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Corporate News 05 Sep 2016 | 1:18 AM

AmInvestment Research retains Hold for Westports

KUALA LUMPUR: AmInvestment Bank Research is retaining its Hold call for Westports with an unchanged fair value (FV) of RM4.16 a share as it maintains its our numbers for now, pending greater clarity from the implementation of the shipping alliances.

Corporate News 02 Sep 2016 | 6:33 AM

Hanjin Shipping collapse prompts US retailers to seek help

SEOUL: US retailers urged their government to take steps to minimise disruption from the collapse of South Korea's Hanjin Shipping Co Ltd as more of its vessels have been seized or blocked from entering ports around the world.

AseanPlus News 02 Sep 2016 | 12:07 AM

Obama makes final trip to China, Southeast Asia

Aboard Air Force One (AFP) - Barack Obama begins his 11th and final presidential trip to the Asia-Pacific in earnest on Friday, visiting China to nurture what has become arguably the world's most important relationship and cementing an eight-year "pivot to Asia."

AseanPlus News 22 Jan 2016 | 12:00 AM

More pressure on Japan’s PM

TOKYO: A Japanese minister who was the country’s top negotiator for a huge trans-Pacific trade deal was accused of corruption, piling pressure on Prime Minister Shinzo Abe ahead of parliamentary elections this year.

AseanPlus News 21 Jan 2016 | 8:18 AM

Japan minister who negotiated for TPP accused of corruption

TOKYO: A Japanese minister who was the country's top negotiator for a huge trans-Pacific trade deal was accused of corruption on Thursday (Jan 21), piling pressure on Prime Minister Shinzo Abe ahead of parliamentary elections this year.

Economy 16 Dec 2015 | 8:24 PM

Canada seen dawdling on ratification of Trans-Pacific trade deal

OTTAWA/WASHINGTON: Canada is set to hold back on ratifying a key Asia-Pacific trade treaty, a move that would assuage critics but might hamper Washington’s bid to build domestic support for the deal, according to sources close to the talks.

Business 31 Oct 2015 | 9:55 AM

Dollar falls on profit-taking, commodity currencies rise

NEW YORK: The dollar fell on Friday, reducing its monthly gain against a basket of currencies, as traders who favored commodity-linked currencies booked profits on gains tied to the U.S. Federal Reserve's unexpected hint it may raise rates in December.

Business 06 Oct 2015 | 3:14 PM

Trans-Pacific Partnership deal: Who stands to gain, suffer in Asia-Pacific

The Trans-Pacific Partnership is the biggest trade agreement in history, reducing tariffs and other forms of protectionism in a dozen countries making up about 40 percent of the global economy with economic output of almost $30 trillion.

Business 06 Oct 2015 | 10:34 AM

Malaysia, Vietnam sovereigns rally on TPP agreement

SINGAPORE: Several Asian sovereign credits received a boost today from the signing of a new trade agreement between several countries in the Americas and Asia.

Nation 02 Oct 2015 | 11:40 AM

Trans-Pacific trade pact ministers extend talks to Saturday, vow to reach deal

ATLANTA: Trade ministers from a dozen Pacific nations meeting in Atlanta extended talks on a sweeping trade deal until Saturday in a bid to get a final agreement on the most ambitious trade pact in a generation.