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Business

Foreign investment in China up 5.77% in first 10 months

Foreign investment into China rose 5.77% on year in the first 10 months of 2013, the government said Tuesday.

Business

China reform plans lift world shares to 6-year high

LONDON: World shares hit a near six-year high on Monday, boosted by signs of ambitious economic reform in China and the prospect of extended stimulus in the United States.

Business

HK urged to retain yuan hub status

HONG KONG: A government body called on Hong Kong’s authorities and regulators to take far-reaching reforms to maintain the city’s edge as a premier offshore yuan hub and a global financial centre.

SME

Retail giant helps promote local SME food producers in Hong Kong

GIANT Malaysia and Wellcome Hong Kong, two of Asia’s leaders in retailing under the Dairy Farm International Group, once again joined forces to promote Malaysian SMEs’ food-based products to the Hong Kong market through the “Taste Of Malaysia” programme.

Business

Home prices in large Chinese cities hit fresh highs in Oct

BEIJING: China’s plans to stabilise its runaway property market face a stiff challenge after home prices surged to fresh record highs in October, with the measures likely to take a few years to have their desired impact.

Business

China reform plans lift world shares to 6-year high

LONDON: World shares hit a near six-year high on Monday, boosted by signs of ambitious economic reform in China and the prospect of extended stimulus in the United States.

Business

KLCI ends Monday higher, Maybank, Genting lift

KUALA LUMPUR: The FBM KLCI ended Monday higher despite narrowing its gains in late selling, mirroring the firmer Asian markets as investors rode on the US Fed's stimulus extension and fresh China's data

Business

HK body urges reforms to keep offshore hub status

A government body called on Hong Kong's authorities and regulators on Monday to take far reaching reforms to maintain the city's edge as a premier offshore yuan hub and a global financial centre.

Business

Maybank, Tenaga drive KLCI higher

KUALA LUMPUR: The FBM KLCI ended Monday’s morning session higher supported by Maybank and Tenaga as investors were encouraged by the firmer Asian equities and fresh China data.

Business

Markets reward China's reform ambition, await follow-Up

HONG KONG/BEIJING: Investors rewarded Beijing on Monday for a bold and wide-ranging reform plan, boosting stocks led by consumer goods shares seen as direct beneficiaries of the promised easing of China's long-standing one-child policy and efforts to boost consumption.