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Why are stock markets complacent?

Think Asian by Andrew Sheng
THERE has been so much bad news lately that the only good news, if you believe it, lies in the stock market. Simply put, despite all the trade war and political bad news, the US stock markets hover around historical highs. And Asian stock markets are still guided by sentiment in Wall Street.

Brunei sultan returns Oxford degree after backlash

LONDON: Brunei’s Sultan Hassanal Bolkiah (pic) has returned an honorary degree awarded by Britain’s Oxford University after a global backlash led by celebrities including George Clooney and Elton John for proposing the death penalty for gay sex and adultery.

Negative pressure builds overhead

REVIEW: The FBM KLCI kept a relatively muted movement on the technical charts despite the turmoil of the US-China trade spat that continued to roil global markets.

Eye on stock: Kossan

KOSSAN Rubber Industries Bhd (code: 7153) extended its rally over the past week, putting itself in position to test the overhead resistance at RM4.

Treasury Pulse

Global Forex Market

The dirt on money laundering

Money laundering Money is the main cause for people to engage in almost any type of criminal activity. Money-laundering is the process of concealing the source of illicit funds or “dirty money.’’

Nomura CEO pay cut over information leak

NOMURA Holdings Inc’s chief executive officer will take a pay cut to assume responsibility for improper handling of stock market information by employees, the latest setback for the struggling Japanese securities firm.

Tennis: Federer admits he's stepping into the unknown in Paris

PARIS (Reuters) - Having won 20 grand slam titles during a glittering career, one might think that Roger Federer has seen it all.

Pope names women to key Vatican department for first time

VATICAN CITY (Reuters) - Pope Francis appointed women on Friday to a key Vatican department for the first time since it was founded more than 50 years ago, a move welcomed by Catholic women's groups as a significant advance.

'We're not Chinese officers': Indonesia fights anti-China disinformation

JAKARTA (Reuters) - Indonesian police arrested a man on Friday accused of creating an anti-Chinese disinformation campaign to incite racial hatred, amid a proliferation of rumours alleging Chinese involvement in post-election unrest that has raised fears of ethnic violence.