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5y

May 2021 CPI up 4.4% from last year: DoSM

Increase due to lower base effect in 2020

5y

5G adoption in Apac region will be uneven: Moody’s

Early adopters include Malaysia, the Philippines, and Singapore, with Hong Kong likely to have highest rate

5y

Toshiba shareholders vote to oust board chair: CEO

Shareholders rebuke management after damaging revelations from probe into troubled industrial conglomerate

5y

Large US banks can handle economic downturn: Fed

Banking system strongly placed to support ongoing recovery, says central bank

5y

Tokyo shares open higher after US infrastructure deal

Nikkei, Topix both rise almost 1% in early trade

5y

Bursa broadly higher in early trade

Bargain hunting emerges following yesterday’s heavy selling

5y

Deliveroo riders lose UK appeal to join union

Court upholds rulings by high court, govt labour laws body over self-employed status

5y

Stocks rise on US infrastructure deal, receding inflation angst

Investors calmed by assurances on easy monetary policy

5y

China challenges Aussie anti-dumping measures at WTO

Suit concerns Beijing exports of train wheels, wind turbines and stainless steel sinks

5y

Plant-based trend offers opportunities for halal brands: Matrade

Islamic values have universal appeal, making many products and services equally attractive to non-Muslim consumers, says CEO

5y

Bank of England torn between inflation fears and Covid-19 recovery

Central bank set to keep rates at 0.1% and maintain bond-buying stimulus

5y

Bursa ends lower as sentiment hit by World Bank’s GDP revision

On broader market, losers hammer gainers 917 to 188, while 373 counters are unchanged, 735 untraded, 10 suspended

5y

Covid-19 debt may create permanent gap between rich and poor countries: report

Euler Hermes estimates low-income nations need US$450 bil to avoid long-term damage to economies