• Featured and Exclusive & Finance  |  OCTOBER 25, 2014 2:38 PM

    Insia’s finance minister favours rate cut

    Story by
    www.reuters.com

    India’s Finance Minister Arun Jaitley favours a cut in interest rates to trigger demand in the construction sector, a newspaper report said on Saturday, but the central bank has signalled it will not ease policy until it is confident of …

     
  • Finance  |  OCTOBER 24, 2014 9:53 PM

    25 banks said to fail ECB’s stress test

    Story by
    www.bloomberg.com

    25 lenders in the European Central Bank’s (ECB) euro area bank health check are set to fail the regulator’s Comprehensive Assessment, according to a draft communique of the final results, seen by Bloomberg News.

     
  • Finance  |  OCTOBER 24, 2014 9:34 PM

    US Treasuries rises amidst Ebola fear

    Story by
    www.bloomberg.com

    Treasuries rose as higher relative yields to Group of Seven (G7) counterparts lured investors, amid concern a New York Ebola case reflects further spreading of the virus that may weigh on the global economy.

     
  • Finance  |  OCTOBER 24, 2014 4:30 PM

    M’sia bonds set to snap 5-week rally on global outlook

    Story by
    www.bloomberg.com

    Malaysia’s 10-year government bonds were poised for their first weekly decline in six, halting the longest run of gains since they were issued in January, as an improved global growth outlook reduced the allure of debt.

     
  • Finance  |  OCTOBER 24, 2014 1:20 PM

    New Asian infrastructure bank in the works

    Story by
    [email protected]

    The Malaysian government today signed an agreement with 20 other proposed founding member countries to establish the Asian Infrastructure Investment Bank (AIIB), which will fund infrastructure development. Finance Minister II, Ahmad Husni Hanadzlah signed a non-binding multilateral memorandum of understanding …

     
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