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Business 29 Jul 2019 | 5:29 AM

A Fed interest rate cut is in the bag. What then?

SAN FRANCISCO: US central bankers are expected to lower borrowing costs this week for the first time since the depths of the financial crisis more than a decade ago. That's the easy part.

Business 29 Jul 2019 | 4:56 AM

KLCI extends decline ahead of Fed cut, trade talks

KUALA LUMPUR: The FBM KLCI extended its decline by 5.62 points in the early session to 1,642.34 as markets awaited the US rate cut decision later this week.

Business 29 Jul 2019 | 4:45 AM

Aussie, kiwi dollars languish as bonds hit all-time highs

SYDNEY/WELLINGTON: The Australian and New Zealand dollars wallowed near recent lows on Monday while bonds climbed to all-time highs on expectations interest rates will stay lower for longer in both countries as policymakers look to revive growth and inflation.

Business 29 Jul 2019 | 4:38 AM

Europe about to find out how bad the economy is

ZURICH: Mario Draghi didn’t pull his punches when he said the economic outlook is getting "worse and worse.” This week, he’ll get more insight into how bad it really is out there.

Business 29 Jul 2019 | 12:13 AM Premium

London Stock Exchange eyes US$15b bet for Blackstone's Refinitiv

A deal would help the UK-based exchange operator expand its business as a data provider to investors and companies