Business
Japan exports disappoint, full benefits of weak yen yet to show
TOKYO, May 22 — Japan’s exports rose less than expected in April from a year earlier due to weak demand from Europe and China, highlighting the challenges confronting the world’s third-biggest economy as policymakers try to engineer a sustained revival.
The 3.8 per cent annual increase in exports in April was below the median estimate for a 5.9 ... Read More
Apple CEO Tim Cook confers with staff during a break at a Senate homeland security and governmental affairs investigations subcommittee hearing in Washington, May 21, 2013. — Reuters pic
Recent Articles
EU watchdog unveils caps for bank bonuses
LONDON, May 22 — EU regulators confirmed yesterday that they will cap bonuses of bankers earning more than €500,000 (RM2 million) a year and added other conditions to make the pay ceiling harder to ... Read More
Asian stocks cheered by Fed reassurance, yen awaits BOJ
SYDNEY, May 22 — Asian stocks rose today following a positive lead from Wall Street with Japan’s Nikkei reaching a 5-1/2 year high, while the yen took a defensive stance ahead of the outcome of the Bank ... Read More
Is Sony un-Japanese enough to entertain change?
TOKYO, May 22 — Few foreign activist investors have made much headway in forcing change in Japan, where a conservative corporate culture favours long-standing ties with banks, business partners and ... Read More
China’s bird flu outbreak cost US$6.5b
GENEVA, May 22 — The H7N9 virus appears to have been brought under control in China largely due to restrictions at bird markets, but caused some US$6.5 billion (RM20 billion) in losses to the economy, UN ... Read More
Dimon clings to JPMorgan chairman title, after fight
TAMPA (Florida), May 22 — Jamie Dimon, chairman and chief executive of JPMorgan Chase & Co took an unusual step to fight off investors seeking more oversight of his activities — he hinted he might ... Read More
Dow, S&P end at records on Fed officials’ reassurance
NEW YORK, May 22 — US stocks rose yesterday, with the Dow and the S&P 500 closing at new all-time highs as Federal Reserve officials’ comments eased some concerns that the central bank could start ... Read More
Shares end higher as eyes turn to Fed
NEW YORK, May 22 — Stock markets around the world edged higher yesterday amid signs of improving growth, even though questions about monetary policy limited gains.The Dow Jones industrial average and S&P ... Read More
CIMB cautious on outlook after asset sale boosts Q1 profit
KUALA LUMPUR, May 21 — CIMB Group, southeast Asia’s fifth-largest bank by assets, posted a 37 per cent jump in first-quarter net profit, boosted by the sale of an insurance business, and warned of slowing ... Read More
Share prices close sharply higher with FBM KLCI advancing 10.23 points
KUALA LUMPUR, May 21 — Share prices on Bursa Malaysia closed sharply higher, with the FTSE Bursa Malaysia KLCI (FBM KLCI) advancing 10.23 points to 1,787.38, and close to the all-time-high of 1,788.43 on ... Read More
KLCI futures close higher on steadier cash market
KUALA LUMPUR, May 21 — The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contracts on Bursa Malaysia Derivatives closed higher in line with the steadier cash market, dealers said.At close, May 2013 rose ... Read More
More Articles
- EPF makes US$1.3bn additional global investiments in Q1 2013
- Short term rates close stable on Bank Negara intervention
- Hong Kong shares nudged off 3-1/2-month high, China ekes out 5th straight gain
- San Miguel keen to keep bank unit if CIMB walks away from deal
- Malaysia’s investments grew 44pc in 2013 Q1, says MIDA
- Analysts maintain outperform call on Pos Malaysia
- Share prices stay positive at midday
- Affin’s share slides on lower earnings result
- Goldman exits China’s ICBC, 7 years and billions later
- JPMorgan investors on edge over vote on Dimon
- Short-term rates to remain stable
- Ringgit traded slightly higher against US dollar
- Share prices higher in early trade
- Dollar index off 3-year high, Asian shares ease
- Analyst calls for May 21
- RAM reaffirms AAA ratings of Premium Commerce Bhd
- Worldwide aims to complete Puncak Bestari project by 2017
- Bundesbank chief says France must take deficit cuts seriously
- Abdul Wahid to resign as Maybank president & CEO on June 4
- Tech, labour brandish duelling studies in US immigration fight
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