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Corporate News 10 Nov 2016 | 11:29 AM

KLCI closes off day's best, CIMB, Maybank advance

KUALA LUMPUR: CIMB Group and Malayan Banking (Maybank) helped underpin the FBM KLCI's gains on Thursday as key Asian markets rebounded after the sell-off the previous day following Donald Trump's shock US presidential victory.

Corporate News 10 Nov 2016 | 1:00 AM

Asia shares rebound as Trump turnaround 'astonishes'

SYDNEY: Asian shares rebounded on Thursday and the dollar firmed after global markets made a remarkable comeback from the shock of Republican Donald Trump's presidential victory, dumping safe-havens for the tempting returns of risk assets.

Business 10 Nov 2016 | 12:00 AM

China watchers greet Trump win with trepidation

HONG KONG: Donald Trump’s victory in the US presidential election is giving China watchers something new to worry about - the threat of a trade war between the two largest economies.

Business 10 Nov 2016 | 12:00 AM

Global capital markets rattled

PETALING JAYA: Global capital markets rattled due to uncertainties on economic and trade policies to be set by United States president-elect Donald Trump.

Corporate News 09 Nov 2016 | 8:00 AM

Global markets roiled as Trump wins election in shock upset

HONG KONG: Global markets were thrown into disarray as Donald Trump won the U.S. presidential election, shocking traders after recent polls indicated that Hillary Clinton would be the victor.

Forex 07 Nov 2016 | 3:23 AM

An Asian investor’s haven for US elections: yen and a basket of arms

SINGAPORE: No matter who wins the race for the White House, markets are betting on one truly safe investment, and that is the currency of a country with bleak economic prospects - Japan.

Corporate News 07 Jan 2016 | 2:51 AM

Brent crude hits new 11-year low as China worries add to glut

SINGAPORE: Brent crude prices fell to fresh 11-year lows on Thursday as fresh concerns over China's economy added to huge storage overhangs, near-record production and slowing demand that have already pummelled prices.

Business 13 Feb 2015 | 12:00 AM

Avoid devaluing currencies to boost trade

NEW DELHI: The United States will “oppose and push back very hard” against attempts to boost exports by weakening exchange rates, Treasury Secretary Jacob J. Lew said in one of his strongest statements yet on a potential currency war.

Business 21 Jul 2014 | 12:00 AM

Market's attention to Ukraine and Gaza may be limited

NEW YORK: Volatility spiked last Thursday after the tragedy of a downed civilian jetliner in Ukraine and the mounting death toll in Gaza and Israel interrupted the summer trading slumber.

Business 28 Jun 2013 | 12:00 AM

China slaps anti-dumping tax on EU chemicals

BEIJING: China has announced it would impose anti-dumping tariffs on a chemical imported from the European Union, the latest twist in a series of bitter trade disputes between the two economic giants.