Bursa Malaysia rebounds as buying interest returns
KUALA LUMPUR: Bursa Malaysia rebounded from two straight days of declines, buoyed by bargain-hunting activities amid the recent market sell-off.
Ringgit strengthens to end higher against US dollar
KUALA LUMPUR: The ringgit continued to strengthen against the US dollar today after the US Dollar Index (DXY) retreated in…
Taiwan labour minister apologises for ‘racist’ comments regarding Indian migrant workers
TAIPEI: Taiwan’s Labour Minister Hsu Ming-chun has apologised for saying that the island planned to recruit workers from India’s north-eastern…
Construction machinery maker aims to raise production
Construction equipment maker Xuzhou Construction Machinery Group Co Ltd (XCMG) is ramping up efforts to promote the production of new…
MUFG readies for rate lift-off this month
One question is obsessing over Tokyo’s financial markets – when will the Bank of Japan (BoJ) exit negative interest rates?…
Bitcoin retreats after a record-breaking run
Bitcoin surged to a record for the first time in more than two years before rapidly retreating as traders took…
Target joins crowds of retailers seeking expansion
Opening new stores is back in style – at some US retail chains. Executives at several major retailers in recent…
Australian fund buys airport site for logistics hub
Australian pension fund UniSuper says it has bought an undeveloped site next to Sydney’s planned new international airport to develop…
Toyota ups its bet on hybrids in Brazil with US$2.2bil plan
Toyota Motor Corp is increasing its bet on flex fuel-hybrid vehicles with an investment of 11 billion reais in its…