Europe’s central banks are struggling with divergent quandaries over how to revive inflation and sustain economic growth as the US Federal Reserve prepares to start raising interest rates for the first time since the collapse of Lehman Brothers. — Reuters
Malayan Banking Bhd (Maybank) posted strong earnings of RM1.898bil for the third quarter. It said on Thursday its earnings were up 18% from the RM1.608bil a year ago on the back of a strong revenue growth where the top line rose to RM11.38bil from RM8.934bil. — StarBiz