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Economy 17 Mar 2014 | 11:27 AM

China's yuan weakens after widening trading band

SHANGHAI: The Chinese yuan weakened in opening deals on Monday after the central bank doubled the currency's permitted trading band, a move analysts said was a clear signal authorities are ready to allow market forces to play a greater role in the economy.

Business 12 Jan 2006 | 12:00 AM

Concert promoter Live Nation buys stake in rock band Korn

LOS ANGELES: Hard rock band Korn said it has formed a partnership with Live Nation Inc. that gives the concert promoter a stake in all aspects of the band's business, including album sales, publishing, merchandising, ticket sales and sponsorships.

Forex 12 Apr 2018 | 8:11 AM

Hong Kong dollar touches weak end of band, first time since 2005

HONG KONG: Hong Kong’s dollar fell to the weak end of its permitted band for the first time since the range was imposed in 2005, a warning sign for a city where easy money has stoked a property boom and underpinned the stock market’s record rally.

Business 15 Oct 2010 | 12:00 AM

Singapore dollar trading band widened for more flexibility

PETALING JAYA: Singapore's monetary authority yesterday tweaked its policy on the local dollar's trading band in response to rising volatility in the global currency market, as policymakers across Asia struggled to deal with the flood of investment funds that had inflated asset prices across the region.

Economy 12 Apr 2018 | 12:25 AM

HK dollar eases to new 33-year low, hits weaker end of band

HONG KONG: The Hong Kong dollar fell to a new 33-year low early on Thursday morning, hitting the lower end of the monetary authority's targeted trading band, as the interest rate gap between U.S. dollar and Hong Kong dollar widened further.

Economy 11 Apr 2018 | 3:14 AM

HK dollar eases to new 33-year low, nears weaker end of band

HONG KONG: The Hong Kong dollar fell to a new 33-year low on Wednesday, inching closer to the lower end of the monetary authority’s targeted trading band, as the interest rate gap between US dollar and Hong Kong dollar widened further.

Business 23 Jul 2005 | 12:00 AM

MAS to keep eye on policy band

Singapore's central bank said yesterday it would intervene when the Singapore dollar nears its policy band and reiterated its commitment to a policy of gradual and modest appreciation of its currency.

Business 21 Oct 2016 | 8:15 AM

Growth to remain within 5% band

THE Malaysian economic growth is expected to remain within the 5% band next year. According to the Economic Report for 2016/2017, growth is expected at between 4% and 5% in 2017 underpinned by strong domestic demand especially private sector spending.

Business 03 Sep 2010 | 12:00 AM

Funk band War tells PepsiCo they're not friends

NEW YORK: Members of the original funk band War say they can't be friends with PepsiCo. They're suing the soft drink maker for more than US$10 million, saying it did not negotiate with them to use their song Why Can't We Be Friends? in a new commercial.

Business 14 Jun 2011 | 12:00 AM

Property at ‘upper band’

KUALA LUMPUR: Property companies on Bursa Malaysia, which have lagged behind the performance of the broader market in the past month, are trading at valuations that put such counters at the upper band against its regional peers.