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Business 16 Mar 2017 | 3:17 AM

Dollar crunched by cautious Fed, bonds and commodities cheer

SYDNEY: The dollar nursed sharp losses in Asia on Thursday while sovereign bonds savoured their biggest rally in nine months after the Federal Reserve hiked interest rates, as expected, but signalled no pick-up in the pace of tightening.

TECH 16 Mar 2017 | 3:47 AM

Apple, Google, Facebook skip legal challenge to new travel ban

Apple Inc, Alphabet Inc's Google and Facebook Inc are among more than 60 technology companies that appear to have backed away from the legal fight against US President Donald Trump's controversial travel ban.

World 16 Mar 2017 | 6:12 AM

France's Fillon remains defiant as support slips

PARIS (Reuters) - An embattled Francois Fillon on Wednesday accused his presidential rival Emmanuel Macron of seducing French voters without offering real reform, fighting to push his way back into the race even as opinion polls show his credibility crumbling.

Business 16 Mar 2017 | 7:34 AM

Oil extends advance as U.S stockpiles drop first time this year

HONG KONG: Oil extended gains above US$49 a barrel as U.S. government data showed an unexpected fall in crude stockpiles, the first decline this year.

World 16 Mar 2017 | 10:03 AM

Hawaii judge halts Trump's new travel ban before it can go into effect

HONOLULU/NEW YORK (Reuters) - Just hours before President Donald Trump's revised travel ban was set to go into effect, a U.S. federal judge in Hawaii on Wednesday issued an emergency halt to the order's implementation.

Corporate News 16 Mar 2017 | 2:08 PM

BToto profit lower due to additional GST adjustment

PETALING JAYA: Berjaya Sports Toto Bhd’s (BToto) net profit for the third quarter ended Jan 31 was down by 17.8% to RM47.9mil from a year ago, mainly due to an adjustment arising from the implementation of the goods and services tax (GST) and higher operating expenses.

Business 16 Mar 2017 | 3:31 PM

Wall St edges up on gains in tech, bank stocks

NEW YORK: US stocks opened slightly higher on Thursday as Oracle boosted the technology sector and bank shares gained after the Federal Reserve raised interest rates for the first time this year.

World 16 Mar 2017 | 5:17 PM

Trump vows to appeal against travel ban ruling to Supreme Court

HONOLULU/NEW YORK (Reuters) - A defiant President Donald Trump has pledged to appeal to the U.S. Supreme Court if necessary to fight for his revised travel ban, parts of which were halted by two different federal judges in recent days.

World 16 Mar 2017 | 7:50 PM

North Korea, China in focus as Tillerson starts Asia trip in Tokyo

TOKYO (Reuters) - U.S. Secretary of State Rex Tillerson said on Thursday the escalating threat from North Korea's nuclear program showed a clear need for a "new approach," although he stopped short of detailing what steps the Trump administration would pursue.

World 16 Mar 2017 | 8:50 PM

Italy evacuates 22 Libyans wounded in fighting for oil ports

ROME (Reuters) - Italy evacuated 22 wounded Libyans for medical treatment in Rome, some of whom were involved in fighting this week for control of the eastern oil ports of Ras Lanuf and Es Sider, Italy's Defence Ministry said on Thursday.