Malaysia’s IPI growth forecast stays at 6 pct in 2022 — MIDF Research
KUALA LUMPUR, Dec 12 — MIDF Research maintained its growth forecast for Malaysia’s Industrial Production Index (IPI) at six per cent for 2022, after the...
Most EU countries set to slide into recession in fourth quarter
BRUSSELS, Nov 12 — European Commissioner for Economy Paolo Gentiloni warned on Friday that the outlook for next year has “weakened significantly,” and that most...
KPMG: Asia-Pacific CEOs confident of weathering looming mild, short recession
KUALA LUMPUR, Oct 17 — Some 63 per cent of chief executive officers (CEOs) in the Asia-Pacific region anticipate a recession over the next 12...
Malaysia unlikely to go into recession due to economic diversification
KUALA LUMPUR, Sept 14 — Malaysia is not likely to slip into a recession due to the diversified structure of its economy which is less...
IMF to further downgrade global growth projection, recession risks rises
WASHINGTON, July 14 — The International Monetary Fund (IMF) plans to further downgrade its global growth projection later in July, Sputnik reported, quoting IMF Managing...
Ringgit slips further against US dollar at opening
KUALA LUMPUR, July 7 — The ringgit continues its slide against the US dollar today as the greenback strengthened further, standing out as a safe-haven...
Moody’s Analytics expects global GDP growth at 2.8 pct in 2022, 3.1 pct in 2023
KUALA LUMPUR, June 20 — Moody’s Analytics expects global real gross domestic demand (GDP) growth to decelerate in 2022, as policy support fades, pent-up demand...
Ringgit appreciates versus US dollar, tracking positive yuan sentiment
KUALA LUMPUR, May 17 — The ringgit appreciated against the US dollar at closing today, tracking the improved sentiment for the Chinese yuan following positive...
Lockdowns caused worst recession since WWII in France
PARIS, Jan 30 — The two coronavirus lockdowns in 2020 caused the French economy to suffer its worst economic marker since World War II, the...
Indonesia suffers first recession in over two decades as coronavirus hits
JAKARTA, Nov 5 — Indonesia suffered its first recession in over two decades in the third quarter and millions of people lost their jobs over...
New Zealand enters first recession in decades
ANKARA, Sept 17 — Following strict coronavirus restrictions, New Zealand entered a recession as the country’s economy shrank 12.2 per cent in the June quarter,...
Australia in recession for the first time in nearly 30 years
CANBERRA, Sept 2 — Australian gross domestic product (GDP) has fallen 7.0 per cent in the June quarter, the largest quarterly fall on record, according...