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Business 23 Nov 2019 | 7:00 AM

When little information is insufficient

Disclosures on accounting errors need to be elaborate.

Markets 22 Feb 2019 | 10:36 PM

S&P 500 posts highest close since November 8 on trade optimism

NEW YORK: The S&P 500 posted its highest closing level since Nov. 8 on Friday as investors clung to signs of progress in the ongoing trade talks between the United States and China.

Corporate News 10 Apr 2018 | 11:02 PM

Ant Financial’s US$150b worth could grow further

NEW YORK: Ant Financial is too big to be described as a unicorn. Rather than being worth a few billion dollars, the Chinese payment firm affiliated to Alibaba is planning to raise money at a price that would value it at an eye-popping $150 billion ahead of a possible initial public offering. For such an exotic beast, investors might need to resort to some exotic valuation techniques.

Banking 28 Jun 2017 | 12:39 AM

Diary Malaysia Wednesday June 28

KUALA LUMPUR: ALL TIMES ARE PROVISIONAL AND IN LOCAL TIME FOLLOWED BY GMT IN BRACKETS

TECH 09 Nov 2016 | 12:30 AM

Tesco says US$3mil stolen in cyber theft, resumes service

Retailer Tesco Plc's banking arm said on Tuesday that £2.5mil (RM12.9mil) had been stolen from 9,000 customers over the weekend in what cyber experts said was the first mass hacking of accounts at a western bank.

Corporate News 06 Jul 2016 | 10:07 AM

UK upstart banks lack too-big-to-fail airbag

LONDON: Britain's biggest banks are coping with its European Union exit - but upstart smaller peers may struggle.

Markets 06 Jul 2016 | 10:06 AM

Britain's FTSE falls as retail and property stocks slump

LONDON: Britain's blue-chip share index fell on Wednesday, with a sharp sell-off in retail and property-related stocks outpacing a rally in precious metals miners after prices of safe-haven gold hit a two-year peak.

Business 15 Jun 2016 | 12:00 AM

UK banks to bear the brunt

LONDON: Investors contemplating how London could look outside the European Union (EU) have already identified some potential victims: fast-growing British lenders that might have to face their first economic downturn as public companies.