Category: Business
Bursa Malaysia inches up at opening
KUALA LUMPUR,. Bursa Malaysia inched up at opening today, spurred by buying in finance and healthcare-related counters, in line with gains in some of the ... Read More
Ringgit opens lower against US dollar after heavy outflow last week
KUALA LUMPUR,. The ringgit opened slightly lower against the US dollar today following a significant outflow of foreign investors recorded last week, dealers said. At ... Read More
Alibaba Singles’ Day sales hit US$23b in first nine hours
HANGZHOU,. Chinese e-commerce giant Alibaba Group Holding Inc today said sales for its annual Singles’ Day shopping blitz hit 158.31 billion yuan (RM93.68 billion) in ... Read More
China-US trade war to ease but conflicts will persist, says former finmin
BEIJING,. A Sino-US trade war could ease somewhat but wider conflicts between the world’s two largest economies will continue, Lou Jiwei, a former Chinese finance ... Read More
IMF approves US$450m loan tranche for Pakistan
WASHINGTON,. The International Monetary Fund (IMF) yesterday praised Pakistan’s economic performance and agreed on next steps, paving the way for release of another portion of ... Read More
EU-Singapore trade deal takes effect November 21
BRUSSELS,. A landmark trade deal between the EU and Singapore, a major hub for European businesses in Asia, will go into effect on November 21, ... Read More
US dollar hits three-week high; yen rises on renewed trade uncertainty
NEW YORK,. The dollar rose to a three-week high today, getting some safe-haven bids, as risk appetite for higher-yielding currencies took a step back amid ... Read More