Markets

Sports Direct to keep most House of Fraser stores open

By BLOOMBERG
LONDON • Sports Direct International plc said it will continue to operate most of House of Fraser Ltd’s 59 UK and Ireland department ...

UK unemployment at 43-year low

By BLOOMBERG
LONDON • UK unemployment dropped to a new 43-year low in the three months through June, but the pace of wage growth eased. The jobless ...

Euro-area growth defies trade war threats

Meanwhile, the ECB should keep providing a shield to avoid a dismantling of the entire euro system
By BLOOMBERG FRANKFURT • The ...

China Everbright shares dive after RM5.3b rights issue

By BLOOMBERG
HONG KONG • China Everbright International Ltd plunged the most in almost a decade after announcing plans to raise about HK$9.96 billion ...

Rupee breaches 70 a dollar on Turkey rout

By BLOOMBERG
NEW DELHI • There’s not a moment of respite for India’s inflation-targeting central bank. Just when gains in consumer prices eased, the ...

China growth momentum stalls as debt campaign and trade war bite

Beijing will step up credit easing and fiscal measures to deliver a recovery and prevent financial troubles
By BLOOMBERG BEIJING • ...

KLCI recovers at midday, up 1.52 points

by SHAHEERA AZNAM SHAH / pic by TMR
The Bursa Malaysia main index continues to recover at midday trading session today despite the ...

Down RM2.2t, Asian stocks still not a buy for Bocom

By BLOOMBERG
HONG KONG • More than US$538 billion (RM2.2 trillion) of Asian stock values have vanished as the region experienced its biggest two-day ...

Markets rattled as Turkish lira dives

The lira crisis does more damage to equities in Europe and on Wall Street
By AFP  NEW YORK • Turkey’s troubled lira tumbled on Monday to ...

Bursa Malaysia nearly flat at midday

by FARA AISYAH & RAHIMI YUNUS / Graphic by TMR
Bursa Malaysia was nearly flat at the midday break today as as investor worries over renewed ...

Guan Chong’s profit surges to RM43m in 2Q18

Guan Chong Bhd’s net profit for the second quarter ended June 30, 2018 (2Q18), surged 88% year-on-year (YoY) to RM43.03 million on improved margin and ...

Global currencies, equities fall as Turkey’s financial crisis looms

Turkish lira sheds 8.31% against dollar, shocking markets in Europe, Asia and South America
by NG MIN SHEN / Graphic by TMR  Turkey’s looming ...