At the end of 2016, economic news from the EU started turning more bullish. Sentiment indicators from Markit economics were the first to pick this up which was followed by loan growth, retail sales, and finally industrial production. Mario Draghi – the head of the ECB – has noted this trend on several occasions, […]
KUALA LUMPUR (April 1): If there is a slowdown in the local property market, Sime Darby Property Bhd’s latest launch showed no signs of it. Two-storey…
February data included a decline in consumer confidence from both sources, and a decline in the Chicago PMI, which was nevertheless still positive. Nominal personal income and spending increased, but in real terms income was flat. House prices continued to increase strongly YoY.
BEIJING (March 30): Shanghai September crude oil futures rose 3% by the midday break on Friday as investors placed bullish bets following reports that China…
KUALA LUMPUR (March 30): Sumatec Resources Bhd has won the right to build a condensate extractions plant for the Rakushechnoye oil and gas field in…
(March 30): China is taking its first steps towards paying for imported crude oil in yuan instead of the U.S. dollar, three people with knowledge…
(March 30): Cathay Pacific has found itself drawn into the turbulence of Malaysia’s pre-election politics – after offering free ticket changes for Malaysians returning home…
SINGAPORE (March 30): Singapore’s competition watchdog said it had reasonable grounds to suspect competition had been infringed by Uber Technologies Inc’s deal to sell its…
KUALA LUMPUR (March 30): Domestic financial markets were impacted by increased volatility in global financial markets in February following a sharp correction in the US…
BEIJING (March 30): Shanghai aluminium fell to a 17-month low on Friday and was on track to end the quarter with its steepest quarterly drop…
KUALA LUMPUR (March 30): The FBM KLCI closed up 7.11 points or 0.4% on what appeared to be institutional investors’ window-dressing activities at the end…
KUALA LUMPUR (March 30): Based on today’s corporate announcements and news flow, companies in focus on Monday (April 2) may include: Enra Group Bhd, Chin…