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Economy 09 Jan 2019 | 12:00 AM

Moody’s: Malaysia’s A3 credit profile reflects diversified economy

PETALING JAYA: Moody’s Investors Service says the government of Malaysia’s (A3 stable) credit profile reflects the country’s large and diversified economy with healthy medium-term growth prospects.

Property 09 Jan 2019 | 12:00 AM

Property sector expected to recover in first half

PETALING JAYA: The property market is expected to recover within the first half of 2019, as industry experts reckon that home sales have already bottomed out.

Corporate News 09 Jan 2019 | 5:23 AM

China to propose wider 2019 fiscal deficit amid slowdown

BEIJING: China’s Finance Ministry is set to propose a small increase in the targeted budget deficit for this year as officials seek to balance support for the economy with the need to keep control of debt levels.

Corporate News 10 Jan 2019 | 12:00 AM

Nomura now 'underweight' on M'sian equity market, before 'neutral'

PETALING JAYA: Previously neutral, Nomura Research is now “underweight” on the outlook for Malaysia’s equity market over the next three to six months.

Corporate News 10 Jan 2019 | 12:09 AM Premium

Apple gives CEO Tim Cook 22% increase in pay

Compensation surges to US$15.7 million as iPhone maker tops financial targets but faces slowdown

Banking 10 Jan 2019 | 3:57 AM

Malaysia picks HSBC, Mizuho, Nomura for US$1.9b Samurai bond sale

KUALA LUMPUR: Malaysia has hired banks for the country’s first Samurai bond sale in three decades, adding to a flood of yen-denominated debt offerings by global borrowers tapping cheap funds in Japan.

Economy 10 Jan 2019 | 8:29 AM

Moody's sees increased fiscal challenges in Malaysia

KUALA LUMPUR: Moody's Investors Service sees increased fiscal challenges in Malaysia with the abolishment of the goods and services tax (GST) and introduction of the sales and services tax (SST).

Business 11 Jan 2019 | 12:00 AM

Uniqlo’s Fast Retailing blames warm winter for surprise profit decline

TOKYO: Uniqlo operator Fast Retailing Co Ltd reported an unexpected decline in quarterly profit, blaming warm weather for hurting winter clothing sales even as its Chinese business shrugged off concerns of a decelerating economy.

Economy 11 Jan 2019 | 12:00 AM

Govt refutes Nomura's claims, says fiscal deficit within target

PETALING JAYA: Finance Minister Lim Guan Eng has refuted Nomura Global Research’s claims that Malaysia’s fiscal deficit for 2018 would deteriorate to 3.9% of gross domestic product (GDP).

Corporate News 11 Jan 2019 | 12:11 AM Premium

Strong economy can’t save Macy’s from retail shifts

Department stores, mall chains continue to lose customers to discounters and e-commerce