Receive up-to-the-minute news updates on the hottest topics with NewsHub. Install now.

Search results

1-10 results from 1000 for query «inflation»

March 22, 2018 8:45 AM Swiss National Bank’s forex interventions fall as franc weakens

Switzerland's lower inflation also meant the real external value of the currency was lower. — Reuters picZURICH, March 22 — Switzerland’s central bank bought nearly 30 per cent less foreign currency during 2017 as its effort to fight the appreciation of the safe-haven franc started to pay off. The Swiss National Bank purchased 48.2 billion Swiss francs 7

March 21, 2018 4:19 AM Malaysia’s February inflation rate at 1.4pc, below forecast

A Malaysia Ringgit note is seen in this illustration photo June 1, 2017. — Reuters pic KUALA LUMPUR, March 21 — Malaysia’s consumer price index in February rose 1.4 per cent from a year earlier, government data showed today. February’s annual inflation rate was below the 1.9 per cent forecast in a Reuters poll, and well below the 2.7 per cent posted 4

March 13, 2018 6:13 AM Asian currencies subdued on caution ahead of US inflation data

China's yuan rises after a slightly stronger midpoint fixing by the central bank. — Reuters picSINGAPORE, March 13 — Most Asian currencies traded in a tight range ahead of crucial inflation data from the United States due later in the day. Inflation has been a focal point for the Federal Reserve's monetary policy, and could speed up the tempo of interest 15

March 11, 2018 10:45 PM Looming trade war overshadows emerging market tumult this week

Rolls of steel are moved outside the ArcelorMittal Dofasco plant, an integrated steel producer, in Hamilton, Ontario, Canada March 7, 2018. — Reuters picNEW YORK, March 12 — From China to Peru, emerging market investors face a week of tumult as a trade war looms and faint sprouts of peace emerge on the Korean peninsula. Russia is in focus as traders 12

March 9, 2018 11:55 PM Wall Street climbs on bull market’s birthday as inflation fears ebb

NEW YORK, March 10 — To celebrate the bull market’s ninth birthday yesterday, the three major US stock indexes climbed almost 2 per cent and the Nasdaq closed at a record high, as February’s jobs report assuaged fears of inflation and aggressive interest rate hikes. A month ago, the market had been spooked by wage growth that fuelled inflation fears 10

March 8, 2018 1:12 PM Aeon expects 2018 sales to increase 10-20%

KUALA LUMPUR: Aeon Co (M) Bhd expects sales to grow between 10% and 20% this year, thanks to the “Aeon Day” and “Thank You Day” sales promotions. Executive director Poh Ying said the “Aeon Day” sales promotion would be held on every 8th and 28th day of the month while the “Thank You Day” on every second and last weekend of the month. “These promotions 12

March 7, 2018 7:02 AM Bank Negara retains key rate, says economy recovering well

Bank Negara's Monetary Policy Committee opted to keep the rate unchanged following its meeting today. — Picture by Yusof Mat IsaKUALA LUMPUR, March 7 — Bank Negara Malaysia will keep the overnight policy rate at 3.25 per cent, bucking predictions that it would raise this by another 25 basis points. According to the central bank, its Monetary Policy Committee 7

March 5, 2018 7:46 AM BOJ must avoid premature exit from easy policy, says deputy governor nominee

Masazumi Wakatabe, a nominee for Bank of Japan deputy governor, attends a confirmation hearing in the lower house of parliament in Tokyo, Japan March 5, 2018. — Reuters picTOKYO, March 5 — The Bank of Japan must avoid a premature exit from its ultra-easy policy to ensure the economy is completely out of deflation, Masazumi Wakatabe, one of the two nominees 11

February 28, 2018 6:51 AM Higher transport and food and beverage prices push CPI up 2.7% in January 2018

PETALING JAYA: The overall index for Consumer Price Index (CPI) increased by 2.7% in January 2018 as compared to the corresponding month of the preceding year, on higher prices in ten main groups, in particular transport, which went up by 5.7%, and food and non-alcoholic beverage, which went up 3.8%. Four states surpassed the national CPI rate of 2.7% recorded 8

February 24, 2018 12:52 PM Hot air balloons take to Penang skies for the fourth year

Visitors at the Hot Air Balloon Festival in George Town, February 24, 2018. ― Pictures by KE OoiGEORGE TOWN, Feb 24 — The fourth Hot Air Balloon Fiesta kicked off at Padang Polo here with 16 hot air balloons taking to the skies early this morning. The annual event, which saw different hot air balloon designs displayed each year, lets visitors experience 14