Asian shares slide on US rate cut rethink, Middle East worries
SINGAPORE: Asian stocks sank and the dollar climbed to more than five-month highs on Tuesday as stronger-than-expected U.S. retail sales…
Amundi to get 26% stake in Victory in exchange for US business
PARIS: Amundi, Europe's largest asset manager, said on Tuesday it had agreed to sell its U.S. business to Victory Capital…
UK wage growth slows slightly as Bank of England mulls rate cuts
LONDON: British core wage growth slowed again, posting its weakest rise since the three months to September 2022 but remained…
Oil prices rise on China growth, Middle East tensions
OIL prices rose on Tuesday after data showed China's economy grew faster than expected, while heightened tensions in the Middle…
Indonesia intervenes to stem rupiah’s slide after currency hits 4-year low
JAKARTA: The Indonesian rupiah on Tuesday tumbled to its weakest in four years as the market reopened after the Eid…
CTOS, airasia academy team up to empower SMEs through strategic business education
KUALA LUMPUR: Malaysia’s leading credit reporting agency CTOS Data Systems Sdn Bhd and the airasia academy have joined forces to…
Asian bonds see first monthly outflow in five on easing US rate-cut hopes
FOREIGN investors significantly reduced their holdings in Asian bonds last month, as traders reassessed their expectations of a U.S. Federal…
Bursa Malaysia continues downtrend with over 1,000 counters in red
KUALA LUMPUR: Bursa Malaysia saw another day of over 1,000 counters closing in the red, marking a consecutive decline.
MIDA appoints Sikh Shamsul Ibrahim as CEO
KUALA LUMPUR: The Malaysian Investment Development Authority (MIDA) has appointed Sikh Shamsul Ibrahim Sikh Abdul Majid as the new chief…