Big questions for markets for 2015 NEW YORK: Wall Street was generally calmer in 2014 than in previous years, but that doesn't mean the stock market was devoid of drama. 27 December 2014 | 9:14AM | Stocks
Challenging year for equities The local stock market’s benchmark index hit an all-time high this year and also saw record trading volumes. 27 December 2014 | 12:00AM | stocks
Japan govt approves $29 bln stimulus spending TOKYO: Japan's government approved on Saturday stimulus spending worth $29 billion aimed at helping the country's lagging regions and households with subsidies, merchandise vouchers and other steps, but analysts are sceptical about how much it can spur growth. 27 December 2014 | 7:57PM | Economy
Oil at US$20 or US$75? AMID increasing uncertainty on the forward earnings of oil and gas services companies, the management of Yinson Holdings Bhd is fairly confident that its earnings for the next two years at least are fairly protected on the ground that the contracts are water tight. 27 December 2014 | 12:00AM | short position
The economy to watch in 2015 Growth in the Philippines may have slowed down in the third quarter of 2014 but that isn’t putting a dampener on how some view this market. 27 December 2014 | 12:00AM | year ender
Bakrie Group hogs the limelight The politically connected Bakrie Group and its flagship company PT Bumi Resources hogged the limelight in the corporate scene in Indonesia with two deals valued at a total of US$1.65bil. 27 December 2014 | 12:00AM | ananda deals
New electric car to run 400 miles in single charge NEW YORK: U.S. electric car maker Tesla Motors Inc will relaunch its Roadster model with a new battery pack that will increase the distance the car can travel on a single charge by nearly two-thirds to more than 400 miles. 27 December 2014 | 7:12AM | Auto
Russian economy minister sees inflation at 10 percent by end of 2015 MOSCOW: Russian Economy Minister Alexei Ulyukayev sees inflation at 10 percent by the end of next year, he told Rossiya 24 television on Friday, as the rouble crisis persists. 27 December 2014 | 7:06AM | Economy
Slipping on oily stocks While the second half of 2014 has seen the oil market grapple with chaos as prices dived to the US$60 level, the initial bullish environment saw big money raised for many listed oil and gas service providers. 27 December 2014 | 12:00AM | Oil
Thailand beats the odds THAILAND has had a tough time of it since 2008. “Stalemate”, “uncertainty”, “gridlock” and “crisis” are some of the words that have been used to describe the country’s politics in recent years as so-called pro-establishment “yellow shirt” supporters battle against their anti-establishment “red shirt” rivals in sometimes bloody confrontations. 27 December 2014 | 12:00AM | Thailand
AirAsia faces biggest crisis as jet goes missing SINGAPORE/KUALA LUMPUR: AirAsia was built up from two planes in 2001 to an airline industry titan that operates more than 180 jets in just over a decade but now faces its biggest ever challenge. 29 December 2014 | 6:39AM | Airlines
Markets rise, Saudi budget helps them shrug off oil below $60 DUBAI: Gulf stock markets rose on Sunday despite oil's weakness as Saudi Arabia's plan to maintain government spending at a high level boosted investor confidence. 28 December 2014 | 10:25PM | Markets
Saudi 2015 budget based on oil price around $60 DUBAI: Saudi Arabia's 2015 state budget assumes an oil price close to current levels of around $60 a barrel for Brent crude, a shift from past budgets which were based on prices well below market levels, analysts say. 28 December 2014 | 10:19PM | Economy
Trade-weighted euro may be set for shock upswing in 2015 LONDON: While investors are betting the euro will fall against the dollar next year, hopes that the European economy will therefore get a boost could be premature: it may not depreciate at all against currencies of other major trading partners. 28 December 2014 | 10:17PM | Banking
China to widen deposit base for banks BEIJING: The People's Bank of China (PBOC) will change rules governing how loan-to-deposit ratios are calculated at banks starting from next year, according to a copy of a central bank document seen by Reuters, in a move that will boost liquidity conditions. 28 December 2014 | 10:14PM | Banking
Japan govt approves $29 bln stimulus spending TOKYO: Japan's government approved on Saturday stimulus spending worth $29 billion aimed at helping the country's lagging regions and households with subsidies, merchandise vouchers and other steps, but analysts are sceptical about how much it can spur growth. 27 December 2014 | 7:57PM | Economy
China's November industrial profits falls most in 27 months SHANGHAI: Chinese industrial profits dropped 4.2 percent in November to 676.12 billion yuan ($108.85 billion), official data showed on Saturday, the biggest annual decline since August 2012 as the economy hit major unexpected headwinds in the second half. 27 December 2014 | 7:56PM | Corporate News
Big questions for markets for 2015 NEW YORK: Wall Street was generally calmer in 2014 than in previous years, but that doesn't mean the stock market was devoid of drama. 27 December 2014 | 9:14AM | Stocks
Firms making headway overseas It is long known that the Philippine corporate scene is one dominated and controlled by a number of family businesses. 27 December 2014 | 7:50AM |
Malaysian palm oil notches biggest weekly gain in eight as Malaysia floods worsen KUALA LUMPUR: Malaysian palm oil futures hit their highest in over a month on Friday, notching their biggest weekly gain in eight weeks as fears of floods disrupting supplies in the world's second-largest producer outweighed earlier losses. 27 December 2014 | 7:31AM | Palm Oil
Southeast Asia stocks: Malaysia posts best week since May 2013 BANGKOK: Malaysia's key index hit a more than two-week high on Friday, marking the best weekly gain in 19 months, as inflows from domestic institutions lifted large caps while the Thai benchmark rebounded after late buying in dividend-yielding stocks 27 December 2014 | 7:27AM | Stocks
Brazil's Petrobras hit with US class action suit over US$98bil in securities NEW YORK: Brazil's state-run oil company Petroleo Brasileiro SA and some of its executives were hit with a U.S. class action lawsuit by investors in US$98 billion of the company's securities over an alleged kickback and bribery scheme. 27 December 2014 | 7:21AM | Oil & Gas
Oil declines amid stronger US$, crude oversupply in U.S NEW YORK: Oil prices fell Friday, tumbling as the dollar strengthened and as a supply glut in top consumer, the United States, trumped worries about falling production from Libya. 27 December 2014 | 7:17AM | Oil & Gas
New electric car to run 400 miles in single charge NEW YORK: U.S. electric car maker Tesla Motors Inc will relaunch its Roadster model with a new battery pack that will increase the distance the car can travel on a single charge by nearly two-thirds to more than 400 miles. 27 December 2014 | 7:12AM | Auto
Standard Chartered hires ex-U.S. prosecutors amid sanctions probe ST. LOUIS: Standard Chartered Plc has hired two former prosecutors to police its transactions for criminal activity, a spokesman said on Friday, as the British bank wrestles with a series of legal and compliance problems. 27 December 2014 | 7:09AM | Banking