Money

How to Build a Soccer Industry: Balls, Players, China’s Billions

by Tariq Panja
It’s barely five years since Mads Davidsen arrived in China to coach kids at soccer. Now the 34-year-old Dane has found himself helping ...

BoJ’s dovish bent shows Asia’s policy divergence

HONG KONG • The Bank of Japan’s (BoJ) determination to press on with its unprecedented monetary stimulus leaves it out of step with developed world peers, ...

Japan returns to trade surplus in June

TOKYO • Japanese trade returned to surplus in June, with both imports and exports continuing the strong growth they have had all year.
Exports rose ...

MIM urges SMEs to adopt corporate governance

By ALIFAH ZAINUDDIN
The Malaysian Institute of Management (MIM) urges small and medium enterprises (SMEs) to adopt international standards of ...

SPNB to list subsidiary on Bursa, says Ahmad Zahid

By P PREM KUMAR
Government-owned affordable housing developer Syarikat Perumahan Negara Bhd (SPNB) plans to list one of its subsidiaries on Bursa ...

Big Oil Sees Salvation in Gas, But What If It’s a Wrong Bet?

by Jack Farchy & Kelly Gilblom
Talk to a Big Oil executive these days, and the chances are they’ll steer the conversation toward gas. “In 20 ...

Wall Street efforts to improve its image fail to sway Americans

NEW YORK • Bad news for financial titans like JP Morgan Chase & Co’s Jamie Dimon and Goldman Sachs Group Inc’s Lloyd Blankfein: Most Americans hold ...

GHL Systems gaining investors’ attention

By DASHVEENJIT KAUR
GHL Systems Bhd is attracting the attention of investors as the e-payment ecosystem expands. Now, majority-owned by private-equity ...

HK skyscrapers world’s most expensive

SINGAPORE • Skyscrapers in Hong Kong are the world’s most expensive commercial real estate assets, according to Knight Frank LLP.
Hong Kong ...

China Evergrande has ally against shorts

HONG KONG • Turns out China Evergrande Group, the indebted developer which earlier this year fought off short sellers, had a hidden ally.
Chinese ...

Frost & Sullivan: M’sia needs to boost debit card usage in retail sector

By IZZAT RATNA
Market research firm Frost & Sullivan said Malaysia needs to leverage on debit cards usage in the retail segment in order to ...

BNP Paribas fined RM1.1b over currency manipulation

WASHINGTON • BNP Paribas SA agreed to pay US$246 million (RM1.06 billion) to settle US Federal Reserve (Fed) allegations that the bank failed to keep its ...