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Economy 10 Jan 2017 | 3:35 AM

Top banker sees ringgit rebounding from 19-year low

KUALA LUMPUR: Malaysia’s ringgit is set to rebound from a 19-year low as official measures to boost demand for the currency kick in, according to a top banker and member of the central bank’s financial markets committee.

Business 28 Nov 2016 | 12:00 AM

HK-Shenzhen stock trading link to start on Dec 5

HONG KONG: China will start its second stock-trading link with Hong Kong on Dec 5, another step in the country’s efforts to open up the mainland market.

TECH 08 Nov 2016 | 10:28 AM

Asia financial body says China cyber security law could make risk management harder

The chief of one of Asia's most prominent financial trade bodies said new cyber security rules in China could make it harder for foreign companies operating in the country to manage risk as cyber threats become increasingly cross-border.

Corporate News 12 Nov 2018 | 7:06 AM

Wall Street's US$45 trillion China dream inches toward reality

HONG KONG: Chinese President Xi Jinping said in a speech last week that the country was “steadily widening the opening up” of its financial industry.

Banking 08 Jun 2018 | 12:00 AM

Asia banks urge watchdogs to approve more fintech

HONG KONG: Regulators need to do more to allow new technologies that could help in the fight against money laundering, as financial institutions are struggling with ever-growing compliance costs, an Asia finance industry group said.

Business 01 Feb 2019 | 12:00 AM

China to scrap limits on IPO pricing, debut gains

Beijing plans tech-stock exchange to attract new-economy firms

Business 22 Dec 2014 | 7:32 AM

China stock connect scheme scorecard throws up surprises

HONG KONG: A month after China opened up its equity markets in a landmark trading link with Hong Kong, demand has been subdued and the bulk of activity has come from short-term speculative investors.

Business 30 Apr 2010 | 12:00 AM

Workers march on Wall Street, protest big banks

NEW YORK: Thousands of workers and union leaders marched on Wall Street on Thursday to express their anger over lost jobs, the U.S. taxpayer-funded bailout of financial institutions and questionable lending practices by big banks.

AseanPlus News 04 Mar 2012 | 12:00 AM

There’s more to the oil frenzy than Iran’s antics

ONE day Iran’s President Mahmoud Ahmadinejad gets the rap for surging oil prices; the next day an improving global economy gets the credit for it. There’s some truth to both these explanations, though neither tells the full story.

Business 22 Oct 2013 | 6:55 AM

Wall Street banks learn how to survive in staged cyber attack

NEW YORK: A few months ago, a group of Wall Street banks fashioned a risk-manager's worst nightmare to determine how they would survive. Luckily, it was all pretend.