stable so far, according to figures from the Statistics Department.

Virus prods Japan agencies, including data collectors, to embrace change

TOKYO (Reuters): The coronavirus pandemic is forcing changes in Japan to the way economic data is collected and some government agencies meet, rare moves in a country where tradition plays a strong part in everyday life.

Japan March core CPI rises 0.4% year-on-year(Update)

TOKYO: Japan's core consumer prices rose 0.4 percent in March from a year earlier, government data showed on Friday