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Corporate News 12 Dec 2018 | 5:57 AM

Why Vietnam could be Asia's biggest trade war winner

HANOI: In the race to lure companies looking for alternative sites amid the U.S.-China trade war, Vietnam wields a slew of advantages over its rivals.

Analyst Reports 04 Aug 2018 | 12:00 AM

Next recession in 2020? Possibly earlier

IT’S mid-term review time as the US yield curve begins to flatten. This curve tracks the relationship between interest rates of US government debt obligations. Normally the yield curve is rising, with long-term bonds having yields higher than short-term obligations.

Business 24 Mar 2018 | 12:00 AM

Boeing and Caterpillar share prices fall by more than 5%

FEARS of a trans-Pacific trade war tore through the world’s markets with the stock prices for major exporters like Boeing and Caterpillar plunging more than 5%.

Economy 21 Feb 2018 | 10:39 PM

Final version of Trans-Pacific trade deal released, includes Malaysia

WELLINGTON/SYDNEY: The final version of a landmark deal aimed at cutting trade barriers in some of Asia-Pacific's fastest-growing economies was released on Wednesday, signalling the pact was a step closer to reality even without its star member the United States.

Economy 11 Nov 2017 | 11:44 AM

Trans-Pacific trade deal advances without United States

DANANG, Vietnam: Countries in the Trans Pacific Partnership (TPP) trade deal have agreed on the core elements to move ahead without the United States, officials said on Saturday, after last-minute resistance from Canada raised new doubts about its survival.

Banking 11 Sep 2017 | 5:21 AM

London stays world's top finance centre despite Brexit

FRANKFURT/ LONDON: London remains the globe's most attractive financial centre, extending its lead over New York despite Britain's looming departure from the European Union, a survey found on Monday.

Economy 23 Mar 2017 | 12:00 AM

ECB: Protectionism may raise, not cut, trade deficits

FRANKFURT: Protectionist trade policies may increase, rather than reduce, a country’s trade deficit, the European Central Bank (ECB) said in a study on Wednesday, just days after finance chiefs of the world’s top 20 economies dropped their pledge for open trade.

Economy 25 Jan 2017 | 6:35 AM

Taiwan's Q4 GDP grows at best pace in nearly 2 years

TAIPEI: Taiwan's economy grew at its fastest pace in nearly two years in the fourth quarter on strong demand for its technology products, but rising global trade protectionism is clouding the outlook.

Business 24 Jan 2017 | 3:17 PM

Wall Street edges higher as earnings gather pace

NEW YORK: US stocks edged higher on Tuesday as investors assessed quarterly earnings, while seeking clarity on President Donald Trump’s economic policies.