New Zealand Business Confidence Hits 30-Year High as Economic Outlook Improves 
EU Delays Mercosur Free Trade Agreement Signing Amid Ukraine War Funding Talks 
Best Gold Stocks to Buy Now: AABB, GOLD, GDX 
Asian Stocks Slide as AI Spending Fears and Global Central Bank Decisions Weigh on Markets 
Asian Fund Managers Turn More Optimistic on Growth but Curb Equity Return Expectations: BofA Survey 
Japan Exports to U.S. Rebound in November as Tariff Impact Eases, Boosting BOJ Rate Hike Expectations 
Austan Goolsbee Signals Potential for More Fed Rate Cuts as Inflation Shows Improvement 
Consumer inflation in Malaysia unexpectedly rose during the month of November, following push from higher food prices, against market expectations for a slight ease during the period.
Malaysia's consumer price inflation accelerated unexpectedly in November, data released by the Department of Statistics showed Wednesday.
The consumer price index rose 1.8 percent year-over-year in November, faster than the 1.4 percent climb in the previous month. Meanwhile, economists had expected the inflation to ease slightly to 1.3 percent.
Prices of food and non-alcoholic beverages grew 3.8 percent annually in November and utility costs went up by 2.1 percent. At the same time, transport charges dropped 1.5 percent. On a monthly basis, consumer prices increased 1.0 percent from October, when it rose by 0.3 percent.
However, the indices of communication fell 2.7 percent, transport by -1.5 percent and communication by -0.5 percent.
Meanwhile, USD/MYR traded flat at 4.48 at 7:15GMT.
