• Singapore  |  MARCH 3, 2015 3:03 PM

    S’pore’s rising interest rates sting mortgage borrowers

    Story by

    The era of ultra-easy money is drawing to an end for Singapore mortgage holders, with domestic interest rates rising at their fastest pace in a decade in a country that already ranks among the world's most expensive places to live.

  • Featured and Exclusive & Opinion  |  MARCH 3, 2015 3:03 PM

    Is Chinese QE Next?

    Story by

    Over the weekend, China's second rate move in three months made clear how concerned leaders in Beijing are about sliding growth. And Saturday's quarter percentage-point cut is probably only the beginning.

  • Property  |  MARCH 3, 2015 2:52 PM

    Australia orders firm to sell illegally bought mansion

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    Australia’s government ordered a company owned by China’s Evergrande Real Estate Group Ltd to sell a A$39 million (RM110 million) Sydney mansion as it cracks down on illegal home-buying by foreigners.

  • World Biz  |  MARCH 3, 2015 2:45 PM

    Takata plans to double replacement inflator output

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    Takata Corp said on Monday it plans to double its capacity to make replacement air bag inflators over the next six months and it continues testing parts that could explode with too much force.

  • Corporate  |  MARCH 3, 2015 2:42 PM

    Oriental unit acquires 90% stake in PT Surya Agro

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    OAM Asia (Singapore) Pte Ltd (OAMA) has acquired 90% stake in PT Surya Agro Persada (SAP) for RM98.32 million, Oriental Holdings Bhd (OHB) said in a filing to Bursa Malaysia.

  • Corporate & Featured and Exclusive  |  MARCH 3, 2015 2:33 PM

    Moody’s: M’sia banks, property developers resilient

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    Malaysian banks and property developers are resilient to possible shifts in sentiment and falling property prices, says Moody's Investors Service.

  • World Biz  |  MARCH 3, 2015 2:25 PM

    Mumbai mulls China-like skyscrapers in makeover

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    Mumbai is seeking to amend its 24-year-old building rules that allowed slums to mushroom and kept housing beyond the reach of most of its 19 million residents.

  • Corporate & Featured and Exclusive  |  MARCH 3, 2015 2:23 PM

    Rafizi says AmBank CEO resigned due to 1MDB loans

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    Bank Negara allegedly discovered irregularities in Ambank's RM2 billion loan to 1Malaysia Development Berhad (1MDB), said PKR secretary-general Rafizi Ramli.

  • Corporate  |  MARCH 3, 2015 1:49 PM

    Axiata launches own API platform

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    Axiata Digital Services (ADS) has launched Mobile Internet Fulfillment Exchange (Mife), its own Application Programme Interface (API) platform for all of its Operating Companies (OpCos) across Asia.

  • World Biz  |  MARCH 3, 2015 1:46 PM

    Tightening job market a boon to Japanese graduates

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    Job offers haven’t been this good for Japan's high-school graduates since at least 1996, in another sign of a tightening job market as a result of the shrinking population.

  • Corporate  |  MARCH 3, 2015 1:41 PM

    CIMB appoints new CFO

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    Malaysia's CIMB Group Holdings Bhd said it replaced its chief financial officer with his deputy, a few days after the bank reported its fourth-quarter profit fell 76% due to a sharp increase in provisions and slower revenue growth.

  • Opinion  |  MARCH 3, 2015 1:30 PM

    The deflation bogeyman

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    CAMBRIDGE – The world’s major central banks are currently obsessed with the goal of raising their national inflation rates to their common target of about 2% per year. This is true for the United States, where the annual inflation rate was …

  • Commodities  |  MARCH 3, 2015 1:27 PM

    Asia to remain leading LNG export market

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    Asia will remain the leading liquefied natural gas (LNG) export market for the foreseeable future despite the challenging environment, including a deep plunge in crude oil prices, says Singapore Prime Minister's Office Minister, S Iswaran.

  • Commodities  |  MARCH 3, 2015 1:18 PM

    KLTM extends downtrend, closes at US$17,850 a tonne

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    The Kuala Lumpur Tin Market (KLTM) continued yesterday's downtrend to close US$100 lower at US$17,850 per tonne today, dragged down by weak buying, a dealer said.

  • Economy  |  MARCH 3, 2015 1:15 PM

    Australia ‘strongly rejects’ TPP scaremongering

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    Australia's Trade and Investment Minister Andrew Robb, strongly rejected claims that the country would sign up to a trade agreement that would drive up the cost of medicines and undermine public health.

  • Corporate  |  MARCH 3, 2015 1:10 PM

    Mid-market firms key to dynamic economy, says HSBC

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    Middle-market enterprises (MMEs) or those with an annual turnover between US$50 million (RM181.32 million) to US$500 million, are now key to a prosperous and dynamic economy in Asia.

  • Markets  |  MARCH 3, 2015 1:03 PM

    KL shares higher at mid-day

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    Bursa Malaysia ended the morning session in positive territory today, supported by gains in heavyweights, as bargain hunters emerged after yesterday's losses, dealers said.

  • Economy & World Biz  |  MARCH 3, 2015 12:38 PM

    Australian dollar higher as RBA resist calls for rate cut

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    Australia's central bank held its cash rate steady on Tuesday to confound calls for a cut and sending the local dollar sharply higher, though it did leave the door wide open for an easing at future policy meetings.

  • Opinion  |  MARCH 3, 2015 12:28 PM

    Asians make it big in America

    Story by

    The growing national concern about economic inequality raises many questions. One has to do with demographic groups. Are some doing better than others? If so, exactly why?

  • Commodities & Corporate  |  MARCH 3, 2015 12:01 PM

    Gov’t mulls biofuel programme for industries

    Story by

    The government will explore the possibility of the B10 Programme to be extended to other sectors, such as industry and power generation.