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Bitcoin slips at start of key week for markets awaiting Fed rate cut
Bitcoin slips at start of key week for markets awaiting Fed rate cut
BITCOIN retreated ahead of a widely expected interest-rate reduction by the Federal Reserve, a looming policy change due later this week that has global markets on edge.The largest digital...
China asks its carmakers to keep key EV technology at home
China asks its carmakers to keep key EV technology at home
CHINA has strongly advised its carmakers to make sure advanced electric vehicle (EV) technology stays in the country, sources familiar with the matter said, even as they build factories...
Bahrain offloads stake in key Saudi Arabia oil pipeline to BlackRock
Bahrain offloads stake in key Saudi Arabia oil pipeline to BlackRock
BAHRAIN has sold a minority stake in a key oil pipeline that transports crude from Saudi Arabia to BlackRock as the Gulf’s smallest economy looks to monetise energy assets.Bapco...
Strike hits production at key Samsung electronics plant in India
Strike hits production at key Samsung electronics plant in India
SAMSUNG Electronics’ production at a plant in southern India was disrupted for a second day by hundreds of employees striking for higher wages on Tuesday (Sep 10), as top...
ECB cuts to get trickier once key interest rate approaches 3%
ECB cuts to get trickier once key interest rate approaches 3%
DECISIONS at the European Central Bank (ECB) are set to get a lot more contentious once interest rates fall to about 3 per cent and clashes emerge over what’s...
Asia: Markets drift ahead of key US figures, eyes on China
Asia: Markets drift ahead of key US figures, eyes on China
ASIAN markets stuttered on Tuesday as investors steel themselves for a high-stakes US jobs report at the end of the week while keeping tabs on China after fresh data...
Citi boosts Australia and New Zealand Markets business with key appointments
Citi boosts Australia and New Zealand Markets business with key appointments
CITIGROUP announced seven new appointments for its Australia and New Zealand business on Monday (Sep 2) across verticals, as the financial services major aims to strengthen these markets.The appointments...
IHH Healthcare confident Malaysia will remain key medical tourism hub despite headwinds
IHH Healthcare confident Malaysia will remain key medical tourism hub despite headwinds
The group also highlights transitional care opportunities in Singapore and Ebitda breakeven in its China clinicsDESPITE a strengthened Malaysian ringgit and possible competition from recent reforms in Indonesian healthcare,...
JPMorgan drops proposal to cut China’s share in key emerging-market bond index
JPMorgan drops proposal to cut China’s share in key emerging-market bond index
JPMORGAN Chase has dropped a proposal to change the way it calculates its flagship emerging-market bond index that would have reduced China’s share by almost half. The bank is...
Chinese banks hold key lending rates after PBOC signals caution
Chinese banks hold key lending rates after PBOC signals caution
CHINESE banks kept their benchmark lending rates unchanged for August, as profit margins come under pressure and policymakers focus on the health of financial institutions.The one-year loan prime rate...