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US economy grew at a faster pace in fourth quarter 2017

The US economy grew significantly faster at the end of 2017 than previously reported, as consumer spending hit a three-year high and business investment rose, the government reported Wednesday.


Properties prices on a decline

Property prices in Malaysia continued to decline in the fourth quarter (Q4) of 2017 as the market corrected itself amid a complex scenario of growing oversupply in certain segments and a prevailing lack of consumer affordability, said the PropertyGuru Group.


China sets 2018 GDP target at around 6.5%

China set its 2018 economic growth target at "around 6.5 percent" on Monday, in line with expectations but lower than the 6.9 percent increase registered last year.


January CPI up 2.7%

The Consumer Price Index (CPI), which measures headline inflation, rose by 2.7 per cent to 121.3 last month from 118.1 in the same month in 2017 due to higher prices in 10 main groups.


What we don't know about the state of Malaysia's economy

Perhaps the government should also consider enhancing news transparency and not to allow the illusion to mask the truth.


GDP to expand 5% this year: OCBC

Singapore-based banking group OCBC Bank has forecast Malaysia's gross domestic product (GDP) to grow five per cent this year, backed by strong private consumption and investment.


MAS to be profitable in 1Q19

CEO says MAS will likely be profitable by the first quarter of 2019.


Timely boost for the local bourse

The government believes the new measure will stimulate the buying interest of investors and boost the overall market activity while promoting share circulation.


Bursa growth to continue despite current sell-off: PNB

Bursa Malaysia's growth trajectory will rebound with the country's economy continuing to flourish, the business environment being positive, and the CEO Confidence Index continuing to improve.


OPR increased by 25 basis points

Bank Negara Malaysia (BNM) has increased the Overnight Policy Rate (OPR) by 25 basis points to 3.25 per cent at the Monetary Policy Meeting (MPC) as it decides to normalize the degree of monetary accommodation amid the economy being firmly on a steady growth path.


 

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