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Japan trade surplus with US shrinks further

Japan trade surplus with US shrinks further

Shipping containers sit on a Maersk Line AS container ship docked at the APM container terminal during a press tour of the Port of Rotterdam. (Bloomberg pic) TOKYO: Japan’s trade surplus with the United States shrank for the third consecutive month, according to official data published Thursday, as Tokyo nervously eyes Washington’s trade war with […]

October 18, 2018 | By | Reply More
Hang Seng opens with gains after holiday

Hang Seng opens with gains after holiday

Pedestrians cross a road in the Central district of Hong Kong. (Bloomberg pic) HONG KONG: Hong Kong stocks edged up in the first few minutes of trade Thursday as investors returned from a one-day break to play catch-up with a regional advance. The Hang Seng Index rose 0.20%, or 49.88 points, to 25,512.14. But the […]

October 18, 2018 | By | Reply More
MATTA looking forward to Budget 2019 for its wishlist to be granted

MATTA looking forward to Budget 2019 for its wishlist to be granted

The Malaysian Association of Tour and Travel Agents (MATTA) is looking forward to the tabling of Budget 2019 by the Minister of Finance, YB Tuan Lim Guan Eng on 2 November 2018. MATTA has again submitted proposals as in previous years and is hoping that some of the incentives and funding needed to spur the […]

October 18, 2018 | By | Reply More
Bursa opens lower on technical correction

Bursa opens lower on technical correction

KUALA LUMPUR: Bursa Malaysia opened lower today on a technical correction and amid concerns over rising US interest rates and global trade tensions. At 9.15am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) was 0.49 of a point lower at 1,740.1 from 1,740.59 on Wednesday. The index opened 2.19 points lower at 1,738.4. A dealer […]

October 18, 2018 | By | Reply More
Ringgit eases on better demand in early trade

Ringgit eases on better demand in early trade

KUALA LUMPUR: The ringgit eased against the greenback in early trade today on better demand, as the Federal Reserve’s latest meeting minutes signalled the possibility of higher borrowing costs. At 9.21am, the local unit stood at 4.1530/1590 against the US dollar from 4.1490/1530 recorded yesterday. A dealer said the meeting minutes showed board members agreeing […]

October 18, 2018 | By | Reply More
Ringgit eases against US dollar in early trade

Ringgit eases against US dollar in early trade

KUALA LUMPUR: The ringgit eased against the greenback in early trade today on better demand, as the Federal Reserve’s latest meeting minutes signalled the possibility of higher borrowing costs. At 9.21 am, the local unit stood at 4.1530/1590 against the US dollar from 4.1490/1530 recorded yesterday. A dealer said the meeting minutes showed board members […]

October 18, 2018 | By | Reply More
KL shares open lower on technical correction

KL shares open lower on technical correction

KUALA LUMPUR: Bursa Malaysia opened lower today on a technical correction and amid concerns over rising US interest rates and global trade tensions. At 9.15 am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) was 0.49 of a point lower at 1,740.1 from 1,740.59 on Wednesday. The index opened 2.19 points lower at 1,738.4. A […]

October 18, 2018 | By | Reply More
Nikkei opens lower after falls on Wall Street

Nikkei opens lower after falls on Wall Street

A pedestrian walks past quotation boards flashing the key Nikkei index of the Tokyo Stock Exchange in Tokyo. (AFP pic) TOKYO: Tokyo’s benchmark Nikkei index opened slightly lower on Thursday after falls on Wall Street, with a stable yen offering some support to exporters. The Nikkei 225 index was down 0.12% or 26.70 points at […]

October 18, 2018 | By | Reply More
Indian regulator asks Fortis Healthcare to recover US$55 million from founders, 8 firms

Indian regulator asks Fortis Healthcare to recover US$55 million from founders, 8 firms

Doctors deliver a baby girl by C-section on board the USNS Comfort, a US Naval hospital ship in Port-au-Prince. (AFP pic) MUMBAI: India’s capital markets regulator has asked Fortis Healthcare to recover 4.03 billion rupees ($55 million) from its founder brothers and firms related to them, pending an investigation into loans made by the company. […]

October 17, 2018 | By | Reply More
UBS offered cars, bonuses to French bankers who lured clients

UBS offered cars, bonuses to French bankers who lured clients

Employees pass between offices as UBS Group AG logo sits on a walkway at the UBS headquarters in Zurich, Switzerland, on Monday, Jan. 22, 2018. (Bloomberg pic) PARIS: UBS Group AG’s French unit offered an elite team of bankers fancy cars and big bonuses to attract wealthy clients in France, sparking tensions with the Swiss […]

October 17, 2018 | By | Reply More