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Banking 24 May 2018 | 3:38 AM

Bank Negara says RM2b land purchase done at fair value

KUALA LUMPUR: Bank Negara Malaysia says it had initiated the purchase of 55.79 acres of land from the government for RM2bil and it was conducted as an arms-length transaction.

Banking 04 May 2018 | 5:15 AM

As currencies weaken, Asia's central bankers go for classic defence

SINGAPORE: To deal with a familiar combination of falling currencies and uncertainty about economic growth, Asian central banks are reverting to their classic policy playbook. They are intervening in currency markets while concurrently injecting cash into their economies.

Economy 02 May 2018 | 11:21 PM

Asia sees signs of export weakness before key US-China trade talks

HONG KONG: Manufacturing activity remained relatively solid in major Asian economies such as China and Japan in April, but exports showed signs of weakness across the region, a worrying development given heightened Sino-U.S. trade tensions.

Business 01 May 2018 | 12:00 AM

DBS sees robust year after record Q1 profit cheers

SINGAPORE: Singapore’s DBS Group Holdings Ltd said it expects a strong performance this year, after it reported a record high net profit for the first quarter, powered by higher interest rates and loan growth in an improving economy.

Forex 09 Apr 2018 | 8:55 AM

China a favourite for investors even as trade war risks grow

SINGAPORE: China's currency, bonds and stocks are among fund managers' top picks for 2018 as they bet the United States and China will avert a full-blown and potentially costly trade war.

Corporate News 20 Feb 2018 | 12:00 AM

Bond funds seek refuge in emerging markets of Asia

SINGAPORE: The Treasuries rout is making emerging Asian bonds look even more attractive.

Banking 08 Feb 2018 | 12:00 AM

US rattles sabre on trade

SEOUL: A year after US President Donald Trump took office, heightened rhetoric out of Washington about unfair trade has kept Asian policymakers reluctant to openly talk down their currencies despite the dollar’s slump to multi-year lows.

Corporate News 04 Jan 2018 | 12:18 PM

Bank Negara buys land for RM2b for financial education hub

KUALA LUMPUR: Bank Negara Malaysia has acquired a piece of land near the central bank here from the government for its financial education hub.

Markets 19 Dec 2017 | 4:11 AM

US tax reform to add tightening pressure in Asia, Goldman says

SINGAPORE: A mammoth tax package coming in the U.S. will add pressure on Asian central banks to tighten while aiding the region’s exports, according to Goldman Sachs Group Inc.