Bank of America: Ringgit could be next to rally on early Malaysia elections
SINGAPORE (Sept 12): Demand for EM Asian bonds continues to be strong, with inflows surpassing 5-year highs in some markets, despite broad-based stock outflows, Rohit…
SINGAPORE (Sept 12): Demand for EM Asian bonds continues to be strong, with inflows surpassing 5-year highs in some markets, despite broad-based stock outflows, Rohit…
KUALA LUMPUR (Sept 12): The FBM KLCI pared some of its gains at the midday break today, but managed to stay above the 1,780-point level. At…
KUALA LUMPUR: Malaysia Convention & Exhibition Bureau (MyCEB) has launched the 3rd Malaysia Business Events Week (MBEW) at One World Hotel in Petaling Jaya.
KUALA LUMPUR: Securities Commission Malaysia has made several key senior appointments, it said in a press release issued on Monday.
Top foreign and local stories at 4pm
LONDON: The first global standard for investors to compare how much capital insurers from different countries hold to keep policies safe is caught in a transatlantic tussle, casting doubt on whether it is practical, industry and regulatory officials say.
SYDNEY: CBS Corp will pay at least A$201.1 million (US$162 million) in cash to buy Australian broadcaster Ten Network Holdings, according to documents released on Monday by Ten’s administrator.
BEIJING: Apple Inc will launch an expected ”iPhone 8” on Tuesday, hoping the number’s auspicious connotations in China will help turn around fortunes in the world’s biggest smartphone market but Chinese shoppers are already counting the cost.
HONG KONG: Hong Kong billionaire Li Ka-shing agreed to buy an indirect stake in a Japanese maker of electric cars, expanding his investments in an area that’s set to benefit from China’s push to phase out gasoline and diesel vehicles.
HONG KONG: Hong Kong stocks rose the most in more than a week on Monday, encouraged by another case of Chinese state enterprise reforms and Beijing’s loosening of controls to curb outflows that underlined rising confidence over the yuan’s value.
FRANKFURT: European Central Bank policy will remain accommodative for longer than in previous cases of demand shock, likely limiting the negative impact of the euro’s appreciation, ECB Executive Board member Benoit Coeure said on Monday.
LONDON: Emerging stocks pushed to a new three-year high on Monday after nuclear-armed North Korea held back on stoking tensions further at the weekend while China’s yuan slipped off 16-month peaks after measures to stem its recent strength.