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Business 27 Dec 2014 | 12:00 AM

Will Indonesia live up to its billing?

On Nov 18, less than a month after starting his term as President of Indonesia, Joko “Jokowi” Widodo reduced the fuel subsidy by almost one-third, stating that more money has to be ploughed into infrastructure spending to jumpstart the nation’s economy.

Business 04 Dec 2014 | 8:42 AM

Asian stocks rise Thursday, Nikkei touches new 7-year-high, euro at two-year low

TOKYO: Asian stocks rose on Thursday amid fresh signs of resilience in the U.S. economy, while the euro wallowed near two-year lows before a much-anticipated European Central Bank meeting that could open the door to more stimulus.

Commodities 23 Dec 2014 | 11:36 AM

Asia pauses after Wall St peak, dollar stands tall

SYDNEY: A holiday lull settled over Asian markets on Tuesday after Wall Street closed at historic highs while oil prices suffered a stinging setback after Saudi Arabia quashed all thought of curbing supply.

Economy 16 Jan 2015 | 4:59 PM

Bank of Korea more worried about household debt than growth

SEOUL: The South Korean central bank chief's surprisingly stern warning on Thursday against betting on an imminent policy easing showed it was far more concerned about rising household debt than uncertain economic growth.

Economy 19 Feb 2015 | 6:40 PM

Cautious Fed pours cold water on dollar

LONDON: The dollar slipped on Thursday after minutes from January's Federal Reserve policy meeting showed officials were concerned that hiking interest rates too soon could damage the U.S. economic recovery.

Business 04 Feb 2015 | 12:00 AM

Blackstone to buy German warehouses

BERLIN: Blackstone Group LP bought warehouses in Germany valued at about 200 million euros (US$225mil), almost doubling the size of properties held by its Logicor industrial real estate unit in that country, a person with knowledge of the deal said.

Property 21 Feb 2015 | 12:00 AM

E&O upbeat on new UK properties (Update)

EASTERN & Oriental Holdings Bhd (E&O) will leverage on its UK properties, with a combined gross development value (GDV) of up to £400mil, to expand its presence there.

Business 28 Mar 2015 | 12:00 AM

The cash-rich companies of Bursa

CASH-RICH companies are always something worth keeping an eye on for investors seeking value.

Business 27 Mar 2015 | 12:00 AM

Pavilion Reit kept at hold, rental reversion rates seen mild


Property 14 Mar 2015 | 12:00 AM

Commercial sector clouded by uncertainties

Consultancy expects softer climate for first 10 months