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Markets 27 Jun 2018 | 8:00 AM

China blue chips hit 13-month low as trade fears falling yuan spook investors

SHANGHAI: China stocks extended a bruising sell-off on Wednesday, with blue chips slumping to their worst loss in over a year on growing concerns about the economic outlook amid a bitter trade dispute with the United States and a faltering yuan.

Corporate News 17 Jun 2018 | 10:47 PM

Malaysia among Asian emerging nations comfortable with Fed hikes

HONG KONG: Higher U.S. rates are rattling many emerging markets in much the same way past tightening cycles did, but the Federal Reserve's hawkishness could also bring cheer for a small group of Asian economies that wouldn't mind seeing their currencies weaken.

Corporate News 08 Jun 2018 | 11:14 PM

Apple to make 20 percent fewer new model iPhones this year

TOKYO: Apple Inc expects to ship 80 million new model iPhones this year, down 20 percent from what it had planned at the same time last year, Japanese financial daily Nikkei reported on Friday, citing industry sources.

SME 14 May 2018 | 12:00 AM

Nurturing entrepreneurs

IN A corner of the reception area of Dwi Emas International School, students can set up a drinks station to sell beverages after classes. It’s part of the school’s efforts to inculcate and encourage entrepreneurship among its students.

Insurance 08 May 2018 | 12:00 AM

Ping An Healthcare plunges below IPO price range

HONG KONG: Investors couldn’t get enough of Ping An Healthcare & Technology Co’s initial public offering (IPO). Now they can’t get out fast enough.

Markets 03 Apr 2018 | 9:50 AM

Tech stocks take a hit after Wall Street selloff

KUALA LUMPUR: Tech and electronics manufacturing services (EMS) stocks took a hit on Tuesday after the overnight selloff on Nasdaq and further aggravated by the rising US-China trade war as funds reduced their exposure.

Markets 14 Mar 2018 | 1:01 AM

Asian shares slip on US protectionism fears(Update)

SYDNEY:Asian shares faltered on Wednesday amid fears of rising U.S. protectionism as President Donald Trump fired his Secretary of State, regarded as a moderate in his administration, and sought to impose hefty tariffs on Chinese imports.

Markets 14 Sep 2017 | 4:38 PM

FTSE hits bump on sterling jump after BoE rate hike signal

LONDON: Britain’s top share index dropped to a four-month low on Thursday as sterling surged after the Bank of England signalled that it was likely to raise rates in the coming months, weighing on the FTSE 100’s predominantly dollar-earning constituents.

Business 28 Aug 2017 | 2:12 PM

Wall St edges up as health, home improvement chains climb

NEW YORK: Wall Street opened slightly higher on Monday, driven by gains in health and home improvement retailers’ shares, while investors assessed the impact of Tropical Storm Harvey on the US economy.

Business 12 Jan 2017 | 3:25 PM

US stocks off to worst start in 2017 after Trump speech

NEW YORK: Wall Street’s main indexes on Thursday got off to their worst start this year after Donald Trump gave little clarity on his promises for economic growth that had powered a record-breaking rally on Wall Street for two months.