Markets

Exxon moves ahead on China projects as trade tensions simmer

The chemical complex, which is expected to start in 2023, remains subject to a final investment decision
By BLOOMBERG TOKYO • Exxon ...

Bear market looms for emerging stocks

By BLOOMBERG
BANGKOK • Emerging-market (EM) stocks were on the cusp of a bear market for a second day yesterday, with few signs of relief from a ...

Alam Maritim to see debt repayment extension

By TMR
Alam Maritim Resources Bhd and its subsidiaries, joint-venture and associate companies here come to an agreement with its creditors to ...

Hold off on buying Indonesia stocks, strategists say

By BLOOMBERG
JAKARTA • Indonesia’s key stock index may be down 14% from its February peak, but it still isn’t time to get back into equities in ...

KLCI rebounds while Asian markets see sea of red

By ALIFAH ZAINUDDIN & SHAZNI ONG / Pic By TMR
The local benchmark index made a turnaround yesterday ending a six-day slump, lifted by positive ...

Euro-area biz show warning signs amid solid growth

By BLOOMBERG
LONDON • Euro-area businesses are starting to feel the heat from recently intensified trade tensions even as economic growth remains solid ...

PBoC may have drained short-term liquidity in August

By BLOOMBERG
BEIJING • China drained funds from the short-term money market in August, according to people familiar with the matter, a move that ...

Indonesian power projects on hold on rupiah’s slump

By BLOOMBERG
JAKARTA • Indonesia plans to delay US$25 billion (RM103.75 billion) worth of power projects as it seeks to rein in a widening current ...

KLCI in the green at midday trade on bargain hunting

by TMR
The local bourse  rose at midday today after five straight days of losses on bargain hunting as global trade and contagion fears persist. ...
EPF

EPF’s investment income rises 7.6% to RM12.4b in 2Q18

According to its deputy CEO, this is despite the global market downturn which includes Malaysia
By SHAHEERA AZNAM SHAH / Pic By ISMAIL CHE RUS The ...

Wealth managers getting ‘crazy’ pay hikes to defect in Asia

On average, a relationship manager at a major bank handled RM1.4b in AUM last year, according to Asian Private Banker
By BLOOMBERG ...

Turkey fallout reaches South Korea

By BLOOMBERG
SEOUL • Turkey’s economic troubles are reverberating in a market for short-term investors all the way across the Eurasian continent in ...