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Business 15 Mar 2017 | 12:00 AM

Iceland lifts capital controls, ends isolation

REYKJAVIK: Iceland has lifted its remaining capital curbs, ending more than eight years of controls on businesses and citizens put in place after its banks collapsed during the financial crisis.

Business 15 Mar 2017 | 12:00 AM

Short-term money goes out of Malaysia

PETALING JAYA: Foreigners have sold RM21.71bil worth of government bonds in the last three months, reducing their share of holding in the debt papers to 28.7% as of end February from a peak of 34.7% last year

Business 15 Mar 2017 | 12:00 AM

China’s economy gets off to robust start in 2017

BEIJING: China has issued a raft of upbeat data showing the economy got off to a strong start to 2017, supported by strong bank lending, a government infrastructure spree and a much-needed resurgence in private investment

Corporate News 15 Mar 2017 | 12:00 AM

Mitsubishi Heavy considers spinning off shipbuilding operations

TOKYO: Mitsubishi Heavy Industries Ltd is considering spinning off its shipbuilding business and planning local partnerships as weak demand for vessels prompts companies in the industry to reorganise their operations.

Business 15 Mar 2017 | 12:00 AM

US central bank may move to faster pace of rate hikes

SAN FRANCISCO: The Federal Reserve, which has struggled to stoke inflation since the financial crisis and up until now raised rates less frequently than it and markets expected, may be about to hit the accelerator on rate hikes.

Business 15 Mar 2017 | 12:00 AM

Trump tax cut may save oil drillers US$10bil, boost drilling

CHICAGO: The Trump administration’s plan to slash corporate tax rates could free up more than US$10bil a year for US oil explorers, opening new opportunities to boost drilling at a time of uncertainty in the marketplace.

Business 15 Mar 2017 | 1:39 AM

Diary Malaysia Wednesday March 15


Golf 15 Mar 2017 | 4:03 AM

Ko at top of rankings for 92nd week

(The Sports Exchange) - Lydia Ko of New Zealand is atop the Women's World Golf Rankings for the 92nd week of her career, tied with South Korea's Inbee Park for third all time.

Nation 15 Mar 2017 | 5:00 AM

Malaysian women rank 7th most likely to access porn on mobile

PETALING JAYA: Women in Malaysia are the seventh most likely in the world to use a mobile device to access porn, according to a report by pornography site Pornhub.

Banking 15 Mar 2017 | 6:02 AM

Asian stocks mark time, waiting for clearer view on US rates

HONG KONG: Asian stocks consolidated recent gains on Wednesday before a U.S. central bank policy meeting that could signal how much monetary tightening to expect during the remainder of the year, with an immediate rate hike fully priced in by markets.