Author Archive: New Straits Times

rss feed

Author's Website

Trump win 'not a good day for world economy': European Central Bank

Trump win 'not a good day for world economy': European Central Bank

FRANKFURT: Donald Trump’s shock election win in the United States “is not a good day for the world economy” and could force the European Central Bank “to intervene“, governing council member Ewald Nowotny said Wednesday. Nowotny told reporters in Vienna the ECB was “prepared to intervene” as he warned of “massive insecurities” after the vote […]

November 9, 2016 | By | Reply More
Bursa tumbles to three-month low following Trump presidency win

Bursa tumbles to three-month low following Trump presidency win

KUALA LUMPUR: Bursa Malaysia and other markets worldwide fell as at 4pm today as Republican billionaire Donald Trump was announced the winner of the United States presidential race. The local bourse tumbled 1.28 per cent or 21.37 points to a three-month low of 1,642.45 point as at 4pm today from yesterday’s close of 1,663.82 point […]

November 9, 2016 | By | Reply More
Oil down as Trump elected next US president

Oil down as Trump elected next US president

SINGAPORE: Oil prices fell in Asia on Wednesday as Republican candidate Donald Trump defeated Democratic rival and market favourite Hillary Clinton in the race for the White House. Global financial markets and oil prices went into a tailspin following the billionaire populist’s shock election win but losses narrowed after the president-elect’s conciliatory victory speech. At […]

November 9, 2016 | By | Reply More
Dollar tanks as Trump closes in on stunning upset in White House race

Dollar tanks as Trump closes in on stunning upset in White House race

TOKYO: The dollar took a battering against its major rivals while the Mexican peso plunged to a record low on Wednesday, as global financial markets were rattled by the prospect of a shock win for Republican Donald Trump in the fiercely-contested U.S. election. Trump scored a series of surprising wins over Democrat Hillary Clinton in […]

November 9, 2016 | By | Reply More
Trump's surprise wins in crucial US states rattle world markets

Trump's surprise wins in crucial US states rattle world markets

Republican Donald Trump scored a series of surprising wins in battleground states including Florida and Ohio on Tuesday, opening a path to the White House for the political outsider and rattling world markets counting on a win by Democrat Hillary Clinton. With investors worried a Trump victory could cause economic and global uncertainty, the US […]

November 9, 2016 | By | Reply More
Dollar, Mexican peso, stocks tumble as Trump takes election lead

Dollar, Mexican peso, stocks tumble as Trump takes election lead

SYDNEY: The US dollar sank and stocks plummeted as mayhem came to world markets on Wednesday as investors faced the possibility of a shock win by Republican Donald Trump that could upend the global political order. Every new TV network projection in the US presidential election showed the race to be far closer than anyone […]

November 9, 2016 | By | Reply More
Big Tree offers exciting branding  via LRT lines [VIDEO]

Big Tree offers exciting branding via LRT lines [VIDEO]

KUALA LUMPUR: Big Tree Outdoor Sdn Bhd, the advertising concessionaire of the light rail transit (LRT) and KL Monorail lines, is excited to offer new patented advertising formats for better positioning of its clients’ money. In an interview with Business Times recently, Big Tree chief executive officer Jeff Cheah said: “We are very excited. We […]

November 9, 2016 | By | Reply More
Ekovest  on expansion drive

Ekovest on expansion drive

KUALA LUMPUR: Ekovest Bhd’s sale of a 40 per cent stake in the Duta-Ulu Kelang Expressway (DUKE) concessionaire for RM1.13 billion is to free up its financial resources for expansion, said executive chairman Tan Sri Lim Kang Hoo. He said Ekovest wanted to expand its infrastructure division and other core businesses, including construction and property […]

November 9, 2016 | By | Reply More
Ringgit opens higher against US dollar

Ringgit opens higher against US dollar

KUALA LUMPUR: The ringgit opened higher against the US dollar today on elevated crude oil prices and against the backdrop of the US presidential election, the outcome of which, will be known today. © New Straits Times Press (M) Bhd

November 9, 2016 | By | Reply More
As world watches US elections, oil rises in thin trading

As world watches US elections, oil rises in thin trading

SINGAPORE: Oil moved up early on Wednesday in thin trading as markets focused on the US presidential election, but those who made deals pushed prices up on early indications of a Hillary Clinton lead over Donald Trump. Brent crude futures only started trading shortly before 0100 GMT, highly unusual for the international oil benchmark, and […]

November 9, 2016 | By | Reply More