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Malaysia's gross domestic product (GDP) grew at a rate of 4.2% in the first quarter of 2024, an increase from 2.9% growth in the preceding quarter as the economy was bolstered by strong private expenditure and a positive turnaround in exports.<br/><br/>During the press conference of the first quarter 2024 gross domestic product figures on Friday (May 17), Chief Statistician Malaysia Datuk Sri Dr. Mohd Uzir Mahidin reported that the growth was higher than the 3.9% year-on-year increase put forward in an advance estimate by the National Statistics Department as well as in a Bloomberg survey of economists.<br/><br/>Read more at https://tinyurl.com/4dbj8svx<br/><br/>WATCH MORE: https://thestartv.com/c/news<br/>SUBSCRIBE: https://cutt.ly/TheStar<br/>LIKE: https://fb.com/TheStarOnline
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The Consumer Price Index rose 0.3% in April, slightly below economists' expectations. Inflation was 3.4% annually in April, in line with forecasts. Core inflation, which excludes volatile food and energy prices, rose 0.3% month-over-month and 3.6% year-over-year in April. Shelter costs increased 0.4% in April and were up 5.5% from a year ago. Energy prices rose 1.1% in April and were up 2.6% annually, while food prices were flat monthly. Used and new vehicle prices declined in April. Inflation remains above the Fed's 2% target, but signs of easing could allow them to pause rate hikes until more data is available in 2024.
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Melanoma is the most dangerous type of skin cancer and while survival rates have improved in recent years, late diagnosis and delays in treatment remain key challenges.
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From the makers of Chandu Champion announcing the trailer release date of the film to Katrina Kaif giving a glimpse of Vicky Kaushal’s 36th birthday celebrations, to Kartik Aaryan reportedly attending the funeral of his relatives killed in the Mumbai billboard collapse incident, let's wrap up today's top Bollywood news. According to the latest reports, Kartik’s relatives were among the 16 victims killed in the massive hoarding collapse in the Ghatkopar locality of the city. The actor even attended their last rites held in Mumbai on May 16. Moving on, Katrina Kaif shared a special post for husband, Vicky Kaushal, on his birthday. On May 17, Kartik treated fans with another new poster from his much-awaited film Chandu Champion, revealing its trailer will be out on May 18, 2024. On the third day of the Cannes film festival 2024, Urvashi Rautela walked the red carpet in a shimmery red dress.<br/>
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Government minister Mel Stride insists that “we are seeing a resilient labour market,” despite official figures revealing that Britain’s unemployment rate has risen to its highest level for nearly a year as further cracks show in the jobs market. The Office for National Statistics said the rate of UK unemployment rose to 4.3%. Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
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Bank Negara Malaysia’s (BNM) initiatives have helped alleviate pressure on the ringgit, leading to a 0.5 percent appreciation of the local currency on a nominal effective exchange rate (NEER) basis, said the central bank’s governor.<br/><br/>Datuk Abdul Rasheed Ghaffour, speaking at a press conference on Friday (May 17) during the announcement of the first quarter 2024 gross domestic product figures, noted that from the beginning of the year until May 15 this year, the ringgit had depreciated by 2.4 percent against the US dollar,in line with the movements of other regional currencies.  <br/><br/>Read more at https://tinyurl.com/3kexwe38<br/><br/>WATCH MORE: https://thestartv.com/c/news<br/>SUBSCRIBE: https://cutt.ly/TheStar<br/>LIKE: https://fb.com/TheStarOnline
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People with a mortgage are hoping for some relief in the budget tonight, after the Reserve Bank left interest rates on hold last week and hinted at possible further rate rises later in the year.
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The Alienware 32 4K QD-OLED could be one of 2024’s best gaming monitors. It features a gorgeous 32-inch 4K OLED display that makes games look their best. On top of that, its 240Hz refresh rate and 0.03ms gray-to-gray response time will also help those games run buttery smooth. <br/><br/>In this video, we see what it can do and what it has to offer. Based on what we saw, we think it’ll be a big hit with gamers — especially those who enjoyed 2022’s Alienware 34 QD-OLED monitor. If you’re a PC or console gamer, this is a monitor to keep an eye on.
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Mumbai Dust Storm: 3 Dead, 59 Injured As Hoarding Collapses In Ghatkopar At Petrol Pump
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During a House Appropriations Committee hearing on Tuesday, Rep. Steny Hoyer (D-MD) questioned Internal Revenue Service Commissioner Danny Werfel about audit and enforcement rates.<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/><br/>Stay Connected<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com
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The proposal of the United Nations Children's Fund (UNICEF) that the minimum wage rate be set at RM2,102 per month compared to the current RM1,500 will be carefully studied, said Economy Minister Rafizi Ramli.<br/><br/>He said it is basically clear that the Madani Government's approach in dealing with the cost of living is to focus on the people's income including wages.<br/><br/>WATCH MORE: https://thestartv.com/c/news<br/>SUBSCRIBE: https://cutt.ly/TheStar<br/>LIKE: https://fb.com/TheStarOnline<br/>
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Stock Markets Rally , Amid Investor Hopes for , Interest Rate Cuts in 2024.<br/>On the morning of May 15, both the S&P and the <br/>Nasdaq hit all-time highs after new data suggested <br/>inflation may be easing in line with expectations.<br/>Quartz reports that the Dow Jones Industrial Average <br/>is also inching toward the record-breaking <br/>40,000 mark, which it almost hit in March. .<br/>According to the latest Bureau of Labor <br/>Statistics data, April saw the Consumer Price <br/>Index, a key gauge of inflation, rise by 3.4%.<br/>At the same time, consumer prices <br/>increased by 0.3%, slowing slightly <br/>from March's 0.4% increase.<br/>The latest data also shows that core prices, <br/>which don't include food and energy, saw the lowest <br/>increase since April of 2021, rising just 3.6%. .<br/>As a result, investors have a sense of <br/>renewed hope that the Federal Reserve will <br/>begin to cut interest rates at some point in 2024.<br/>The latest inflation data was released one day <br/>after the Producer Price Index, which <br/>measures wholesale inflation, increased 0.5%. .<br/>Over the past year, the <br/>index has increased 2.2%.<br/>Shortly after markets opened, the Dow <br/>jumped up 147 points, hitting 39,705, while the <br/>S&P 500 and the Nasdaq saw 0.5% increases.<br/>Shares in GameStop were down 30% after <br/>experiencing a boost earlier this week by <br/>the online return of investor \
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