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Economy 03 Jan 2017 | 7:19 AM

China's economy could grow 6.5% in 2017

SHANGHAI: China's economic growth could slow to 6.5% this year from about 6.7% in 2016, a government-run think tank said on Tuesday, while suggesting a one-off devaluation could help stabilise the yuan currency.

Business 14 Dec 2016 | 12:00 AM

Thailand approves shopping tax break for consumers to boost spending

BANGKOK: Thailand's cabinet has approved a shopping tax incentive for consumers to spur spending before the end of the year, as the military government tries to lift sluggish economic growth.

Analyst Reports 18 Nov 2016 | 4:03 AM

Gas Malaysia’s outlook remains subdued

PETALING JAYA: Although volume growth is expected to remain subdued in view of the relatively weaker economic outlook, Gas Malaysia Bhd’s earnings forecasts for financial years of 2016 until 2018 (FY16-18) have been raised by 4-5%, primarily due to more streamlined operations.

Nation 15 Nov 2016 | 2:23 AM

Malaysia exploring other options if TPPA falls through

KUALA LUMPUR: Malaysia is exploring other options, including negotiating bilateral free trade agreements (FTA) with countries in the Trans Pacific Partnership in the event the agreement does not materialise.

Business 15 Nov 2016 | 2:22 AM

Mustapa explains the current status of TPPA

KUALA LUMPUR: International Trade and Industry Minister Datuk Seri Mustapa Mohamed explains the status of the TPPA in a statement on Tuesday

World 24 Oct 2016 | 6:52 AM

Centre-right opposition declares victory in Lithuania election

VILNIUS (Reuters) - Lithuania's centre-right opposition Peasants and Greens party declared victory after a second round of voting in a general election on Sunday and said it would start negotiations with the Homeland Union and Social Democrats over forming a coalition government.

Business 08 Oct 2016 | 12:00 AM

Affordable housing: What’s with the fuss?

IT is increasingly a cause for concern to see the rising cost of living leading to a significant erosion of income. This results in more youths and job entrants unable to afford decent dwelling, be it in urban or sub-urban areas.

World 26 Sep 2016 | 11:09 PM

EU leaders to consider how to improve Russia ties without dropping sanctions

BRUSSELS (Reuters) - European Union leaders will explore next month the possibility of improving strained ties with Russia in response to growing irritation among some member states over economic sanctions imposed on Moscow over its role in the Ukraine crisis.

Business 15 Sep 2016 | 12:00 AM

Ringgit leads decline in emerging Asian currencies

PETALING JAYA: The ringgit led the decline in emerging Asian currencies, as regional stocks retreated and investors sold out of high-yielding assets amid a global bond rout. Extending its weak performance since last Friday, the ringgit fell 0.36% to close at 4.1285 against the US dollar.

Business 18 Aug 2016 | 10:41 PM

US labour market firming; factories still struggling

WASHINGTON: The number of Americans filing for unemployment benefits fell more than expected last week, reinforcing views of labor market strength that could encourage the Federal Reserve to raise interest rates soon