IMF chief calls for global cooperation to navigate economic ‘obstacle course’
The remarks came after the IMF last week projected the global economy to grow by 4.4% in 2022.
Latest Stories
India finally warms to crypto with tax, digital rupee
The Reserve Bank of India will launch its digital currency later this year, and plans to tax the income from the transfer of virtual assets.
Increase in crypto crimes could leave crypto investors could be vulnerable: report
A report, by blockchain data firm Chainalysis, revealed that US$8.6 billion of cryptocurrency was laundered last year, up by 30 per cent from 2020.
Samsung’s metaverse service My House sees early success
The 'My House' platform invites users to experience Samsung home appliances and furniture in a personalized virtual “home“.
How far have chips come to emulate human brain?
A new memristor-based neuromorphic computing model could be a game changer in the chip industry in the industry’s race for achieving brain scale, an expert said.
High oil prices a boon for Malaysia
This week, the price of Brent crude oil touched US$90 (RM377) per barrel for the first time since 2014 due to the concerns about the impact of a conflict in Ukraine, and the drone…
Thailand set to ease tax rules on cryptocurrency investments
Thailand plans ease tax rules for investments in digital assets by allowing traders to offset annual losses against gains for taxes due on cryptocurrency investments
India’s Budget session 2022-2023 set to be stormy affair
The opposition parties are all prepared to take the government to task over farmers’ demand for a law, the alleged use of Pegasus spyware among other things.
Thai exports to Saudi Arabia expected to jump sharply to $5 billion
Thai workers in Saudi Arabia are also expected will increase to 50,000 people within 3 years and to 100,000 people within 5 years.
Asia markets spooked as Fed chief signals rate hikes
In Asia, key indices in Tokyo, Sydney, Hong Kong and Seoul fell by around 2.5 per cent, after sharp overnight falls on Wall Street.