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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.
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.
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."
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.
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.
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.
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.
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.
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.