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KUALA LUMPUR: Malaysian consumer confidence gained momentum in the second quarter (Q2), climbing eight spots to make the country the 28th most confident globally, according to a Nielsen poll spanning 63 countries.
BEIJING: China's economy expanded slightly faster than expected in the second quarter but private investment growth shrank to a record low, suggesting future weakness which could pressure the government to roll out more support measures.
KUALA LUMPUR: AmBank (M) Bhd aims to attract an additional RM1.8bil in fixed deposits through its "Win an all-new 2016 Toyota Vellfire with AmBank!" campaign.
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.
TOKYO: Japan’s central bank on Tuesday held fire on unleashing more stimulus, after its surprise introduction of negative interest rates earlier this year was slammed as a desperate bid to stir growth.
PARIS: French banks, unlike their European rivals, are vowing to hang on to a broad array of businesses and even grow market share, a strategy backed by long-term investors but penalised by the market.
HONG KONG: Hong Kong is bracing for greater economic challenges as the prospect of a new cycle of interest rate rises drives fears of capital outflows that could put further pressure on the Asian financial hub.