10:33 am May 26, 2015 | No Comment
Malaysian ringgit forecasts are being raised for the first time since September as rebounding oil prices limit damage to the nation’s finances.
10:28 am May 26, 2015 | No Comment
Indonesia’s bid to rival Malaysia as a Shariah finance hub just took on greater impetus with a plan by Aceh province to convert its development bank to one that complies with Islamic law.
4:58 pm May 25, 2015 | No Comment
China needs to create deep and liquid markets to avoid currency risks as it makes the yuan a convertible currency, former Federal Reserve Chairman Ben S. Bernanke said in Shanghai.
4:50 pm May 25, 2015 | 1 Comment
Greece called on the country’s creditors to compromise on demands to break an impasse over the release of funds for its cash-strapped economy as a deadline neared for payments due next month to the International Monetary Fund.
2:05 pm May 25, 2015 | 1 Comment
Indonesia’s constitutional court is finalizing a review of a legal challenge to the role of the country’s financial regulator, in a case that will decide who supervises banking in Southeast Asia’s largest economy.
1:31 pm May 24, 2015 | No Comment
Pan Sutong made $22 billion this year and then lost more than half of it. He says he doesn’t care. The little-known electronics and property tycoon, who is based in Hong Kong, had jumped to number four on Bloomberg’s Asia wealth ranking last week as shares in his companies Goldin Financial Holdings Ltd. and Goldin […]
7:00 pm May 22, 2015 | No Comment
After pulling off the rare defeat of an activist investor, DuPont Chief Executive Officer Ellen Kullman has emerged as the new corporate champion of the value of long-term research over short-term profits.
6:42 pm May 22, 2015 | No Comment
UBS Group, in its bid to escape US criminal charges of manipulating currency markets, turned to “the godfather of leniency.”
6:06 pm May 22, 2015 | No Comment
The Greek economy risks being more a submerging market than an emerging market.
5:58 pm May 22, 2015 | No Comment
Janet Yellen is haunted by the taper tantrum as the Federal Reserve lays the groundwork for its first interest-rate increase in almost a decade.
5:42 pm May 22, 2015 | No Comment
Hewlett-Packard acknowledged its Chinese unit’s “disappointing” performance twice this year, following new restrictions on foreign technology vendors. Now it has given up control of the $4.5 billion business to try to change its fortunes.
5:12 pm May 22, 2015 | No Comment
OPEC will stick with the strategy of favoring market share over prices when it meets next month because rival producers are already starting to buckle.
4:55 pm May 22, 2015 | No Comment
Willie McTuggie looks like a photocopier on wheels. But he — it, actually — has the engineered brain of a reasonably smart human, and acts like one when when he rolls up to a nurse’s station, opens a drawer, retrieves a dose of pills and glides off to make a delivery.
4:04 pm May 22, 2015 | 3 Comments
Companies the world over have used interest payments to shrink their tax bills for decades. Indonesia, faced with record private debt, is trying something different.
3:52 pm May 22, 2015 | No Comment
Move over, Shanghai. The fastest growing city in Asia over the next five years will be Delhi, according to Oxford Economics. Chinese cities make up only three of its top 10 list, with India accounting for six. Ho Chi Minh City is the sole outsider beyond the two giants.