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Business 03 May 2017 | 12:00 AM

Ringgit and Philippine peso lead Asian currency rally

KUALA LUMPUR: Better late than never. The ringgit and the Philippine peso have clambered aboard the Asian currency rally, advancing against the dollar and spurring flows into equity markets.

Economy 03 May 2017 | 12:00 AM

Why MSCI boost isn't enough for Pakistan

KARACHI: As foreign funds pile into this year’s risk rally, one of the world’s newest emerging markets is missing out on the action.

Business 03 May 2017 | 12:00 AM

Latest results propel Malaysia Airports

PETALING JAYA: Shares in Malaysia Airports Holdings Bhd (MAHB) jumped to its highest level in more than a year after its first quarter results ended March 31 came in better than what the market had expected.

Economy 03 May 2017 | 12:00 AM

Asian factories get off to solid start on strong global demand

NEW DELHI: Factories across much of Asia got off to a solid start in the second quarter, buoyed by strong global demand, particularly for hi-tech gadgets which are leading a sizzling rally in electronics.

Technology 02 May 2017 | 4:51 PM

Despite record highs, fund managers globally remain underweight Apple

NEW YORK: Active stock fund managers around the world are holding the lowest percentage of Apple Inc shares in their portfolios when compared to the iPhone maker's overall weighting in indexes, even as the shares hit record highs, according to a research note by investment bank UBS late Monday

Economy 02 May 2017 | 4:36 PM

Asian factories get off to solid start in second quarter

NEW DELHI: Factories across much of Asia got off to a solid start in the second quarter, buoyed by strong global demand, particularly for hi-tech gadgets which are leading a sizzling rally in electronics

World 02 May 2017 | 8:23 AM

Venezuelan leader's foes, supporters hold rival May Day marches

CARACAS (Reuters) - Venezuela's unpopular socialist President Nicolas Maduro announced on Monday the creation of a new popular assembly with the ability to re-write the constitution, which foes decried as a power-grab to stifle weeks of anti-government unrest.

Economy 02 May 2017 | 6:17 AM

Fitch: China's capital controls to hamper yuan internationalisation

BEIJING: China's steps to control capital outflows and lingering expectations of further yuan depreciation are likely to impede the pace of yuan internationalisation, which has lost momentum over the last two years, international ratings agency Fitch said.

World 02 May 2017 | 5:13 AM

Macron sticks to labour reform plans in rally speech

PARIS (Reuters) - Centrist French presidential frontrunner Emmanuel Macron on Monday rejected calls from the left to amend the pro-business reforms in his electoral programme.

World 02 May 2017 | 2:23 AM

Protester waving U.S. flag disrupts Havana May Day rally

HAVANA (Reuters) - A protester waving a U.S. flag briefly disrupted May Day celebrations in Havana, running out in front of hundreds of thousands of Cubans set to march across Revolution Square before being tackled and carried away.