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Business 25 Mar 2019 | 12:00 AM

Brexit housing crash fears stay in London

LONDON: The Brexit-inspired decline in London’s property values has yet to cause any serious ripples in other areas of the UK

Business 07 Mar 2019 | 12:00 AM

BIS: Corporate bonds at risk of crash on abrupt downgrades

LONDON: Surging supply of corporate debt in the riskiest investment-grade category leave markets vulnerable to a rout if economic weakness triggers bouts of rating downgrades, according to the Bank for International Settlements.

Markets 18 Sep 2018 | 12:00 AM

China’s stocks sink to lowest level seen in US$5 trillion crash

SHANGHAI: China’s sinking stock market reached an unwelcome milestone, with the Shanghai Composite Index closing at the lowest level since 2014, before a stock boom that turned into a US$5 trillion bust.

Markets 18 Mar 2018 | 10:30 PM

Ten years after US$16 tril crash, Americans still have not fallen back in love with stocks

NEW YORK: Luke Thomas, 44, an information technology field manager who lives in Miami, began investing in the U.S. stock market in his early 20s, attracted by the prospect of learning “how to grow a little bit of money into a lot,” he said

Business 08 Jul 2017 | 12:00 AM

But... chances of another crash remain

IT’S almost taboo to talk about a potential looming crisis when things seem to be going so well and everyone is basking in optimism.

Property 08 Jul 2017 | 12:00 AM

Yinson maintains profitability despite oil price crash

BEING in the capital intensive industry of operating floating production, storage and offloading (FPSO) vessels, Yinson has always strived to be disciplined in its financial management, says its group chief strategy officer Daniel Bong.

Business 18 May 2010 | 12:00 AM

Secretive speed stock traders in spotlight after crash

NEW YORK: If you saw a penny on the sidewalk, would you pick it up?

Business 17 Nov 2012 | 12:00 AM

Top economists: U.S. heading for another crash, debt crisis looms

SANTA MONICA, Calif: Two leading U.S. economists expressed deep pessimism on Friday that politicians in Washington will be able to strike a deal to rein in America's soaring national debt.

Business 17 May 2004 | 12:00 AM

India's stock market suffers biggest crash in years

India's stock market crashed Monday in one of the biggest falls in years, prompting regulators to suspend trading as investors remained wary about the economic policies of the incoming communist-supported government in New Delhi.

Business 06 Mar 2013 | 12:00 AM

European stocks hit highest since 2008 crash

LONDON: European stock markets rose to their highest since the 2008 financial crisis on Wednesday, helped by signs the U.S. economy is improving and expectations of more pledges of support for growth from major central banks.