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BEIJING: Activity in China's services sector accelerated to a seven-month high in November, as new business, especially new export business, picked up, a private survey showed on Wednesday.
PETALING JAYA: Property development company JAKS Island Circle Sdn Bhd (JIC) has missed the Star Media Group Bhd’s (SMG) deadline for payment of over RM1.5mil in regard to a legal dispute, after failing to stay a court order to pay.
Central bank chairman calls on policy makers to address rising deficits so Congress can better counteract a future downturn
VIENNA: The Organisation of the Petroleum Exporting Countries (Opec) will supply a diminishing amount of oil in the next five years as output of US shale and other rival sources expands, the exporter group said, despite a growing appetite for energy fed by global economic expansion.
DUBAI/ SINGAPORE/ SAO PAULO: If signs of a recovery in industrial activity are the next piece of evidence needed to confirm the recent rally in emerging markets is more than a passing phase, then the next five days could prove to be pivotal.
BANGKOK: Thailand’s central bankers are finding it tough to stop the baht from surging.
BANGKOK: One of the main groups monitoring Thailand’s tourism industry said it’s too early to expect a revival in the sector despite a recent spike in arrivals.
Trading View focuses on US-China trade talks, oil and European markets
Singapore: The Thai baht has been the runaway success among Asian currencies this year – surging more than 6% while the US-China trade war has punished peers such as the South Korean won and Chinese yuan. There are two reasons why it may rise even more.
NEW YORK: Oil prices on Friday rebounded from a two-day drop, alongside equities as expectations of further stimulus by central banks helped to ease recession concerns.