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Banking 22 Jun 2018 | 12:16 AM Premium

Central banks go their separate ways

Despite growing economies, big and small central banks are signaling diverging paths on rates

Business 21 Jun 2018 | 12:00 AM

Norway setting marker for first rate hike in 7 years

OSLO: Norway’s central bank is seen firming up plans to lift interest rates “after summer” as the richest Scandinavians leave their oil shock behind them.

Economy 19 Jun 2018 | 12:00 AM

My wishlist to Economic Affairs Minister

Dear Datuk Seri Azmin Ali: Pending the announcement by Prime Minister Tun Dr Mahathir Mohamad on the rest of the ministries, we are uncertain as to the specific functions and scope of your ministry.

Corporate News 24 May 2018 | 12:00 AM

Norway’s trillion dollar wealth fund moves a bit closer to oil exit

OSLO: Norway’s US$1 trillion sovereign wealth fund cleared a hurdle on its proposed path to exiting oil and gas stocks.

Corporate News 04 May 2018 | 8:58 AM

Norway's US$1 trillion fund says high return is key objective

OSLO: Norway's $1 trillion sovereign wealth fund, the world's largest, continues to seek high returns regardless of its other objectives, its chief executive told an annual hearing in parliament on Friday.

Business 04 May 2018 | 12:00 AM

Norway decides to raise interest rates

OSLO: Norway’s central bank kept its signal intact to start raising interest rates in the second half of this year, undeterred by a cooling economic recovery in western Europe’s biggest oil producer.

Corporate News 15 Mar 2018 | 12:00 AM

Rising long yields are welcome news for US$1 trillion wealth fund

OSLO: The rise in long-term interest rates is welcome news for the real estate arm of Norway’s US$1 trillion wealth fund.

Business 14 Mar 2018 | 12:00 AM

Stronger case for Norway to raise rates

OSLO: The case is strengthening for Norwegian central bank policymakers to soon raise interest rates for the first time in seven years.

Cryptocurrency 29 Jan 2018 | 6:38 AM

What the world’s central banks are saying about cryptocurrencies

HONG KONG: Nine years since the birth of Bitcoin, central banks around the world are increasingly recognizing the potential upsides -- and downsides -- of digital currencies.

Corporate News 05 Jan 2018 | 12:00 AM

Merger of Scomi Energy fails

PETALING JAYA: With fresh optimism in the oil and gas sector, the move to merge Scomi Energy Services Bhd with its parent company Scomi Group Bhd was shot down by the former’s shareholders at its EGM yesterday.