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Economy 01 Oct 2014 | 4:37 PM

Asian shares mixed, dollar breaks 110 yen mark

HONG KONG: Asian markets were mixed Wednesday, with Japan's Nikkei giving up earlier gains despite a surprise pick-up in business confidence and the dollar's breaching of the 110 yen level for the first time since 2008.

Banking 18 Oct 2014 | 12:00 AM

BoJ offer to buy bills fails to draw sellers

TOKYO: The Bank of Japan’s offer to buy over US$28bil of government bills fell short of enticing enough sellers, the first failure since the BoJ began the current stimulus last year and a sign of the receding potency of its easing programme.

Business 19 Nov 2014 | 12:00 AM

Malaysia uses holistic approach for monetary policy

KUALA LUMPUR: Bank Negara uses a holistic approach to formulate Malaysia’s monetary policy by looking at various factors based on current and future economic conditions, said Bank Negara governor Tan Sri Dr Zeti Akhtar Aziz.

Business 18 Nov 2014 | 8:56 AM

Japan leads tentative Asian share rebound, helped by US megadeals

TOKYO: Japanese shares led a tentative recovery in Asian shares on Tuesday, drawing some support from two U.S. blockbuster acquisitions and anticipation of more European monetary stimulus.

Business 12 Nov 2014 | 8:53 AM

Malaysian palm oil/Vegoils: Market factors to watch Nov 12 Wed

KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Wednesday.

Business 13 Nov 2014 | 6:59 AM

Report: Oil price slump means Asia, including M'sia, can cut costly fuel subsidies

LAUNCESTON, Australia: The 25 percent drop in Brent crude so far this year is providing an unparalleled opportunity for Asian governments to scale back or end fuel subsidies.

Nation 22 Nov 2014 | 12:00 AM

We must think of the poor, say consumer groups

PETALING JAYA: The removal of fuel subsidy will hit the poor and middle-income earners, say consumer groups.

AseanPlus News 22 Nov 2014 | 12:00 AM

Japan PM calls for snap elections

TOKYO: Japan’s lower parliamentary chamber was dissolved ahead of a mid-December general election that Prime Minister Shinzo Abe says will be a referendum on his faltering “Abenomics” economic growth blitz.

Economy 04 Nov 2014 | 10:28 AM

Nikkei soars to 7-yr high on GPIF, BoJ euphoria

TOKYO: Japanese stocks jumped to a seven-year peak on Tuesday, as investors lapped up a set of positive catalysts including an unexpected central bank move to ease policy further and a reallocation of funds to domestic stocks by the public pension fund.

Business 18 Dec 2014 | 12:00 AM

Japan export growth slows, maintains policy pressure on Abe

TOKYO: Japan’s exports grew for a third straight month in November from a year earlier, but much more slowly than expected and despite a sharp fall in the yen, maintaining economic policy pressure on Prime Minister Shinzo Abe days after his ruling coalition’s big election win.