Markets

Sports Direct to keep most House of Fraser stores open

Markets | World
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

Markets | World
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

Markets | World
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

Markets | World
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

Markets | World
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

Markets | World
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

Breaking News | Markets
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

Markets | Money
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

Markets | World
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

Breaking News | Markets
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

Markets | News
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

Markets | News
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 ...