Business Insider
Malaysia 
03 May BirthBusiness Insider is an American financial and business news website founded in 2007.
Malaysia 03 May Birth
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The prospect for protracted interest rate support also propelled the Aussie Dollar
Markets Disappointing April US PMI’s triggered some short covering in US Treasuries. The composite PMI declined from 52.1 to 50.9 (vs 52 consensus) with both manufacturing (49.9 from 51.9) and services (50.9 from 51.7) contributing. Details showed inflows for new business falling for the first time
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Green rush: How climate startup are winning the race to billions
Climate-startups are winning the race to billions with cleantech solutions! Learn how these sustainable innovators are tackling climate change. Green unicorns are one of the most promising investment trends. These clean-tech startups are not only achieving billion-dollar valuations, but they're doin
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USD/JPY remains below 154.50 amid weaker US Dollar
USD/JPY continues to decline as the US Dollar correction exerts pressure on the pair. Japan's CPI data is scheduled to be released on Friday, expecting a moderation in consumer prices for March. US President Joe Biden calls for a tripling of tariffs on Chinese steel and aluminum. USD/JPY extends its
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Worst of both worlds: Are the risks of stagflation elevated?
Summary In this first report of a three-part series, we present a framework to characterize historical episodes of stagflation into mild, moderate or severe episodes. Iain Macleod coined the term "stagflation" during an address to the House of Commons in 1965: “We now have the worst of both worlds—n
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Stabilization attempt
S&P 500 paused the decline as per yesterday‘s premium analysis, and weak ASML (guidance) helped it back towards the low 5,120s that form the upper border of the range marked on the downside by my 5,080 target talked intraday (ultimately hit). Powell didn‘t add to bullish sentiment either, and li
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Indonesian Retail Sales Growth Remains Strong
Indonesia's retail sales grew for the tenth successive month in March, though at a slower pace compared to February, preliminary data from the Bank Indonesia showed on Wednesday. Retail sales rose 3.5 percent year-on-year in March, following a 6.4 percent surge a month ago. The overall annual growth
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European Stocks Tumble As Geopolitical Tensions, Rate Uncertainty Weigh
European stocks closed lower on Tuesday as concerns about tensions in the Middle East, and continued uncertainty about possible timing of interest rate cuts by the Federal Reserve rendered the mood cautious and prompted investors to exit counters. Israel is reportedly weighing possible response acti
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Currency war and geopolitical risk are deadly concoctions for risk assets
The odds have inched higher for a currency war scenario where the Chinese yuan may be weakened further to drive export growth due to its latest decelerating growth trend in China’s retail sales and persistent weak housing prices. Export-oriented countries may be forced to enact “beggar-thy-neighbour
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IMF upgrades global growth forecast as economy proves 'surprisingly resilient' despite downside risks
The International Monetary Fund on Tuesday slightly raised its global growth forecast, saying the economy had proven "surprisingly resilient" despite inflationary pressures and monetary policy shifts. The IMF now expects global growth of 3.2% in 2024, up by a modest 0.1 percentage point from its ear
Pull-up Update
