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Business 04 Jun 2012 | 12:00 AM

Asia stocks tumble, Tokyo hits 28-year low amid global rout

TOKYO: Asian shares tumbled on Monday, pushing the broader Tokyo market to a 28-year low, as investors extended a rout of global stocks and worried about a nightmare scenario of euro-zone breakup, U.S. economic relapse and a sharp slowdown in China.

Business 02 Jun 2012 | 12:00 AM

Bursa responds to competition

COMPETITION and the focus on efficiency are catalysts for Bursa Malaysia to step up its game.

Business 02 Jun 2012 | 12:00 AM

Central Banks to hold fire... for now

LONDON: The intensifying euro zone crisis and uncertain global growth outlook have raised hopes for a policy response from major central banks but, while it could be a close call, they are likely to resist pressure to act in the coming week.

Business 01 Jun 2012 | 12:00 AM

GLOBAL MARKETS-Investors stampede to safe govt debt, stocks drop

LONDON: U.S. Treasury yields hit their lowest in hundreds of years and world stocks dropped towards 2012 lows on Friday, as investors scrambled for lifelines on worries about Spain's parlous finances and China's growth outlook.

Business 01 Jun 2012 | 12:00 AM

GLOBAL MARKETS-Shares ease, wary before China, U.S. data

TOKYO: Asian shares eased on Friday, with China's factory activity data and a U.S. jobs report due later in the session making investors cautious as the escalating euro zone debt crisis threatened to further undermine growth worldwide.

Business 01 Jun 2012 | 12:00 AM

GLOBAL MARKETS-Weak China PMI exacerbates bearish sentiment for shares, euro

TOKYO: Asian shares and the euro extended losses on Friday, with Japan's Nikkei poised to log its longest losing streak in two decades, as weak Chinese factory data highlighted concerns that the euro zone debt crisis will further undermine global economic growth.

Other Sport 01 Jun 2012 | 12:00 AM

F1 delays $3 billion Singapore IPO on weak markets

LONDON/SINGAPORE (Reuters) - Motor sport racing company Formula One has delayed its Singapore initial public offer worth up to $3 billion (1.95 billion pounds) due to weak markets, with the sport's boss and part-owner, Bernie Ecclestone, saying the firm is waiting until the time is right.

Business 01 Jun 2012 | 12:00 AM

Graff pulls US$1bil HK share offering

HONG KONG: London luxury jeweller Graff Diamonds has pulled its planned US$1bil Hong Kong initial public offering, the fourth major IPO to be called off in Asia this week, as tumbling stock markets threaten to claim yet more casualties in the region.

Business 31 May 2012 | 12:00 AM

Markets slip on euro zone woes, KLCI steady

Key regional markets were in the red on Thursday, posting losess of up to 1.45%, on a growing rift over how the Europe debt crisis should be resolved.

Business 31 May 2012 | 12:00 AM

Global markets - Euro fears spur fresh demand for safe assets

LONDON: Demand for safe-haven assets kept German and U.S. Treasury debt yields near record lows on Thursday, as worries over Spain and its troubled banks kept markets nervous, although shares and the euro regained some stability.