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Business 11 Mar 2016 | 12:00 AM

Bank of Korea keeps policy rate steady

SEOUL: South Korea’s central bank kept its policy on hold and its chief suggested he was not ready to ease policy soon, dampening bond futures prices and bolstering the won currency.

Nation 11 Mar 2016 | 12:00 AM

Siamese village folk and traders’ plea to developer

GEORGE TOWN: Faced with imminent eviction, residents and business operators of the Siamese village in Pulau Tikus are making a last-ditch plea to the developer - to allow them to continue staying on the land steeped in Siamese history and culture.

Economy 10 Mar 2016 | 3:32 PM

ECB pulls out all stops with rate cuts, stimulus boost

FRANKFURT: The European Central Bank (ECB) unleashed some of it last remaining stimulus weapons on Thursday, cutting all three of its interest rates and expanding asset-buying to boost the economy and prevent ultra-low inflation becoming entrenched.

Business 10 Mar 2016 | 7:59 AM

Top foreign and local stories at 4pm

Top foreign and local stories at 4pm

Economy 10 Mar 2016 | 7:28 AM

Bank of Korea stands pat on rates

SEOUL: South Korea's central bank kept its policy on hold on Thursday and its chief suggested he was not ready to ease policy soon, dampening bond futures prices and bolstering the won currency.

Economy 10 Mar 2016 | 6:13 AM

ECB set to give eurozone ‘one more adrenaline shot’

FRANKFURT: With inflation now back in negative territory and the economic outlook clouding over, the European Central Bank (ECB) is widely expected to give the eurozone another “adrenaline shot” of stimulus measures at its policy meeting on Thursday, analysts said.

Economy 10 Mar 2016 | 5:59 AM

China consumer inflation jumps in February

BEIJING: China’s consumer inflation jumped to 2.3% in February, its highest in nearly two years, official data showed on Thursday, in a positive sign for demand in the world’s second-largest economy.

Business 10 Mar 2016 | 2:19 AM

Ringgit opens higher against main currencies

KUALA LUMPUR: The ringgit opened higher against the US dollar Thursday morning on improved demand and in line with the recovery of oil prices.

Corporate News 10 Mar 2016 | 1:02 AM

Trading ideas: Berjaya Food, Scomi Engineering, Zelan

KUALA LUMPUR: JF Apex Research expects Berjaya Food, Scomi Engineering and Zelan to be among the stocks which could see some trading action after their corporate news.

Corporate News 10 Mar 2016 | 12:54 AM

Local fund, retail selling holding back KLCI

KUALA LUMPUR: Local institutions and retail investors have held back the FBM KLCI’s advance as they took profit while foreign funds were net buyers on Wednesday.