US job growth accelerated in September, but the unemployment rate increased to a four-year high of 4.4% and the economy in August shed jobs for the second time this year as employers navigate an uncertain environment.
The Congressional Budget Office (CBO) slashed its estimate of longer-term US fiscal savings from President Donald Trump’s tariff hikes by US$1 trillion (RM4.14 trillion), in a move that may deepen concerns about American borrowing needs.
Stocks in Asia were set to decline after a turbulent session on Wall Street, where a brief Nvidia Corp-led relief rally quickly faded and investors pulled back from riskier assets such as cryptocurrencies.
Oxfam and local organisations, government agencies and private sector partners concluded their five-year Fair for All (F4A) project to address systemic challenges in the banana and rubber value chains.
Economists have turned more upbeat on Malaysia’s trade trajectory, raising their export forecasts for 2025 after October’s sharper-than-expected export surge signalled firmer external demand heading into year-end.
The US trade deficit shrank in August as a slew of global tariff rates from President Donald Trump kicked in, official data showed on Wednesday after a lengthy delay due to a government shutdown.