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Business 29 Jul 2019 | 4:29 AM

China's economy weakened in July, early indicators show

BEIJING: China’s economy continued to weaken in July, bolstering the case for greater policy support to shore up growth as talks over the trade dispute with the US continue.

Business 29 Jul 2019 | 12:13 AM Premium

London Stock Exchange eyes US$15b bet for Blackstone's Refinitiv

A deal would help the UK-based exchange operator expand its business as a data provider to investors and companies

Business 29 Jul 2019 | 12:00 AM

LSE in talks to buy Refinitiv

LONDON: The London Stock Exchange Group Plc (LSE) said it was in discussions to acquire financial data analytics provider Refinitiv Holdings Ltd for US$27bil, including debt.

Business 29 Jul 2019 | 12:00 AM

Chin Well gains from US-China trade war

BUKIT MERTAJAM: A beneficiary of the ongoing US-China trade war, Chin Well Holdings Bhd will ramp up output of its industrial fastener products to 120,000 tonnes from 105,000 tonnes for the financial year ending June 30, 2020, to cater to rising demand.

Business 28 Jul 2019 | 11:09 PM

US imports more samarium-cobalt magnets from Malaysia and Philippines

BEIJING: China's exports of rare earth magnets to the United States fell 3.9% in June from the previous month, customs data showed on Saturday, as concerns persist that Beijing will curb supply of rare earth products as part of its trade war with Washington.

Business 26 Jul 2019 | 12:00 AM

Hong Kongers scout for Canada, UK properties

TORONTO: As protests continue to rock Hong Kong, real estate brokers in Canada and the UK are fielding a flood of inquiries from investors in the former British colony who are eager to get out.

Business 24 Jul 2019 | 12:00 AM

Return to easy money to slam bank profits in US, Europe

NEW YORK: As policy makers globally prepare to cut borrowing costs again, banks around the world are feeling the heat.

Business 24 Jul 2019 | 12:00 AM

Blackstone weighs Cheniere Energystake sale

HOUSTON: Blackstone Group is considering selling its stake in Cheniere Energy Partners LP, according to sources, seven years after agreeing to invest about US$1.5bil in the owner of the first major liquefied natural gas export terminal in the United States.

Business 24 Jul 2019 | 12:00 AM

Luxury brands are taking over the street art scene

LONDON: Tourists flock to London’s Shoreditch to admire the street art that coats the trendy neighborhood in a riot of colour. What they may not expect to find alongside works by Banksy or Mr Cenz are the spray-painted logos of Swatch and Christian Louboutin.

Business 24 Jul 2019 | 12:00 AM

European banks on lookout for sweeteners

FRANKFURT: Banks are waiting to hear how Mario Draghi (pic) plans to sweeten the bitter pill of more interest-rate cuts.