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  • BUSINESS

    Jeremy Hunt: softly-spoken survivor takes on hardest role

    AFP, Published on 14/10/2022

    » LONDON: Newly appointed UK finance minister Jeremy Hunt is a mild-mannered political survivor who will require all of his considerable experience to calm an economy and government beset by chaos.

  • BUSINESS

    Brexit becomes reality as UK quits EU single market

    AFP, Published on 01/01/2021

    » LONDON: Britain on Thursday finally severed its turbulent half-century partnership with Europe, quitting the EU single market and customs union and going its own way four-and-a-half years after its shock vote to leave the bloc.

  • BUSINESS

    UK, EU rule out quick post-Brexit deal

    AFP, Published on 23/07/2020

    » LONDON: Britain and the European Union on Thursday broke up their latest round of post-Brexit trade negotiations by ruling out a quick deal but voicing hope for agreement in the coming months.

  • BUSINESS

    No country for women

    Asia focus, Patpon Sabpaitoon, Published on 16/03/2020

    » Since the dawn of recorded history, women have been stigmatised by the world "less". They are slaves to bias and prejudice merely because of their gender. The notion of less takes tangible form in terms of reduced resources, opportunities, earnings and power, among other aspects.

  • BUSINESS

    Coronavirus could damage global growth in 2020: IMF

    AFP, Published on 17/02/2020

    » DUBAI: The coronavirus epidemic could damage global economic growth this year, the IMF head said Sunday, but a sharp and rapid economic rebound could follow.

  • BUSINESS

    Hopeful investors await Fed chief's comments

    Business, Published on 24/08/2019

    » Recap: Global stock markets rose yesterday as investors awaited a speech by US Federal Reserve Governor Jerome Powell for hints of future monetary policy direction, while minutes from the Fed's July meeting showed policymakers were reluctant to make aggressive rate cuts.

  • BUSINESS

    Asia's student-debt time bomb

    Asia focus, Published on 12/08/2019

    » One of the most pressing issues facing the year-old government of Malaysia, led by Prime Minister Mahathir Mohamad, is the severely strained balance sheet it inherited. And part of its fiscal weakness is rooted in the 39 billion ringgit (US$9.5 billion) in outstanding debt owed to the National Higher Education Fund Corp (PTPTN).

  • BUSINESS

    Mixed signals from ECB dim equity enthusiasm

    Business, Published on 27/07/2019

    » Recap: Recent investor euphoria ebbed after the European Central Bank failed to send the strong rate-cut signal many had expected, while disappointing earnings worried Wall Street and caused most Southeast Asian indices to fall yesterday. Investors are now bracing for Tuesday, when Chinese and US officials will resume trade negotiations in Shanghai.

  • BUSINESS

    Third-quarter economic outlook challenging

    Business, Published on 06/07/2019

    » Global stock markets rebounded in June from the end of May, fuelled by improvement in the US-China trade outlook and easing global monetary policy. The most active markets surged significantly, among them the CSI300 (up 8.43%), S&P 500 (8.33%), Stoxx600 (6.33%) and the SET (6.8%).

  • BUSINESS

    Bonds rally on rate-cut prospects, equities slip

    Business, Published on 15/06/2019

    » Recap: Global bonds are rallying on speculation that interest rates will start falling if trade friction continues to jeopardise global economic growth. Most Southeast Asian stock markets fell yesterday after figures showed China's industrial output growth at a 17-year low.

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