Thomas

While retail trade continued its double-digit growth trend for the first three months of this year, it was in stark contrast to the drop in consumer sentiment recorded in the same period, and the largely disappointing corporate earnings reported by consumer-related companies on Bursa Malaysia.

A look at the day ahead in Asian markets from Jamie McGeever.

Malaysia's inflation currently isn't misbehaving, giving the central bank room to keep up its "conditional pause", according to a senior official.

South Korea's central bank warned on Thursday (June 8) that an early shift in its monetary policy stance could pile more pressure on the local currency, a risk that needs to be properly addressed.

Japan is committed to mobilise all policy options available while putting the economy before fiscal reform, according to a draft of the government's mid-year policy framework reviewed by Reuters on Wednesday.

The US$2 billion market for carbon offsets is heading for a massive reset, as a growing number of sovereign governments announce their intention to tax, regulate or restrict trade in credits generated within their borders.

Millions of litres of water burst through a gaping hole in a Russian-controlled dam on Tuesday, flooding a swathe of the war zone in southern Ukraine, threatening scores of villages and cutting off water supplies.

China's yuan has skidded to six-month lows against the dollar and analysts say it could weaken further as investors fret over a bumpy pandemic recovery in the world's second-largest economy.

Russia said on Monday its forces had thwarted a major Ukrainian offensive at five points along the front in the southern Ukrainian region of Donetsk and killed hundreds of pro-Kyiv troops.

China's services activity picked up in May, a private-sector survey showed on Monday, as a rise in new orders shored up a consumption-led economic recovery in the second quarter.