BUSINESS & FINANCE

BUSINESS & FINANCE

BUSINESS & FINANCE

• Only 1 out of 27 firms turns a profit, signaling China’s property market has yet to bottom out.

  (BEIJING, 22nd) China’s property market continued to weaken last year, with both sales volume and va...

• Capping credit card interest rates could be disastrous, warns Wall Street heavyweight.

  (DAVOS, 22nd) JPMorgan Chase CEO Jamie Dimon said that U.S. President Donald Trump’s proposal to cap...

• International gold prices break above the US$5,000 mark.

  (WASHINGTON, 26th) On the evening of Jan 25 (Sunday) U.S. Eastern Time, NYMEX February gold futures ...

• Bursa Malaysia rises in line with broader markets, with the KLCI at 1,722.21 points.

  (KUALA LUMPUR, 26) Bursa saham Asia pagi ini dibuka mayoritas menguat, dan pasar saham Malaysia ikut...

• Deal talks reportedly collapsed over price, with a German drugmaker said to have ended its bid for Revolution.

  (FRANKFURT, 26th) Germany’s pharmaceutical giant Merck is reportedly ending talks to acquire U.S.-ba...

• With over one million vehicles sold overseas, BYD sets its sights on a new goal this year.

  (SHENZHEN, 26th) Chinese media reported that electric-vehicle giant BYD is working to boost its vehi...

• The ringgit surges — who stands to benefit the most?

  (KUALA LUMPUR, 26th) As the ringgit continues to strengthen against the U.S. dollar—up about 2.3% ye...

• Bursa Malaysia hits a more-than-seven-year high by midday, led by three key sectors.

  (KUALA LUMPUR, 26th) Malaysia’s stock market rallied strongly today, moving in tandem with gains in ...