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Economy 29 Nov 2018 | 12:00 AM

Malaysia still on top of EM list

KUALA LUMPUR: Malaysia remained at the top of the emerging-market (EM) list, thanks to its current account surplus, relatively stable economic growth outlook and valuations.

Metro News 29 Nov 2018 | 12:00 AM

Investment company launches its corporate biography

PERMODALAN Nasional Bhd (PNB) unveiled its first comprehensive corporate biography at a launch held at Mandarin Oriental Kuala Lumpur.

Auto 29 Nov 2018 | 12:00 AM

Trump threatens to cut GM subsidies in retaliation for US job cuts

WASHINGTON: US President Donald Trump has threatened to eliminate subsidies for General Motors Co in retaliation for the automaker cutting US jobs and plants, and the automaker also took fire from Canadian political and labour leaders for cutbacks there.

World 28 Nov 2018 | 11:40 PM

Zimbabwe drivers queue for hours as fuel pumps dry up again

HARARE (Reuters) - Motorists in Zimbabwe have been queuing for hours as fuel pumps run dry, with many filling stations in the capital Harare empty on Wednesday as the country suffers its second fuel crisis in just over a month amid a severe dollar shortage.

World 28 Nov 2018 | 11:23 PM

Nigerian opposition aims to outflank Buhari with regional gambit

ONITSHA, Nigeria (Reuters) - The main challenger in Nigeria's election next year aims to outflank President Muhammadu Buhari by campaigning in a sometimes neglected part of the country where the incumbent is deeply unpopular: the southeast.

Markets 28 Nov 2018 | 10:58 PM

Is the US Fed's 3-year tightening cycle drawing to a close?

NEW YORK: Federal Reserve Chair Jerome Powell injected investors with a strong dose of optimism on Wednesday, saying that the central bank's policy rate is now "just below" estimates of a level that neither brakes nor boosts a healthy U.S. economy, comments that many investors read as signaling the Fed's three-year tightening cycle is drawing to a close.

Economy 28 Nov 2018 | 10:50 PM

Extreme Brexit could be worse than financial crisis for UK

LONDON: Britain risks suffering an even bigger hit to its economy than during the global financial crisis 10 years ago if it leaves the European Union in a worst-case Brexit scenario in four months' time, the Bank of England said on Wednesday.

Markets 28 Nov 2018 | 10:42 PM

Wall St. surges on hints of fewer rate hikes, US$ falls

NEW YORK: Comments by Federal Reserve Chair Jerome Powell that benchmark U.S. interest rates were "just below" neutral sparked a sharp rally on Wall Street on Wednesday, easing investor worries about the pace of rate hikes by the U.S. central bank next year

World 28 Nov 2018 | 10:40 PM

No swift new EU sanctions on Russia seen after Ukraine sea incident

BRUSSELS (Reuters) - The European Union's hawks have called for more sanctions on Russia after a fresh flare-up of tensions with Ukraine but the divided bloc is not going to act swiftly, if at all, diplomatic sources said.

World 28 Nov 2018 | 7:57 PM

EU's climate chief calls for net-zero emissions by 2050

BRUSSELS (Reuters) - The European Union's climate chief called for the bloc to take the lead and aim for net-zero greenhouse gas emissions by 2050 in its climate strategy published on Wednesday, ahead of key U.N. talks on curbing global warming.