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Business 07 Mar 2014 | 8:48 AM

Asian shares edge up, dollar index slumps

TOKYO: Asian stocks edged up and the dollar index slumped on Friday, as investors looked toward the US nonfarm payrolls report later in the session for confirmation that the US employment picture has improved.

Business 08 Mar 2014 | 12:57 PM

Stocks drop on rising Ukraine tensions, oil gains

NEW YORK: A surprisingly strong US jobs report on Friday sent bond and gold prices sharply lower and initially lifted equity markets, but mounting tensions over Ukraine led stocks in Europe and elsewhere to retreat, while U.S. shares ended little changed.

Business 17 Mar 2014 | 7:39 AM

Global shares under pressure Monday as diplomatic tensions rise on Crimea

TOKYO: Asian shares got off to a shaky start on Monday after citizens of Crimea overwhelmingly voted to break with Ukraine to join Russia, prompting the U.S. and the European Union to issue fresh warnings of imminent sanctions against Moscow.

Commodities 25 Mar 2014 | 4:14 PM

Gold off 1-month low, but US rate hike worries cap gains

SINGAPORE: Gold rebounded on Tuesday from a one-month low hit in the prior session, helped by short covering and a rise in bullion-backed exchange traded fund holdings, but expectations of higher US interest rates and a lack of physical buying capped gains.

Commodities 28 Apr 2014 | 10:20 AM

Gold at 1½-week high on Ukraine anxiety

SINGAPORE: Gold climbed to its highest in 1½ weeks on Monday, as weaker equities and escalating geopolitical tensions in Ukraine boosted the metal's safe-haven appeal.

Economy 16 Apr 2014 | 12:00 AM

Don't fear trade pacts as overall M'sia will benefit

PETALING JAYA: Malaysians should not fear trade pacts the Government has or plans to enter into, says International Trade and Industry Minister Datuk Seri Mustapa Mohamed.

Economy 15 Apr 2014 | 2:46 PM

Tokyo stocks close up 0.62%

TOKYO: Tokyo stocks rose 0.62 % Tuesday after a rally on Wall Street and as the yen weakened against the dollar in response to upbeat US economic data. The benchmark Nikkei 225 index added 86.65 points to finish at 13,996.81, while the Topix index of all first-section shares climbed 0.29%, or 3.33 points, to 1,136.09.

Business 13 Apr 2014 | 4:46 PM

Reforms to IMF hit serious deadlock - G20 official

WASHINGTON: Reforms to the International Monetary Fund have hit a deadlock despite a declaration from global financial chiefs that they would move forward without the United States if it fails to ratify the changes by year-end, a G20 official said on Sunday.

Business 26 May 2014 | 8:24 AM

China's state-owned sector told to cut ties with US consulting firms

LONDON: China has told its state-owned enterprises to sever links with American consulting firms just days after the United States charged five Chinese military officers with hacking US companies, the Financial Times reported on Sunday.

Business 03 May 2014 | 11:39 AM

Sabah SMEs have grownpast five years

KOTA KINABALU: The small and medium enterprises (SMEs) sector in Sabah has grown by 65 per cent in the past five years with 40,884 such establishments currently operating in the state.