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FRANKFURT: Deflation is back on the minds of European Central Bank (ECB) officials, presaging battles for President Christine Lagarde over whether the euro zone needs yet more monetary stimulus.
I RETURN to the office this week, joining thousands of bankers from Citigroup Inc to Morgan Stanley that are trickling back to their desks in Hong Kong. After almost five months working from home, it’s going to take some getting used to.
VIETNAM is pulling ahead in the race to reopen South-East Asia to city-hoppers and sunseekers.
PETALING JAYA: The Defence Ministry has issued a letter to Boustead DCNS Naval Corp Sdn Bhd to claim liquidated damages involving two Royal Malaysian Navy submarines.
EVERY third dollar changing hands on Singapore Exchange Ltd is because of someone buying or selling units in a real estate investment trust (REIT). But has the city’s REIT mania gone a bit too far?
KUALA LUMPUR: Boustead Heavy Industries Corp Bhd (BHIC) said a joint venture company Boustead DCNS Naval Corp Sdn Bhd (BDNC) had received a letter from the Ministry of Defence (Mindef) claiming liquidated damages amounting to RM11.6mil and €6.46mil (RM31.2mil).
Europe’s airlines aren’t all made equal. German flag carrier Deutsche Lufthansa AG will receive a 9bil (US$10bil) bailout and it was obliged to offer only limited concessions to Brussels in return.