KUALA LUMPUR: The FBM KLCI rebounded highly from sharp diminishes earlier in the 7 days as equities costs lifted from strongly oversold positions. Read complete story Continue Reading
SHANGHAI: China’s yuan rebounded on Thurs from a two-year lower against the dollar, assisted by a firmer-than-expected recognized guidance, which markets participants saw being a sign authorities are becoming increasingly uncomfortable with rapid yuan deficits. Read through full story Continue Reading
Singapore’s Grab Synergie Ltd, once South-East Asia’s most valuable itc, is faltering associated with GoTo Group in the public markets as it fights to gain basic on its Indonesian ride-hailing rival’s household turf. Read full actual story Continue Reading
After years of reluctance, Delhi is signing several free business deals. But does it help local companies?Continue Reading
BREMEN: China is exerting maximizing pressure on international companies doing business in its markets to bring them into line using its political agenda, broadening the “red lines” for issues to which it is allergic, the German study noticed by Reuters displays. A survey of more than hundred companies by theContinue Reading
COLOMBO: An International Monetary Fund (IMF) team met Sri Lanka’s president on Wednesday (Aug 24) for talks on a bailout, including restructuring debt of about US$29 billion, amid the nation’s worst financial crisis in more than seven decades. The second such visit in three months comes as the Indian OceanContinue Reading
KUALA LUMPUR: The FBM KLCI extended its downtrend on Wednesday as investors abstained from taking up positions ahead of the US Federal Reserve’s Jackson Hole symposium. Read full storyContinue Reading
KUALA LUMPUR: Domino’s Pizza Malaysia is set to become part of the largest Domino’s network outside of the United States (US) via a proposed acquisition by Domino’s Pizza Enterprises Ltd (DPE). Read full storyContinue Reading
KUALA LUMPUR: The FBM KLCI slumped in morning trade as investors took to the sidelines ahead of the Jackson Hole meet where US Fed chair Jerome Powell is expected to signal a hawkish stance on interest rates. Read full storyContinue Reading
Authorities furthermore issued stern warnings to two former directors of Rspectable Resources International with regard to failing to prepare monetary statements that complied with accounting criteria.Continue Reading