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  • BUSINESS

    Currencies slump, funds flee emerging markets

    Business, Published on 08/09/2018

    » Recap: Emerging stock markets, especially those in Asia, experienced heavy fund outflows as concerns mounted over the health of emerging economies in general, and contagion impact from the likes of Argentina and Turkey. The Indonesian rupiah hit a two-decade low and the Indian rupee also lost more ground. US-China trade tensions continue to cast a pall over markets as well.

  • BUSINESS

    Minister on a mission

    Asia focus, Larry Jagan, Published on 09/07/2018

    » Soe Win has been in his post for less than two months, but already there are significant signs that Myanmar's new finance minister is ready to deliver on the government's commitment to boost economic growth.

  • BUSINESS

    Stocks trade in narrow range as investors comb us data

    Business, Published on 07/08/2017

    » Recap: Global investors remained concerned last week about US political developments and economic data that could influence a Federal Reserve interest-rate increase, amid signs that the Fed was growing more cautious. Wall Street staged a revival on Friday after the US reported strong employment numbers for July.

  • BUSINESS

    Lloyds profits surge as bank builds on recovery

    AFP, Published on 21/02/2018

    » LONDON: Lloyds Banking Group on Wednesday said that its net profit soared 52% last year, when the UK lender returned fully to the private sector following a state bailout.

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