Business

Yuan slide drags Asia FX down, rupiah hits 7-week low

Most emerging Asian currencies fell today as the Chinese yuan extended its recent decline to a 16-month low, while the Indonesian rupiah touched its weakest level in more than seven weeks due to increasing month-end dollar demand. Regional currencies barely reacted to a closely-watched Chinese manufacturing survey showing... Read More

A game room for employees is seen at Motorola Mobility global headquarters in Chicago, Illinois, yesterday. – Reuters pic, April 23, 2014.

A game room for employees is seen at Motorola Mobility global headquarters in Chicago, Illinois, yesterday. – Reuters pic, April 23, 2014.

Recent Articles

Shireen Muhiudeen in Forbes Asia’s 50 Power Businesswomen list

Veteran fund manager Shireen Muhiudeen (pic) is the only Malaysian on the Forbes Asia's annual "Asia’s 50 Power... Read More

Chinese brokerages queue up for next round of IPOs

Chinese securities firms are lining up to tap domestic equity markets, with one brokerage likely to post China's... Read More

KL shares remain mixed at mid-afternoon

Shares on Bursa Malaysia remained mixed at mid-afternoon as profit-taking capped gains. At 3.02pm, the FTSE Bursa... Read More

South Africa’s Sanlam to buy 51% in Zurich for US$119 million

South Africa's biggest insurer Sanlam said today it would acquire a majority stake in Malaysia's MCIS Zurich... Read More

Singapore stocks down on profit-taking, Thailand up on earnings

Southeast Asian stocks were mixed today, with Singapore's Straits Times Index retreating from a near 11-month high... Read More

REDtone posts higher pre-tax profit to RM6.40 million in 3Q14

REDtone International Bhd (REDtone) posted a pre-tax profit of RM6.40 million in its third quarter ended... Read More

AIG ‘Insurer of the Year’ for 3 consecutive years

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Share prices end morning session mixed

Share prices on Bursa Malaysia ended mixed in the morning session with gains limited by losses in selected... Read More

China’s factory activity shrinks for fourth month, but pace of decline slows

China's factory activity shrank for the fourth straight month in April, signalling economic weakness into the... Read More

Share prices turn mixed at mid-morning on profit-taking

Share prices on Bursa Malaysia turned mixed at mid-morning today as investors took some profits off the... Read More

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