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Business 08 Jun 2013 | 12:00 AM

France’s Hollande says Abenomics ‘good news’

TOKYO: French President Francois Hollande said yesterday the big spending and ultra-loose money aimed at boosting Japan’s flagging economy was “good news” for austerity-weary Europe.

Business 08 Jun 2013 | 12:00 AM

Affordable housing around the world

HOUSING the nation has always been a challenge for governments around the world. Issues of affordable housing are hot potatoes for countries with growing population and escalating housing prices due to inflation.

Business 08 Jun 2013 | 12:00 AM

Johor property tax not a problem

IT was a bit of a surprise.

Business 08 Jun 2013 | 12:00 AM

Loan growth likely to pick up in H2

THE softening loan growth situation is seen by analysts as a blip rather than a trend.

Business 07 Jun 2013 | 6:20 PM

Khazanah Nasional says has strong defence against Halim Saad's claim

Khazanah Nasional Bhd believes it has a "strong defence" to former majority owner and executive chairman of Renong Bhd Tan Sri Halim Saad's claim and will take all measures to it to protect its interest.

Business 07 Jun 2013 | 12:00 AM

Thai rating not under threat

BANGKOK: Thailand’s credit rating is not in danger of being downgraded because of its rice intervention scheme, rating agency Moody’s said, after it warned this week that losses from the scheme might threaten the goal of a balanced budget.

Business 06 Jun 2013 | 2:11 PM

Fed stimulus jitters, volatile Nikkei weigh on Asian shares

TOKYO: Asian shares eased on Thursday as growing uncertainty on whether the U.S. Federal Reserve would roll back its stimulus this year kept markets on edge, while choppy Japanese equities put pressure on the dollar against the yen.

Business 06 Jun 2013 | 12:00 AM

Japan’s Abe targets income gains in growth strategy

TOKYO: Prime Minister Shinzo Abe pledged to raise incomes by 3% annually and set up special economic zones to attract foreign businesses in the third tranche of measures aimed at boosting growth in the world’s third-biggest economy.

Business 06 Jun 2013 | 12:00 AM

China opens EU wine probe Trade dispute threatens to escalate towards a trade war

BEIJING: Beijing has begun an anti-dumping probe into European wine, the commerce ministry said yesterday after the EU imposed tariffs on solar panel imports from China, in a dramatic broadening of their trade dispute.

Business 05 Jun 2013 | 12:00 AM

China home prices up for 12th straight month in May

BEIJING: Average home prices in China’s 100 biggest cities rose for the 12th straight month in May, a private survey showed on Monday, though the pace of increase slowed in a sign that government steps to cool the property market may be having an effect.