Nike shares tumble as it reports lower profits

Nike shares tumble as it reports lower profits

Nike reported lower quarterly profits Thursday on increased logistics spending and a hit from product markdowns, as it pivots in a fast-changing consumer market challenged by inflation.
Malaysia’s inflation on the rise

Malaysia’s inflation on the rise

Malaysia’s inflation rate in August increased to 4.7% year-on-year, mainly due to food and non-alcoholic beverages, according to the Malaysian Department of Statistics Malaysia (DOSM).
Assessing risks of inflation for everyday life in Vietnam

Assessing risks of inflation for everyday life in Vietnam

While inflation has soared around the world, Vietnam has successfully kept it low. However Patrick Lenain, senior associate at the Council on Economic Policies, writes that it is too soon to claim victory because new bursts in food prices could occur, putting at risk the health of undernourished people.
Indonesia’s inflation could surpass GDP growth

Indonesia’s inflation could surpass GDP growth

Indonesia could potentially record higher inflation than economic growth in the third quarter of this year, said Coordinating Minister for Economic Affairs, Airlangga Hartarto on September 14.
Ongoing inflation worries compel tightened focus

Ongoing inflation worries compel tightened focus

Vietnam is expected to make a go of reining in inflation this year thanks to the government’s efforts to control market prices including a continued reduction in petrol prices.
Portugal rolls out 2.4 bn euro inflation relief package

Portugal rolls out 2.4 bn euro inflation relief package

Portugal on Monday unveiled a 2.4-billion-euro (dollar) package to help households cope with soaring prices, including an energy tax cut.
Turkey's inflation stays at 80% in boost to Erdogan

Turkey's inflation stays at 80% in boost to Erdogan

Turkey's official inflation rate barely changed on Monday in a sign that a year-long crisis that has seen prices soar by 80 percent may finally be starting to ease.
Inflation risks pose questions for exchange rate policy

Inflation risks pose questions for exchange rate policy

In response to the recent Fed’s interest rate hike, the State Bank of Vietnam is predicted to tighten its monetary policy in an attempt to curb inflation, with a focus on controlling the exchange rate.
Market attempts to stabilise pork prices

Market attempts to stabilise pork prices

A rise in pork has benefited some husbandry companies in Vietnam, with the government ordering stabilising measures to help rein in inflation at around 4 per cent this year.
Growth forecasts take price risks into account

Growth forecasts take price risks into account

Despite positive forecasts from international organisations on Vietnam’s economic recovery, there are still concerns related to inflation and growth that need solutions and directions from the government.
Malaysia’s inflation may hit double digits: Finance Minister

Malaysia’s inflation may hit double digits: Finance Minister

Finance Minister Zafrul Aziz has said Malaysia's inflation may reach around 11 percent if the government does not implement subsidies for essential items like fuel.
Rough waters remain in fuel price pressure

Rough waters remain in fuel price pressure

Although the government is trying to reduce fuel prices, Vietnam’s producer and import prices are expected to continue rising, affecting domestic production and pressurising the government’s efforts to rein in inflation.
SCG accelerating strategies to address myriad of challenges

SCG accelerating strategies to address myriad of challenges

SCG announced its Q2/2022 and H1/2022 operating results with robust financial standing, accelerating five strategies to address several challenges.
Ensuring optimal funding efficiency in flexible context

Ensuring optimal funding efficiency in flexible context

Globally, inflation has reached a record level in the past four decades due to two main factors. Firstly, central banks around the world have pumped out a big chunk of money to aid the economic rebound. For instance, Japan has pumped out a money volume equal to 58 per cent of its GDP, and the figure for the US is 30 per cent.
Steep hills ahead for investors

Steep hills ahead for investors

Unprecedented global factors, rising interest rates, and inflation running record highs are hampering investors’ appetite, with those who seek higher yields pondering other novel investment channels.
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