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AseanPlus News 01 Feb 2015 | 12:00 AM

Hugging for India’s security

When Indian Prime Minister Narendra Modi hugged US President Barack Obama in New Delhi, it marked what could be the distant opening bell of a great geopolitical game.

Business 01 Sep 2017 | 12:00 AM

IMF expects moderate Qatar slowdown

CAIRO: Qatar’s non-oil economic growth will slow this year as the gas-rich nation cuts spending and after a Saudi-led alliance imposed sanctions that hurt trade, the International Monetary Fund said.

Property 01 Sep 2017 | 12:00 AM

Nigeria says Chinese to build US$5.8bil hydropower plant

ABUJA: Nigeria said China Civil Engineering Corp. will build a US$5.8bil hydro-power station in the country’s eastern Mambila region with a capacity to generate 3,050 megawatts (MW).

Economy 01 Sep 2017 | 12:00 AM

Brexit offers boon in UK real estate

SYDNEY: Bankers may be leaving London, but Britain’s exit from the European Union could still offer opportunities to buy UK commercial real estate with the market in flux, according to Australia’s largest pension fund.

Economy 01 Sep 2017 | 12:00 AM

China banks grow with economy

SHANGHAI: Resilient economic growth and a government campaign against excessive leverage are helping China’s largest banks, curbing their bad loans and underpinning their net interest margins.

Banking 01 Sep 2017 | 12:00 AM

Merkel says euro’s rise set to impact Germany’s trade surplus

BERLIN: Chancellor Angela Merkel said the rising euro is almost certain to have an impact on exports and that she’s not too concerned about Germany’s trade surplus with other countries.

Banking 01 Sep 2017 | 12:00 AM

Modi cash ban a ‘total failure’ as 99% of banned notes back

MUMBAI: Indians have deposited nearly all the currency bills voided by Prime Minister Narendra Modi, denting the central bank’s profit and dealing a blow to his drive to unearth unaccounted wealth.

Business 01 Sep 2017 | 12:00 AM

Insurers at higher risk now

NEW YORK: Insurers got burned badly in the 2008 financial crisis. So almost a decade later, BlackRock Inc scoured the industry’s US$5 trillion in US investments to figure out how they would fare if markets were to crash so hard again.

Economy 01 Sep 2017 | 4:37 AM

Under Najib, Malaysia's macroeconomic policies broadly appropriate

ONE striking aspect of what has been written about the Malaysian economy in recent years is the extent to which assessments have been coloured by a small number of (admittedly major) controversies.

Markets 01 Sep 2017 | 5:31 AM

China, Hong Kong stocks up on hopes for boost from key party congress

SHANGHAI: China and Hong Kong stocks started the month on a firm note, with risk appetites boosted by strong Chinese factory activity in August and expectations the market will remain bullish in the lead-up to a key Communist Party congress in mid-October.