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Business 03 Apr 2013 | 12:00 AM

Asian shares mark time before banks, U.S. jobs data

TOKYO: Asian shares were effectively flat in Wednesday morning trade, cautiously marking time before key U.S. jobs data and news from central bank policy meetings in Japan and Europe later in the week.

Business 29 Mar 2013 | 12:00 AM

Rating upgrade on Philippine shares could prove short-lived

HONG KONG: The Philippines could attract more capital inflows after winning its first-ever investment grade rating, but any boost to local bonds, stocks or the peso currency is likely to be mild for now, investors and analysts say.

Business 19 Mar 2013 | 12:00 AM

Asian shares rebound from Cyprus bailout scare, vote eyed

TOKYO: Asian shares rebounded on Tuesday from the previous session's steep falls, but investors remained wary over a bailout plan for Cyprus which was set for a parliamentary vote later in the day.

Business 14 Mar 2013 | 12:00 AM

SGX tightens grip on Asian derivatives market

SINGAPORE: Singapore Exchange Ltd (SGX) has announced two new tie-ups with other Asian bourses and disclosed plans for a number of new trading products as it tries to strengthen its position as the region’s top exchange for derivatives.

Business 14 Mar 2013 | 12:00 AM

KLCI opens in the red as profit taking continues

Malaysia's blue chips fell sharply in early trade on Thursday as profit taking picked up pace on index-linked counters.

Business 12 Mar 2013 | 12:00 AM

Asian shares inch up on record Dow, yen slips

TOKYO: Asian shares inched higher on Tuesday, following Wall Street's record close overnight as growing confidence in the U.S. economy overrode concerns in the euro zone, while the yen slipped to fresh lows on speculation over imminent monetary easing.

Business 09 Mar 2013 | 12:00 AM

Indonesia – a growing Asean economic power

EARLY last year, my friends and I flew to Jakarta for a short three-night visit. For most of us, who have only ever been there for work, the trip was an eye-opener.

Business 07 Mar 2013 | 12:00 AM

Dow at another record high, European stocks at five-year high

NEW YORK: Wall Street mostly edged higher on Wednesday, with the Dow hitting another record, helped by a private payroll survey that bodes well for the monthly jobs report due at the week's end.

Business 07 Mar 2013 | 12:00 AM

The Dow – old, yes, but hardly irrelevant in march to record

NEW YORK: ,Market professionals sometimes deride it as a relic, deeply flawed in its structure, useful mostly as the man-on-the-street’s window on the stock market.

Business 06 Mar 2013 | 12:00 AM

KLCI rises to 7-week high

Malaysia's blue chips advanced on Wednesday, mirroring the positive key regional markets after Wall Street's record close, with the FBM KLCI rising to a seven-week high of 1,648.8.