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Business 07 Dec 2020 | 7:00 AM

RCEP injects impetus into China-Asean cooperation

SINGAPORE: The signing of the Regional Comprehensive Economic Partnership (RCEP) has injected new momentum into the economic and trade cooperation between China and the Asean countries, a Singapore scholar said in a recent interview with Xinhua.

Business 30 Jun 2019 | 8:11 AM

China's factory outlook dimmed again in June ahead of G-20 truce

BEIJING: The outlook for China’s manufacturing sector continued to deteriorate in June as weakness in the domestic economy combined with new tariffs the U.S. imposed the previous month on Chinese goods

Business 29 Jun 2019 | 1:24 PM

Reset of US-China talks may lift risk appetite

SINGAPORE: Markets may breathe a sigh of relief after President Donald Trump and President Xi Jinping decided to resume trade negotiations after a six-week stalemate, with the U.S. agreeing to a temporary freeze on further tariffs on Chinese goods.

Business 29 Jun 2019 | 12:00 AM

Property tourism in a market glut

A GROUP of about 100 people from Hong Kong exit a tour bus that’s parked at the base of Phileo Damansara in Petaling Jaya, making their way up excitedly to Sheng Tai International Sdn Bhd, a diversified real estate, investment management and hospitality firm.

Business 28 Jun 2019 | 11:15 PM

Many Hong Kong youths look to flee to Malaysia, Taiwan, Thailand

HONG KONG: Immigration consultants in Hong Kong have seen a dramatic surge in inquiries, especially from the young, after mass protests against an extradition bill that would allow people to be sent to mainland China from the Asian financial hub for trial.

Business 28 Jun 2019 | 9:50 AM

Bursa, Asian markets close lower ahead of Trump-Xi meeting

KUALA LUMPUR: Bursa Malaysia joined key Asian markets to close in the red on Friday – the last trading day of the first half – on lack of fund support due to uncertainty ahead of a meeting between US President Donald Trump and Chinese President Xi Jinping.

Business 28 Jun 2019 | 9:04 AM

Trade uncertainty stops world stocks in tracks

LONDON: World shares were steady on Friday as uncertainty ahead of a meeting on trade between U.S. President Donald Trump and Chinese President Xi Jinping deterred traders from making bold directional bets.

Business 28 Jun 2019 | 6:54 AM

Temasek takes 21.7% stake in Li & Fung's logistics business for US$300m

SINGAPORE: Temasek Holdings has invested US$300mil (S$406.1mil) for a a 21.7% stake in Hong Kong-based global supply chain giant Li & Fung's logistics business.

Business 28 Jun 2019 | 4:49 AM

KLCI holds firm amid mounting trade talk tensions

KUALA LUMPUR: The FBM KLCI ended the morning session vitually unchanged from the previous close even as anxieties mount over the coming meeting between US President Donald Trump and Chinaese premier Xi Jinping at the G20 Summit in Japan.

Business 28 Jun 2019 | 3:12 AM

Bitcoin almost wipes out its mega gain just as swiftly as it came

NEW YORK: Bitcoin’s rise was meteoric this week -- and its decline has been just as swift. It’s easy come, easy go in the crypto world, where a frenzy over Bitcoin pushed its price to nearly $14,000 on Wednesday, its highest level since January 2018.