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Forex 01 Sep 2016 | 4:48 PM

Singapore remains largest forex centre in Asia-Pacific

SINGAPORE: Singapore remains the largest foreign exchange centre in Asia-Pacific and third largest globally after London and New York, according to the 2016 Triennial Central Bank Survey of the global foreign exchange and over-the-counter derivatives markets by the Bank for International Settlements (BIS).

Corporate News 23 Oct 2016 | 8:50 AM

2017 Budget: Embracing the digital revolution

IN THE words of Klaus Schwab, Founder and Executive Chairman of the World Economic Forum, we stand on the brink of a technological revolution that will fundamentally alter the way we live, work and relate to one another.

Property 04 Jan 2017 | 8:58 AM

TRX shaping up well with better investor confidence

KUALA LUMPUR: Tun Razak Exchange (TRX), an iconic 28ha mixed development in the heart of Kuala Lumpur, is shaping up well amid better investor confidence with the first phase on track for completion as scheduled.

Business 27 Jan 2017 | 12:00 AM

Sime plans to split operations

Move will create listed entities for plantation and property divisions

Business 20 Sep 2017 | 2:54 AM

Steve Wozniak to speak at World Islamic Economic Forum

KUALA LUMPUR: Steve Wozniak, Apple Inc co-founder will speak at the Face to Face* session during the 13th World Islamic Economic Forum (WIEF). This year, the anchoring Forum discourse on the impact and challenges of disruptive change, the Forum will be held at the Borneo Convention Centre in Kuching, Sarawak, Malaysia from Nov 21 to 23, 2017.

Economy 25 Oct 2017 | 6:15 AM

Cash ban, GST disruptions to cool India’s GDP growth to a 4-year low

BENGALURU: India’s economy will likely grow at its slowest pace in four years this fiscal year, a Reuters poll showed, as a currency ban and the new goods and services tax (GST) have disrupted business activity and dampened consumer demand.

Business 06 Nov 2017 | 7:31 AM

Oil hits highest levels since 2015 amid tightening markets, Saudi purge

SINGAPORE: Oil prices hit their highest levels since July 2015 early on Monday as markets tightened, while Saudi Arabia’s crown prince cemented his power over the weekend through an anti-corruption crackdown that included high profile arrests.

Economy 27 Apr 2018 | 12:00 AM

Low inflation extends era of negative rates in Sweden

STOCKHOLM: Sweden’s central bank just can’t get enough inflation.

Markets 03 May 2018 | 4:28 AM

To stress test emerging-market bonds, look at foreign ownership

TOKYO: Local emerging-market bonds have had a rough month, roiled by concerns that rising U.S. interest rates mean investors will pull money out of riskier markets to park more cash in the developed world. Those with the highest foreign ownership could be most exposed.

Business 02 Jun 2018 | 12:00 AM

Serba Dinamik bulking up

IN a move that will fortify its position as a global, integrated engineering services provider, Serba Dinamik Holdings Bhd has been on a slew of mergers and acquisitions (M&A) in the first half of the year.