Many blame today’s populist rebellion in the West on the far right, which has won votes by claiming to be responding to working-class grievances, while stoking fear and promoting polarisation. But, in blaming leaders who have seized on popular anger, many overlook the power of that anger itself, ...

Anger and inequality in America

At the start of the 19th National Congress of the Chinese Communist Party (CCP), president Xi Jinping unveiled his “two-stage development plan” to turn China into a “modern socialist state” by 2035. Since then, commentators have furiously debated the theme of “China rising” and Xi’s concentration...

Modernity with Chinese characteristics

This article first appeared in Forum, The Edge Malaysia Weekly, on February 27 - March 5, 2017.

 

For more than three decades, Asia has experienced faster economic growth than any other region. As it has developed, Asia has been exporting its savings, th...

Putting Asia’s savings to work in Asia

This article first appeared in Forum, The Edge Malaysia Weekly, on October 10 - 16, 2016.

 

Real-estate prices in China’s top cities are spiking, generating contradictory predictions of either bursting bubbles or a coming economic turnaround. What’s real...

Keynes and Hayek in China’s property markets

This article first appeared in Forum, The Edge Malaysia Weekly, on September 12 - 18, 2016.


 

China’s transformation from a manufacturing-driven and export-led economy to one underpinned by services and domestic consumption is firmly underway. And tha...

The making of China’s consumer society

This article first appeared in The Edge Malaysia Weekly, on August 22 - 28, 2016.

 

Global markets have breathed a sigh of relief. Following the shock of the UK’s vote to exit the European Union, GDP data indicate that China’s economy seems to have escap...

Beyond structural reform in China

This article first appeared in Forum, The Edge Malaysia Weekly, on July 25 - 31, 2016.

 

China has lately been facing harsh criticism for the direction of its reforms of state-owned enterprises, particularly its strengthening of the role of Communist Party commit...

China’s state-owned enterprises at a crossroads

This article first appeared in Forum, The Edge Malaysia Weekly, on December 14 - 20, 2015.

 

IN just over a month, China will assume the G20 presidency. Over the next year — and especially at the organisation’s September summit, to be held in Hangzhou — China pla...

The promise of China’s G20 presidency

This article first appeared in Forum, The Edge Malaysia Weekly, on September 28 - October 4, 2015.

 

IN the wake of a global stock market selloff triggered by economic turmoil in China, the US Federal Reserve has just decided to postpone raising interest rates. I...

China in the debt-deflation trap

The government will continue to monitor the impact on inflation in the country following the announcement of a more than 13% increase in civil servants' salaries this December.

Anwar: Putrajaya will keep eye on inflation rate following civil service pay hike

US private payrolls increased more than expected in April, suggesting that the labor market maintained its momentum early in the second quarter.

US private payrolls beat expectations in April 

Yum Brands reported a fall in quarterly global same-store sales on Wednesday, hurt by choppy demand for its KFC and Pizza Hut brands from inflation-weary consumers in the United States as well as in overseas markets.

KFC parent Yum reports surprise drop in global same-store sales on weak demand

Shell has exited China's power markets as part of CEO Wael Sawan's drive to focus on more profitable operations including its natural gas and oil businesses.

Shell exits China power market businesses

The retail price of RON97 petrol remains unchanged at RM3.47 per litre, with RON95 also unchanged at RM2.05 per litre, from May 2 to May 8, according to the Ministry of Finance on Wednesday.

Fuel prices unchanged till May 8

The dollar edged towards its highest level this year against a basket of peers and US share futures dipped on Wednesday ahead of a Federal Reserve policy decision, though trading was thin with many European and Asian markets closed.

Dollar near five-month highs ahead of Fed policy decision

Bitcoin slid by almost 6% on Wednesday, having posted its worst monthly performance in April since late 2022, as investors pulled money out of cryptocurrencies ahead of an interest rate decision by the Federal Reserve later.

Crypto washout sends bitcoin below US$58,000 into bear market

Prime Minister Datuk Seri Anwar Ibrahim has emphasised that any party associating him and the government with a purported casino project in Forest City must face legal action.

Those who spread lies on Forest City casino project ought to be jailed, says PM

Details regarding the salary increase for civil servants will be announced during the tabling of Budget 2025 in October this year.

Details of civil servants’ wage hike to be announced in Budget 2025, says Fahmi 

China's Huawei Technologies has moved the high-profile chief of its consumer business, Yu Chengdong, to a new role as chair of the unit, two people with knowledge of the matter said.

Huawei's high-profile consumer CEO Richard Yu shifts role

Yum Brands reported a fall in quarterly global same-store sales on Wednesday, hurt by choppy demand for its KFC and Pizza Hut brands from inflation-weary consumers in the United States as well as in overseas markets.

The government will continue to monitor the impact on inflation in the country following the announcement of a more than 13% increase in civil servants' salaries this December.

US private payrolls increased more than expected in April, suggesting that the labor market maintained its momentum early in the second quarter.

Andrew Sheng and Xiao Geng

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Andrew Sheng and Xiao Geng

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