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Business 03 Dec 2018 | 12:00 AM

Stock markets to shut Wednesday to honour late president

NEW YORK: Stock markets will close Wednesday for a national day of mourning to honour former President George H.W. Bush. The Securities Industry and Financial Markets Association hasn’t confirmed whether bond markets will also be closed.

Corporate News 12 Nov 2018 | 7:06 AM

Wall Street's US$45 trillion China dream inches toward reality

HONG KONG: Chinese President Xi Jinping said in a speech last week that the country was “steadily widening the opening up” of its financial industry.

World 06 Oct 2018 | 6:23 PM

Banks back Democrats in bid to rebuild bipartisan support

WASHINGTON (Reuters) - Banks are going to bat for Democrats in the U.S. November midterm congressional elections as part of an ambitious strategy to rebuild the bipartisan support they enjoyed before the 2007-2009 financial crisis.

Banking 08 Jun 2018 | 12:00 AM

Asia banks urge watchdogs to approve more fintech

HONG KONG: Regulators need to do more to allow new technologies that could help in the fight against money laundering, as financial institutions are struggling with ever-growing compliance costs, an Asia finance industry group said.

Business 19 May 2018 | 12:00 AM

Brokers wary of trading snags as China’s stocks go global

HONG KONG: China’s stock market will finally join MSCI Inc’s global indexes on June 1, but there are still some sticking points that worry brokers and could cause a trading upset.

Corporate News 18 May 2018 | 2:24 AM

Brokers wary of trading snags as China's stocks go global

HONG KONG: China’s stock market will finally join MSCI Inc.’s global indexes on June 1, but there are still some sticking points that worry brokers and could cause a trading upset.

Business 16 May 2018 | 12:00 AM

Malaysian markets stable and orderly post-election

PETALING JAYA: Post-election, Malaysian onshore financial markets remain stable and orderly, and continue to function in an effective manner, facilitating smooth intermediation activities among market participants.

Banking 15 May 2018 | 2:52 PM

Onshore financial markets remain stable, says Financial Markets Committee

KUALA LUMPUR: Malaysia’s onshore financial markets remain stable and orderly when they reopened on Monday after the 14th General Election, says the Financial Markets Committee (FMC).

Corporate News 21 Apr 2018 | 12:08 AM Premium

China wants prices just right for tech listings lured home

Officials are working to reverse a long-standing trend of marquee companies listing overseas

Business 10 Mar 2018 | 12:00 AM

Emerging world bond outlook still good

MICHAEL Chang Wai Sing is the chief investment officer of fixed income for RHB Asset Management Sdn Bhd with over 17 years of fund management experience on fixed income investments for insurers and asset management companies.