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Business 16 Apr 2016 | 12:00 AM

How to invest in a mature bull market

THE FTSE Bursa Malaysia KLCI (FBM KLCI) together with the Dow Jones and all major indexes have been bullish over the last seven years. Since the 2008 subprime crisis in the US, markets have been on a virtual uptrend right up to now. It hasn’t quite ended, and here lies the skittishness.

Business 14 Sep 2010 | 12:00 AM

Number of poor Americans on track for record increase

WASHINGTON: The number of people in the U.S. who are in poverty is on track for a record increase on President Barack Obama's watch, with the ranks of working-age poor approaching 1960s levels that led to the national war on poverty.

Business 22 Jun 2012 | 12:00 AM

China factory slump continues

BEIJING: China’s factory sector shrank for an eighth straight month in June as export orders sentiment hit its weakest level since early 2009, according to a survey that indicates the country’s economic trough may extend well into the third quarter.

Business 17 Nov 2014 | 8:54 AM

Japan slips into surprise recession, paves way for tax delay, snap poll

TOKYO: Japan's economy unexpectedly slipped into recession in the third quarter, setting the stage for Prime Minister Shinzo Abe to delay an unpopular sales tax hike and call a snap election just two years after he took office.

Forex 19 Nov 2018 | 10:12 AM

Yuan weakens as trade tensions, easing pressures persist

HONG KONG: The yuan dropped against the dollar on Monday as the United States kept up pressure on China in their bitter trade dispute and as expectations grew that China’s central bank could cut lending rates to combat weakening economic growth.

Economy 03 Jan 2017 | 7:19 AM

China's economy could grow 6.5% in 2017

SHANGHAI: China's economic growth could slow to 6.5% this year from about 6.7% in 2016, a government-run think tank said on Tuesday, while suggesting a one-off devaluation could help stabilise the yuan currency.

Corporate News 23 May 2016 | 7:16 AM

Asian currencies broadly higher as dollar falters

SINGAPORE: Asian currencies rose on Monday, as traders waited to see whether forthcoming US economic data and comments from Federal Reserve officials will bolster the case for the U.S. central bank to raise interest rates soon.

Business 09 Mar 2015 | 12:00 AM

ECB launches QE gambit

It will buy about 60bil euros of public and private bonds each month from today