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Business 03 May 2019 | 12:00 AM

Few signs of turnaround for factory slump

Frankfurt: The eurozone’s manufacturing slump extended into a third month, with little to suggest that a turnaround is imminent.

Markets 21 Dec 2017 | 7:06 AM

Malaysian bourse and ringgit seen strengthening in 2018

PETALING JAYA: An improving economy, recovering consumer sentiment and better corporate earnings will help support the stock market and ringgit next year.

Economy 17 May 2017 | 7:00 AM

BoJ's Kuroda says told Abe will continue with ultra-easy policy

TOKYO: Bank of Japan governor Haruhiko Kuroda said he told premier Shinzo Abe that the central bank will continue its ultra-easy monetary policy in a meeting held on Wednesday.

Markets 08 May 2017 | 4:47 AM

Asean stocks up on Macron victory, Jakarta hit record high

SINGAPORE: Most Southeast Asian stock markets rose on Monday as investors breathed a sigh of relief after Emmanuel Macron won the French presidential election, while better-than-expected Indonesian economic growth lifted the market to a record high.

Economy 27 Jan 2016 | 7:43 AM

BoJ seen to favour standing pat

TOKYO: Bank of Japan (BoJ) policymakers would prefer to hold back additional monetary easing at their meeting on Friday, people familiar with the central bank's thinking say, though global market volatility could yet force their hand.

Business 15 Jul 2014 | 12:49 PM

Bank of Japan holds off fresh stimulus, says economy recovering

TOKYO: The Bank of Japan on Tuesday held off expanding its vast stimulus programme, saying the world's number three economy was recovering despite activity taking a hit from April's sales tax hike.

Business 13 Jun 2014 | 11:17 AM

Bank of Japan holds fire on stimulus, says economy recovering

TOKYO: The Bank of Japan on Friday held off expanding its stimulus programme and said the world's number three economy was recovering, despite fears a sales tax rise will dent growth.

Business 11 Sep 2013 | 12:00 AM

Abe moves toward tax hike

TOKYO: Japanese Prime Minister Shinzo Abe ordered his government to craft measures to bolster the economy to cushion the impact of an increase in the national sales tax.

Economy 05 Sep 2013 | 11:31 AM

BoJ maintains stimulus, says economy recovering

The Bank of Japan declared the world's third-largest economy is recovering as it voted on Thursday to maintain its monetary stimulus, offering a more upbeat view than last month on growing signs that the benefits of its expansionary policy are broadening.

Business 08 Jun 2013 | 12:00 AM

The United States as the No. 1 oil exporter

TRAVELLING in the United States this week reminded me how fundamentally resilient and competitive is its economy. Washington DC did not show any signs of recession, with the perfect blend of summer cool evenings and young students and old tourists wandering around Georgetown and the Mall.