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Business

China ready to slow yuan descent

Central bank fears sharp yuan drops could fuel capital outflows

Comment

Trump: disruption, risk and response

IF, as president, Donald Trump carries out all that he proposed – and threatened – to do during the bruising US presidential election campaign, there will no doubt be disruption to the liberal political and economic system, both in his country and in the global order hitherto under American leadership.

World

China sees THAAD deployment as 'weather vane' under Trump

BEIJING (Reuters) - Whether President-elect Donald Trump goes through with a deployment of a U.S. anti-missile system in South Korea will be a key indicator to how political ties unfold with China, sources with ties to the leadership in Beijing said.

Business

Asia shares divided Monday, US$ on high

SYDNEY: The U.S. dollar touched a nine-month peak in Asia on Monday as the risk of faster inflation at home and greater bond issuance kept Treasury yields elevated, a painful mix for assets in many emerging market countries

Business

Giving the Trump’s up or down

Cheers or fears as president-elect to take office on Jan 20

Business

Better-than-expected economic growth

DESPITE the doom and gloom in recent months, the Malaysian economy managed to expand with a gross domestic product (GDP) growth of 4.3% for the third quarter ended Sept 30 compared with the same quarter a year ago, better than the market’s median expectations of 4% while on a quarter-on-quarter basis, GDP grew by 1.5%.

Business

Nasdaq loses ground as heavyweights slump (Update 1)

NEW YORK: The Nasdaq lost ground sharply in late morning trade on Thursday, dragged down by market heavyweights Apple and Amazon, as investors poured money into others sectors that may benefit from Donald Trump’s victory in the US election.

Business

KLCI closes off day's best, CIMB, Maybank advance

KUALA LUMPUR: CIMB Group and Malayan Banking (Maybank) helped underpin the FBM KLCI's gains on Thursday as key Asian markets rebounded after the sell-off the previous day following Donald Trump's shock US presidential victory.

Business

Asia shares rebound as Trump turnaround 'astonishes'

SYDNEY: Asian shares rebounded on Thursday and the dollar firmed after global markets made a remarkable comeback from the shock of Republican Donald Trump's presidential victory, dumping safe-havens for the tempting returns of risk assets.

Business

Global capital markets rattled

PETALING JAYA: Global capital markets rattled due to uncertainties on economic and trade policies to be set by United States president-elect Donald Trump.