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Analyst Reports 16 Jul 2016 | 12:00 AM Premium

Forget the helicopters, look out for that steamroller

BOND investors shouldn’t be scanning the skies for helicopters; the steamroller they stand before is getting closer.

Economy 16 Jul 2016 | 12:00 AM Premium

Save and diversify to beat inflation

SALARY increment that cannot catch up with the pace of surge in living cost has been one of the biggest complaints among some of the middle-class income earners. The issue is even more pronounced for city-dwellers where property prices are usually beyond reach for young executives.

Business 15 Jul 2016 | 1:17 AM Premium

Breakfast briefing: Friday, July 15

Breakfast briefing: Friday, July 15

Business 15 Jul 2016 | 12:00 AM Premium

BoK holds key rate at record low

SEOUL: South Korea’s central bank held its benchmark interest rate at a record low while cutting its projection for growth and inflation amid uncertainty to the economic outlook.

Business 15 Jul 2016 | 12:00 AM Premium

New Zealand rate-cut bets rise on update

WELLINGTON: New Zealand’s central bank said it will issue an unscheduled assessment of the economy next week, prompting traders to increase bets on an interest-rate cut in August.

Business 15 Jul 2016 | 12:00 AM Premium

London house-price index falls to 7-year low

LONDON: A measure of London house prices fell to its lowest level since the height of the financial crisis as Brexit sent shock waves across the UK.

Business 15 Jul 2016 | 12:00 AM Premium

BoE surprises markets by keeping rates on hold

LONDON: The Bank of England (BoE) kept interest rates unchanged yesterday, wrong-footing many investors who had expected the first cut in more than seven years as Britain’s economy reels from last month’s Brexit vote.

Business 15 Jul 2016 | 12:00 AM Premium

M’sia bond yield down to lowest since 2013 on interest rate cut

KUALA LUMPUR: Malaysian bonds rose for a second day and the three-year yield dropped to its lowest level since 2013 after the central bank unexpectedly cut interest rates on Wednesday.

Business 15 Jul 2016 | 12:00 AM Premium

Bank Negara governor: OPR cut is pre-emptive

KUALA LUMPUR: The decision to cut the overnight policy rate (OPR) is a pre-emptive action to ensure that the economy continues to remain on a steady growth path, said Bank Negara governor Datuk Muhammad Ibrahim.

World 14 Jul 2016 | 10:58 PM Premium

Colombia announces security measures as truckers strike continues

BOGOTA (Reuters) - Colombian authorities will impound trucks blocking highways and double the number of security forces patrolling roads, President Juan Manuel Santos said on Thursday, as a 38-day-long truckers strike continues to spark violent protests.