Amid the all-round decline in Cambodia’s exports this January, rubber stood the ground by recording a 59.8 percent surge compared to the same period in 2022 and earned the country $54 million, according to the latest trade data of the General Department of Customs and Excise (GDCE).

Former Chinese industry minister Miao Wei advised the government to extend a purchase tax exemption for 'new energy vehicles' (NEVs) as the policy is scheduled to expire at the end of 2023, Chinese news outlet Cailianshe reported on Friday.

Inflation rebounded in January at the wholesale level, as producer prices rose more than expected to start the year, the Labor Department reported Thursday.

Two Federal Reserve officials said on Thursday (Feb 16) the US central bank likely should have lifted interest rates more than it did early this month, and warned that additional hikes in borrowing costs are essential to lower inflation back to desired levels.

The International Monetary Fund (IMF) sees growing evidence that a global inflation spike that’s triggered a cost-of-living crisis in many countries is subsiding, managing director Kristalina Georgieva says.

Asian equities slipped on Friday, while the dollar hovered around six-week highs as economic data and hawkish comments from Federal Reserve officials revived fears that the U.S. central bank will stick to its monetary tightening path.