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Business 16 Jan 2016 | 12:00 AM

BoJ's Kuroda says no plan to ease policy now

TOKYO: Bank of Japan Governor Haruhiko Kuroda said he had no plan to expand monetary stimulus now, blaming sharp declines in oil costs for keeping consumer inflation distant from the bank’s ambitious 2% target.

Business 16 Jan 2016 | 12:00 AM

Range-bound trading likely

REVIEW: Soon after opening the week a shade above the flat line, Bursa Malaysia’s key barometer, the Kuala Lumpur Composite Index (FBM KLCI) slipped into the negative territory due to bad news flow.

Corporate News 15 Jan 2016 | 10:24 AM

KLCI, key Asian markets down while oil falls below US$30

KUALA LUMPUR: The FBM KLCI fell nearly five points towards Friday close, tracking the weakness in the key regional markets especially China as the Shanghai index closed lower than at any time since December 2014, while crude oil fell below the key US$30 level again.

Markets 15 Jan 2016 | 7:14 AM

Asean markets mixed, Indonesia trims gains after trade data

BANGKOK: Southeast Asian stock markets were mixed on Friday, with stocks in Indonesia trimming early gains as investors weighed in weak December trade data, while fragile sentiment remained in Asia amid weak oil prices and disappointing Chinese data.

Corporate News 15 Jan 2016 | 7:09 AM

Asia stocks hit more than 3 yr lows as oil, China worries take toll

SINGAPORE/TOKYO: Asian stocks slumped to 3-1/2-year lows on Friday as brief gains earlier in the session gave way to renewed pressure on oil prices and disappointing Chinese data, ratcheting up investor concerns about the global economy.

Corporate News 15 Jan 2016 | 2:07 AM

Plantations lead KLCI higher early Friday

Plantations led the FBM KLCI higher early Friday as sentiment firmed up in line with the rebound on Wall Street but analysts expect pre-weekend liquidation in the later part of the day.

Business 15 Jan 2016 | 12:00 AM

Japan’s MUFG buying 20% of Philippines' Security Bank for US$774mil

MANILA: Japan’s biggest bank Mitsubishi UFJ Financial Group is buying a fifth of mid-sized Philippine lender Security Bank Corp for US$774mil, in what will be the biggest foreign financial sector equity investment in the Southeast Asian nation.

Corporate News 14 Jan 2016 | 10:32 AM

KLCI ends volatile Thursday at day’s low as Petronas Chemicals slumps

KUALA LUMPUR: Malaysia’s blue chips ended Thursday on a downbeat note, with selling seen accelerating towards the close, with Petronas Chemicals erasing more than six points from the FBM KLCI.

Technology 14 Jan 2016 | 6:28 AM

PC shipments slump for fourth year, soft recovery seen in 2016

Global shipments of personal computers (PCs) fell 8% to 288.73 million units in 2015 from a year ago and Gartner Inc is cautiously optimistic about a soft recovery in 2016.

Economy 14 Jan 2016 | 5:00 AM

Petronas Chemicals drags KLCI into red, Brent below US$30

Petronas Chemicals extended its losses at midday on Thursday as investors turned cautious after the rally in the share price, erasing more than five points from the FBM KLCI, while Brent crude oil fell below the crucial US$30 a barrel mark again.