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KUALA LUMPUR: The reflation trade is carving out refuges in some curious places, case in point: emerging Asian debt.
KUALA LUMPUR: 1Malaysia Development Bhd (1MDB) is confident of continuing to meet its debt service obligations with the successful implementation of its ongoing rationalisation plan.
SINGAPORE: Selling insurance against a financial crisis should not be difficult, five years after the last one nearly wrecked the global economy.
KUALA LUMPUR: All public listed companies (Plcs) which announce a book-closing date for cash dividends on or after Sept 1, will be required to credit such payments directly to shareholders' bank accounts under the eDividend initiative by Bursa Malaysia Bhd.
NEW YORK: Americans want to be close to their cash. People are bailing out of bank certificates of deposit and parking their cash in checking and savings accounts that earn little or no interest but also don't exact penalties for early withdrawal.
DALLAS: A federal judge ruled Friday that a court-appointed receiver who took over companies run by Texas billionaire R. Allen Stanford can recover only the interest - not the principal - on investments that federal prosecutors say fed a multibillion-dollar Ponzi scheme.