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Showing 1-6 of 6 results
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Asian trade subdued as economic outlook weakens
Business, Published on 13/05/2023
» RECAP: Most Asian share markets were subdued on Friday and the dollar held onto its gains from safe-haven flows, after soft economic data from the US and China fuelled concerns about a global slowdown.
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New rule makes GrabCar legal
Business, Published on 26/05/2021
» The government has approved a draft ministerial regulation that allows the use of personal cars for ride-hailing taxi service via apps, a boon for GrabCar drivers who have provided the service without proper legal status for years.
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All eyes on Fed next week as global shares steady
Business, Published on 24/07/2021
» Recap: Global stocks had a volatile week before picking up on Friday. The MSCI World Index steadied after three days of gains. The market is looking ahead to next week's Federal Reserve meeting after the European Central Bank pledged on Thursday to continue with heavy stimulus spending. Emerging markets and Asian shares slid, pressured by coronavirus worries.
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Company man
Asia focus, Published on 19/03/2018
» Shinsotsu-ikkatsu-saiyo, the tradition of simultaneous recruitment and employment of new graduates by companies, has long been unique to Japan and South Korea, before the latter abolished the practice in 2010. But in the world's third largest economy it is so embedded in the culture, who's to say it's not working for the country and its people?
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Anxiety over Syria, North Korea keeps lid on stocks
Business, Published on 18/04/2017
» Recap: Asian stock indices were mixed last week as rising geopolitical risks from the US missile strike on Syria and soaring tensions on the Korean peninsula kept investors on edge. The same concerns lifted gold to five-month highs, while oil advanced amid confidence that Saudi Arabia will support an extension to Opec-led output cuts just as US stockpiles show signs of shrinking. The Thai stock market edged up, driven by buying in heavyweight energy stocks.
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Investors heartened by signals from Fed
Business, Published on 31/07/2017
» Recap: US and European stock exchanges picked up last week after the US Federal Reserve kept its interest rate at 1.25% and reaffirmed plans for a gradual tightening of its monetary policy and tapering of its balance sheet.
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