SYDNEY: Australia’s economy surprisingly slowed sharply in the three months through September as consumers hunkered down in the face of rising borrowing costs while trade detracted from growth.Gross domestic product (GDP) advanced 0.2% from the prior quarter, slower than economists’ estimates of a 0.5% gain, Australian Bureau of Statistics (ABS) …

MANCHESTER, England (Reuters) – On the heels of an abysmal loss at Newcastle that sparked more reports of unrest in Manchester United’s dressing room, beleaguered manager Erik ten Hag said his team wanted to send a message to their fans at Old Trafford on Wednesday. Mission accomplished. Scott McTominay scored …

AUTOMATED external defibrillators (AEDs) installed in public areas have played a crucial role in saving at least nine lives in George Town and Balik Pulau districts since their introduction in 2015, said Penang island mayor Datuk A. Rajendran. “From 2015 to 2022, AEDs were deployed in 21 locations. “This year, …

PUTRAJAYA: PAS should stop day-dreaming about working with Umno again, says Datuk Seri Dr Ahmad Zahid Hamidi. The Umno president said his party would not want to work with PAS after what had happened between both parties earlier. “Cooperation with PAS is not on the cards. They should just stop …

PETALING JAYA: Malaysia has some of the world’s largest glove makers, but their pricing power has been diminishing due to competition from Chinese and Thai players who make cheaper gloves. The regional competition is hurting the margins of local glove manufacturers and unfortunately, the situation may persist over the next …

BIRMINGHAM, England (Reuters) – Aston Villa overran Manchester City with a fully-deserved 1-0 win on Wednesday thanks to a deflected shot from Leon Bailey, leaving the reigning Premier League champions in an unfamiliar fourth position and six points off the top. Unai Emery’s Villa, enjoying their best season for years, …

MEXICO CITY: US Treasury Secretary Janet Yellen says that economists who predicted that high US unemployment would be needed to tame inflation are “eating their words” as the economy experiences little weakness in the labour market and consumer demand with prices moderating. “We’re not seeing the usual signs of a …

LONDON (Reuters) – Barbados Prime Minister Mia Mottley used a speech in London on Wednesday to call for a global conversation on reparations for countries that saw their people enslaved, sometimes for centuries, under colonial rule. “The conspiracy of silence has diminished the horror of what our people faced,” Mottley …

ANY real economy crunch from the US Federal Reserve’s (Fed) balance sheet rundown may have been softened to date, but the air is rapidly escaping from one of its key cushions. Whether last week’s rhetorical shift by the Fed acknowledges this potential crunch is an open question, but credit and …

PETALING JAYA: Emerging signs of recovery in China, a further pick-up in tourism activity and a stronger momentum in trade has led RHB Research to upgrade its call on the transportation sector to “overweight”. The research house said in a note that signs of recovery are in place for the …