Economy
Australia may weigh early rate hike as economy nears speed limit
The RBA is facing a more complex outlook than peers as its economy is entering an upswing with elevated capacity utilisation [SYDNEY] Australia’s central bank may need to raise...
'The worst is behind us': Canada's economy is defying some of the grim forecasts about Trump's tariffs
WASHINGTON, D.C. — When U.S. President Donald Trump first threatened tariffs on Canadian goods, the forecasts were grim. GDP was expected to decline three per cent in seven months,...
Rupiah redenomination: How will Indonesia’s currency reform affect its economy?
Redenomination can improve the country’s economic efficiency and enhance confidence in the currency but risks driving inflation[SINGAPORE] In Indonesia, travellers and even locals have long grappled with prices in...
South-east Asia’s digital economy revenue set to hit US$100 billion in 2025: e-Conomy report
The region’s gross merchandise value is also expected to grow to US$305 billion this year[SINGAPORE] The digital economies of South-east Asia are projected to hit a revenue of US$100...
Private funding in South-east Asia’s digital economy lags global level: report
[SINGAPORE] Private funding for South-east Asia’s digital economy grew 15 per cent from a year earlier to US$7.7 billion in the 12 months to June 2025, lagging the global...
US: Wall Street set for weekly declines as concerns over economy, tech valuations weigh
[NEW YORK] Wall Street’s main indexes opened lower on Friday (Nov 7), and were set for sharp weekly declines, as concerns about the economy and towering valuations in the...
Fed’s Kashkari: Economy may not be slowing as much as we think
MINNEAPOLIS Federal Reserve President Neel Kashkari said on Thursday he does not think that there is a big chance the labour market will weaken sharply or inflation will surge,...
Thai banks face lending income hit as weak economy persists
Margins will be pinched as interest-income gains are further limited, compounded by weak lending and bad debt[BANGKOK] Four of Thailand’s largest banks are expected to post sharp declines in...
