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World

Obama says to keep pressing China on currency, intellectual property

WASHINGTON (Reuters) - The United States will continue to press China on its currency, protection of intellectual property and state-owned businesses, U.S. President Barack Obama said on Thursday ahead of bilateral trade talks next week.

Community

Chess players square off in a battle of wits

CHESS players from 19 countries, including Malaysia, battled it out during the 6th Penang Heritage City International Chess Open at the Red Rock Hotel in Jalan Macalister.

Business

China tells banks to step up lending

SHANGHAI: China has told its banks to issue more loans in the final months of 2014 and has relaxed limits on their loan-to-deposit ratios to help hit a record new lending target as the government steps up efforts to lift flagging economic growth.

Opinion

An uphill battle against smokes

Plans to reduce tobacco consumption in world’s most populous country are not easy.

World

China police search for missing Vietnamese brides - paper

SHANGHAI (Reuters) - Police in northern China are investigating the disappearance of more than 100 Vietnamese women who had been sold as wives to Chinese men via a broker who is also missing, the China Daily reported on Thursday.

Business

China stocks end lower on slide in brokerages, IPO woes

SHANGHAI: China stocks closed down on Thursday, hit by a slump in brokerages after local media reported that the regulator had set up a team to check brokers' margin business.

China

China sentences state-owned firm chief to death for graft

BEIJING, Dec 11, 2014 (AFP) - China has sentenced the head of a state-owned company to death for corruption involving nearly 400 million yuan ($64.8 million), state media reported, in a rare instance of an official being condemned to die.

World

Hong Kong works to keep Islamic finance momentum as firms balk

(Reuters) - Hong Kong's government is trying to maintain the territory's momentum toward becoming an Islamic finance centre, as other potential sukuk issuers show little enthusiasm.

Business

Asia Forex: Ringgit slides, baht, won, yuan advance;

The following table shows rates for Asian currencies against the dollar at 0135 GMT on Thursday.

Business

Palm oil/Vegoils: Market factors to watch Dec 11 Thursday

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