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Business

Top foreign and local stories at 3.45pm

Top foreign and local stories at 3.45pm

Business

Russia boosts oil sales in Asia

SINGAPORE: Russian oil producers have strengthened their position in Asia by supplying nearly a quarter more crude this year, shifting the balance of power in one of the few bright spots in the global market and blunting Opec's high-profile drive to win customers.

Business

Malaysian palm oil/Vegoils: Market factors to watch on Friday Dec 18

KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Friday Dec 18 2015.

Business

Singapore’s November exports in surprising fall

SINGAPORE: Singapore’s exports unexpectedly fell in November, dented by a continued contraction in shipments to China, its biggest export market, and as weak external demand clouded the outlook for the city-state’s trade sector.

Business

BP Plastics denies buying stake in Tomypak

PETALING JAYA: BP Plastics Holding Bhd has denied making any moves to acquire any interest in food packaging materials manufacturer Tomypak Holdings Bhd.

Business

Taiwan cuts key rate as export slump deepens

TAIPEI: Taiwan cut its policy rate for a second straight quarter, marking a divergence from the US, as a contraction in exports shows no signs of a recovery.

Opinion

Year of firsts for Malaysia and China

It was a year of record-breaking superlatives for bilateral relations, although there are still issues to be resolved.

Business

Markets rise on rate hike

PETALING JAYA: Key regional markets, including Bursa Malaysia, reacted positively to the United States Federal Reserve’s (Fed) first interest rate hike in nine years, although concerns linger on the impact to be felt on the future rate hikes anticipated to take place next year.

Nation

Govt to review Budget 2016 if oil remains at present price

KUALA LUMPUR: The Government will have to review Budget 2016 should the price of Brent Crude remain at current levels.

Business

Singapore Nov exports decline unexpectedly as China demand weakens

SINGAPORE: Singapore's exports unexpectedly fell in November, dented by a continued contraction in shipments to China, its biggest export market, and as weak external demand clouded the outlook for the city-state's trade sector.