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Business

Weak Japan exports, not tax hike, could shake BOJ

TOKYO: The Bank of Japan is increasingly confident that the economy is weathering a recent tax increase and on its way out of deflation, but another threat to that optimistic scenario is lurking - weak exports.

Business

DBS, OCBC see record quarterly profit

SINGAPORE: Singapore's DBS Group Holdings and Overseas Chinese Banking Corp reported record first quarter profit that topped market forecasts, powered by double-digit loan growth and improved margins.

Business

How much debt should a Malaysian household have?

Since the late 2000s, there has been a growing gap between the actual household debt of the average Malaysian household to the acceptable amount.

Business

DBS less keen on M&A after Indonesia bank deal failure

SINGAPORE(Reuters): Singapore's DBS Group Holdings said it has little appetite for acquisitions after a $7.2 billion bid for PT Bank Danamon Indonesia Tbk stumbled, adding that it would instead redouble efforts to expand its existing Indonesian operations.

Business

Getting to grips with time

Time is a tyrant that bows to no one. There never seems to be enough hours in the day to deal with the siren call of the email, social media or a WhatsApp message (or all of them).

Business

'More equitable' US fine for BNP Paribas expected

PARIS: France’s finance minister says talks between BNP Paribas and US authorities over a potential fine for the bank for breaching US sanctions have progressed towards a “more equitable” level.

Business

Company finds success with massage therapy from Thailand

Company's founder overcomes many obstacles on the way to making a name for himself in the massage spa business.

Business

Obama deflects French pressure to intervene in BNP dispute

NEW YORK/PARIS: President Barack Obama dismissed on Thursday any prospect that he might intervene to help BNP Paribas bank, which risks losing one of its most senior executives over US allegations of sanctions busting.

Business

ECB hurls cash at eurozone economy

THE European Central Bank (ECB) has cut interest rates to record lows, launched a series of measures to pump money into the sluggish eurozone economy, and pledged to do more if needed to fight off the risk of Japan-like deflation.

Business

Household debt - the current fear factor

THE household debt situation in Malaysia may worsen and impact economic growth in the long run if the situation is left unchecked.