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World 28 Oct 2012 | 12:00 AM

Wall Street to open Monday as storm hobbles New York

NEW YORK (Reuters) - Wall Street firms prepared to open for business on Monday at least with skeletal staff, booking hotel rooms for key employees and leaning on offices in other cities as Hurricane Sandy forced the New York mass transit system to shut down, leaving tens of thousands of employees stuck at home.

Business 10 Mar 2018 | 12:00 AM

Emerging world bond outlook still good

MICHAEL Chang Wai Sing is the chief investment officer of fixed income for RHB Asset Management Sdn Bhd with over 17 years of fund management experience on fixed income investments for insurers and asset management companies.

Business 03 Dec 2012 | 12:00 AM

Wall Street's detour around rules aimed to safeguard world's US$640tril over-the-counter derivatives market

SINGAPORE: Wall Street banks are looking to help offshore clients sidestep new U.S. rules designed to safeguard the world's $640 trillion over-the-counter derivatives market, taking advantage of an exemption that risks undermining U.S. regulators' efforts.

Business 11 Nov 2014 | 6:49 AM

SEC chief says undertaking comprehensive US stock market review

NEW YORK: Regulators are undertaking a comprehensive data-driven review of the rules underpinning the U.S. equity markets, including the pricing and rebate system used by exchanges, the head of the Securities and Exchange Commission said on Monday.

Economy 20 Nov 2017 | 6:50 AM

Bank Negara Governor: Ringgit priced more efficiently but still far from fair value

KUALA LUMPUR: The ringgit is now priced more efficiently and increasingly more reflective of Malaysia’s strong fundamentals as the influence of external factors have been squashed though it is far from reflecting its fair value due to misperceptions.

Business 01 Jul 2017 | 12:00 AM

Divided views on Malaysia’s second-half performance

ALTHOUGH Malaysia has had a good year-to-date performance with growth that surpassed expectations, a currency that outperformed its peers when benchmarked against the US dollar, and foreigners that have bought into local stocks, there are divided views on how the second half of the year will pan out.

Business 14 Aug 2013 | 8:15 AM

Nasdaq To Take On Greater Policing Role On Its Stock Exchange

NEW YORK: Nasdaq OMX Group Inc plans to assume a greater role in the policing of its U.S. stock exchange, according to a regulatory filing, in a move that follows calls by Wall Street for an end to the self-regulatory status of exchanges.

Business 09 Jul 2013 | 12:00 AM

Deadline looms for US tax evasion law

WASHINGTON: In one week, the United States is scheduled to begin registering foreign financial firms with US customers for a new anti-tax evasion law, despite industry lobbying to secure another implementation delay.

Business 26 Aug 2008 | 12:00 AM

US, Australian securities regulators sign accord

WASHINGTON (AP) - U.S. and Australian stock exchanges and brokers could be allowed to operate in each other's countries without being subject to most local regulation, under a new agreement between regulators.