Showing 1 - 3 of 3
Hermes sales gains bolster signs of turnaround
Business, Reuters, Published on 28/04/2017
» PARIS: Hermes International SA said yesterday that sales growth accelerated in the first quarter, beating expectations, as more Asian and American shoppers bought its Constance and Lindy bags, adding to evidence of a recovery in the luxury goods industry.
Malaysian PM: Uneven growth could destabilise SE Asia
Reuters, Published on 28/04/2017
» MANILA -- Malaysian Prime Minister Najib Razak on Friday warned that Southeast Asian countries need to ensure their economic growth is inclusive, or risk marginalized populations turning to violent extremism or even overturning political systems.
Indonesia relaxes reserve requirement for banks
Reuters, Published on 28/04/2017
» JAKARTA -- Indonesia's central bank loosened regulations on reserve requirements on Friday to allow banks some flexibility to better manage liquidity, a step aimed at reducing volatility in the overnight money market.