Large firms’ confidence hits three-decade high
TOKYO: Japan’s largest service sector firms are their most optimistic in more than three decades, even as confidence among manufacturers…
Co-ops to be able to use reserves to pay dividends
SINGAPORE: Singapore’s cooperatives will be able to use their reserves to pay dividends and honoraria under proposed changes to an…
New platform allows banks to exchange information
SINGAPORE: A centralised digital platform that enables banks to voluntarily share information with one another about suspicious customers is in…
Mixed monetary indicators in February
PETALING JAYA: Malaysia’s monetary indicators were mixed in February, as loan growth hit a 16-month high amid slowing broad money…
Dollar is more armoured division than currency
THERE’S just no getting past the supremacy of the US dollar, much as sceptics of American influence wish for it…
Next BoJ hike likely in October at the earliest, says economist
TOKYO: The Bank of Japan (BoJ) will probably take its time before raising interest rates again, with October likely being…
Funds’ bearish CBOT corn bets clash with thinner US plantings
SPECULATORS maintained their big short in Chicago corn in front of pivotal US government data showing US farmers planting fewer…
India, S. Korea, Japan to stay busy with IPOs as China stalls
SHANGHAI: After the worst quarter in five years for Asia-Pacific initial public offerings (IPOs), a pick-up in activity is expected…
Sin-Kung inks IPO underwriting deal with M&A Securities
KUALA LUMPUR: Sin-Kung Logistics Bhd has entered into an underwriting agreement with M&A Securities Bhd for its upcoming initial public…