Markets

Affin Hwang cuts market EPS growth estimates

by FARA AISYAH / TMR file pix
Affin Hwang Capital Research has downgraded its market earnings per share (EPS) growth estimate for 2018 to negative ...

Bursa Malaysia improves ETF frameworks to spur growth

by NUR HAZIQAH A MALEK / TMR file pix
BURSA Malaysia Bhd has made several amendments to the exchange-traded fund (ETF) framework under the Main ...

China lending crackdown deals blow to car market

By BLOOMBERG
SHANGHAI • China’s escalating crackdown on peer-to peer (P2P) lending could hardly have come at a worse time for the country’s slumping ...

Corporate results: Suria Capital and RedHot Media

Suria to get RM80m in cash and property Suria Capital Holdings Bhd’s will receive a second payment of RM80 million its joint venture agreement (JVA) with ...

TM and KLCC REIT dropped as constituents of Bursa

By TMR / Pic By ISMAIL CHE RUS
Telekom Malaysia Bhd (TM) and KLCC Real Estate Investment Trust (REIT) have been dropped as the constituents of FTSE ...

Stretched Aussie households cast doubt on central bank’s outlook

By BLOOMBERG
SYDNEY • Australians’ reluctance to spend in the middle of a property slump is dragging on economic growth and casting doubt on the ...

Weak euro-area to stay as Italy recession looms

By BLOOMBERG
FRANKFURT • The euroarea is showing no signs of a meaningful economic rebound, with Italy on the verge of recession after the populist ...

Inflation is Grinch stealing Christmas in Philippines

By BLOOMBERG
MANILA • Christmas will be a little less merry this year for Filipinos as soaring prices force many families to scrimp on festive food and ...

Buy yen on tail risks as US slowdown saps dollar

By BLOOMBERG
SINGAPORE • The yen will strengthen next year as a slowing US economy weighs on the dollar and a range of global threats spur safety ...

Corporate results: Willowglen MSC, Straits Inter Logistics, PRG Holdings and Berjaya Food

Willowglen MSC awarded RM14m job Willowglen MSC Bhd’s wholly-owned subsidiary, Willowglen Services Pte Ltd, has been awarded a contract worth RM14.39 ...

Australia’s hiring surge emboldens central bank on wages growth

By BLOOMBERG
SYDNEY • Australia’s booming jobs market emboldened the central bank to scrap a long-held reference to weak wages, even as it signalled ...

South Korea’s growth data belie troubled outlook

Latest growth and inflation figures meet expectations and the central bank’s price target — yet fail to ease worries
By ...