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World 16 Mar 2017 | 5:26 PM

Tillerson says State Department spending 'simply not sustainable'

TOKYO (Reuters) - U.S. Secretary of State Rex Tillerson said on Thursday the State Department's current spending was "not sustainable," and he willingly accepted the "challenge" President Donald Trump had given in proposing to cut more than a quarter of his agency's budget.

Business 10 May 2013 | 8:46 AM

Japanese maket soars to 5-1/2 year high

TOKYO: Japanese equities soared to 5-1/2-year highs on Friday, with the dollar sailing past the symbolic 100 yen level and beefing up the outlook for Corporate Japan, but shares elsewhere in Asian shares retreated as global equities paused overnight from recent rallies.

Business 28 Mar 2013 | 12:00 AM

Southeast Asia ready to build, but will investors come?

KUALA LUMPUR/JAKARTA: Indonesia is seeking European investors for US$9 billion worth of water, road, air and seaport projects in what will be a litmus test of Southeast Asian countries' ability to seize on ripe financial conditions to upgrade decrepit infrastructure.

Business 24 Jul 2009 | 12:00 AM

Pricing and valuations main factors if Maxis wants to re-list

PETALING JAYA: It's a question of pricing and valuations rather than timing if Maxis Communications Bhd is considering re-listing on Bursa Malaysia.

Business 16 Jan 2008 | 12:00 AM

Zeti: Alliances can help realise global potential of Islamic finance

Bank Negara governor Tan Sri Dr Zeti Akhtar Aziz said strategic alliances among Islamic finance players will help realise the industry's global potential in the wake of increasing interest by several financial centres, including Hong Kong, in Islamic finance.

Business 18 Apr 2007 | 12:00 AM

Qatar National Bank opens office in Singapore

Qatar National Bank, the Persian Gulf emirate's largest lender, opened an office in Singapore to compete for new banking business in the Asia-Pacific region.