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Business 23 Mar 2009 | 12:00 AM

Banks give advice on appropriate risk management

BANKS have turned cautious on trade financing for which demand has dropped by as much as 70% in certain cases.

Business 13 Jun 2009 | 12:00 AM

Asia to lead economic recovery?

THE slew of encouraging economic data continue to trigger hopes for an earlier-than-expected recovery for the world economy. Even so, economists are putting their bets on different regions to be the one that will lead the recovery process. While it is widely anticipated that it would be Asia, especially China, some US-based economists would beg to differ.

Advertising & Media 12 Sep 2015 | 12:00 AM

Leo Burnett spreading wings

AFTER carving a significant presence in the Malaysian advertising market, Leo Burnett Malaysia is looking to expand its work in Asean and Europe to meet the growing needs of its international clients for creative and effective campaigns.

Business 21 Sep 2010 | 12:00 AM

Expert Economic panel says US recession over

WASHINGTON: The longest recession the U.S. has endured since the Great Depression ended in June 2009, a group that dates the beginning and end of recessions declared Monday.

Economy 17 Dec 2015 | 5:35 AM

HK braces for economic chill ahead of new rate hike cycle

HONG KONG: Hong Kong is bracing for greater economic challenges as the prospect of a new cycle of interest rate rises drives fears of capital outflows that could put further pressure on the Asian financial hub.

Business 13 Aug 2008 | 12:00 AM

Japanese economy posts second-quarter contraction

TOKYO (AP) - Japan's economy shrank sharply in the second quarter, the government said Wednesday, as slowing exports and waning consumer demand pushed the world's No. 2 economy to the brink of recession.

Business 10 Apr 2012 | 12:00 AM

Five reasons the US job market might be weakening

WASHINGTON (AP) - Economists mostly shrugged off news that U.S. hiring slowed in March as a one-month aberration warped by warm weather.