Economists warn of inflation if minimum wage hiked
KUALA LUMPUR: Economists warn of a rise in inflation — and perhaps even more unemployment — in the event of an increase in the minimum…
Tag Archives: Technical Analysis
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AirAsia boss weds S. Korean sweetheart in Cote d'Azur
COTE D’AZUR (Oct 16): AirAsia top gun Tony Fernandes has married his South Korean girlfriend, Chloe. The wedding was held in Cote d’Azur, the French…
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Top Glove gains 6% on dividend, 4Q profit
KUALA LUMPUR (Oct 16): Top Glove Corp Bhd rose as much as 37 sen or 6% after the company proposed a dividend of 8.5 sen…
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PRG manufacturing subsidiary up 38% on HK debut
HONG KONG (Oct 16): PRG Holdings Bhd’s manufacturing subsidiary Furniweb Holdings Ltd rose as much as 19 HK cents (about 10 sen) or 38% during…
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Foreign selling of Malaysian shares eases for second consecutive week — MIDF
KUALA LUMPUR (Oct 16): Foreigners were net sellers of Malaysian shares at RM54.2 million last week after they bought and sold RM1.96 billion and RM2.02…
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Muar Ban Lee, MESB, Asia Media, DGB, Ge-Shen, Grand-Flo, iDimension
KUALA LUMPUR (Oct 16): theedgemarkets.com highlighted seven stocks with momentum at Bursa Malaysia’s afternoon market close today. Two stocks had positive momentum while five showed…
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Low-cost airline AirAsia Japan to relaunch later this month
SINGAPORE (Oct 16): Low-cost airline AirAsia Japan on Monday said it would begin its first flights from Nagoya later this month, more than two years…
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FBM KLCI down slightly as telcos decline
KUALA LUMPUR (Oct 16): The FBM KLCI closed marginally lower today, dragged down mainly by telecommunication heavyweights. The benchmark index closed 0.95 points or 0.05% lower…
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Kobe Steel scandal latest to expose ‘Made-in-Japan’ fault-lines
UNDER the once-vaunted keiretsu system of close, trust-based ties between manufacturers and suppliers, “Made-in-Japan” became a byword for industrial quality and reliability.
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Europe needs market pressure to get economics right
WASHINGTON: Euro zone governments need to feel market pressure to set the right economic policy, the chairman of euro zone finance ministers Jeroen Dijsselbloem said, backing an idea of creating a sovereign debt restructuring mechanism in the euro zone.
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Grim reality of Nafta talks sets in after tough US demands
ARLINGTON, Virginia: Negotiators from Canada and Mexico grappled with U.S. demands to drastically alter the North American Free Trade Agreement (Nafta) on Saturday, as talks over renewal of the pact vilified by President Donald Trump ran through a fourth straight day.
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Global policymakers grapple with half-baked recovery short of wage growth
WASHINGTON: International Monetary Fund members gave lukewarm endorsement to a strengthening global economy but conceded they were not out of the woods as they grappled with subdued inflation, low potential growth and an uneven recovery that clouded the outlook.