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Economy 14 Apr 2016 | 5:58 AM

Japan likely averted recession in Q1

TOKYO: Japan's economy is expected to have narrowly avoided another recession at the start of 2016 but economists in a Reuters poll also predicted that growth and inflation will remain tepid this year, held back in part by the recent sharp rise in the yen.

World 14 Apr 2016 | 5:54 AM

IMF chief eyes 'bigger, bolder' effort on refugee crisis

WASHINGTON (Reuters) - International Monetary Fund Managing Director Christine Lagarde on Wednesday said efforts to deal with refugees from war-torn countries in the Middle East and North Africa required a "bigger, bolder and broader approach."

Economy 14 Apr 2016 | 5:46 AM

With plenty of punch, central bankers wait in vain for the world to drink

WASHINGTON: Central bankers usually worry about when to remove the punch bowl of cheap finance but when they gather in Washington, D.C. this week they will face a different problem: How to force the world to drink. Amid a flood of cheap money and a historic experiment with negative interest rates, households, corporations and banks in the developed world have turned their backs on borrowing.

Business 14 Apr 2016 | 5:40 AM

KLCI flat at midday despite strong regional advance

KUALA LUMPUR: The FBM KLCI remains flat at the midday close despite Asian equities resuming a second day of strong advances while emerging market currencies trended downwards.

Corporate News 14 Apr 2016 | 5:06 AM

Singapore unexpectedly eases policy as growth stalls, currency tumbles

SINGAPORE: Singapore's central bank unexpectedly eased policy on Thursday after growth stalled in the first quarter, darkening the outlook for the trade-dependent economy and triggering the worst fall in the local dollar in eight months.

Forex 14 Apr 2016 | 4:54 AM

Dollar extends gains as sentiment improves

TOKYO/SYDNEY: The dollar was broadly firmer on Thursday, having posted its biggest one-day gain in more than a month as an improvement in global sentiment led investors to trim bearish dollar positions.

World 14 Apr 2016 | 12:59 AM

Ukraine set for new government after coalition backs Groysman for PM

KIEV (Reuters) - A coalition of Ukraine's two largest parties has agreed to back Volodymyr Groysman for prime minister and reshuffle the cabinet, lawmakers said on Wednesday, paving the way for the biggest shake-up since a 2014 uprising brought in a pro-Western leadership.

Banking 14 Apr 2016 | 12:52 AM

Diary Malaysia Thursday April 14


Business 14 Apr 2016 | 12:00 AM

Singapore to regulate fintech firms only when they pose risk

SINGAPORE: Singapore will start to regulate its financial technology companies only when they grow to a sufficient size to pose risks to the wider financial system, the managing director of the country’s central bank said.

Business 14 Apr 2016 | 12:00 AM

MAS to refrain from easing policy

SINGAPORE: Singapore's central bank will probably refrain from easing policy when it meets today, saving its ammunition to fight a faltering global economy and political shocks that may spark turmoil later in the year.