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SHANGHAI: To see how little investors love China’s small banks, look no further than the nation’s largest online auction site.
KUALA LUMPUR: HSBC has pioneered the country's first blockchain transaction with the execution of a letter-of-credit (LC) deal which involved the import of resin by Malaysia’s Simply Packaging Sdn Bhd (Simply Packaging) from a Singaporean company.
BEIRA, Mozambique (Reuters) - The face of President Filipe Nyusi beams from flags billowing across Mozambique's city of Beira, where T-shirts and posters colour the streets with his Frelimo party's signature red in what is usually an opposition stronghold.
Facebook faces a rough road ahead with Libra, but defections by high-profile partners are still unlikely to spell the end for the digital currency.
KUALA LUMPUR: Finance Minister Lim Guan Eng said on Monday that even with the two-percentage point increase in income tax rate for those with taxable income in excess of RM2mil, the rate remains among the lowest in this region.
NEW DELHI: India’s financial fraud agency said worth 40.25 billion rupees (US$567.60mil) of Bhushan Power & Steel Limited were connected with a money-laundering probe, a move that could scupper the debt-ridden firm’s sale to JSW Steel Ltd.
NEW YORK: The biggest US banks are expected to kick off the earnings season on a sour note this week due to falling interest rates, which may have pressured net interest margins enough to cause the sector’s first year-over-year earnings per share decline in three years.
SMALL and medium enterprises (SMEs) are often the most vulnerable to the uncertainties and volatility of today’s business environment. With escalating costs and a slowing global economy, an SME is often at risk of thinning profit margins.
THERE are a lot of fun things to do when on holiday. Running long distance, however, is not one of them.
TECHNOLOGY has been both a boon and a curse to the country’s multi-generational workforce.