RM6.4 mln highland cocoa cluster centre to be built in Ranau
RANAU: A highland cocoa cluster centre costing RM6.4 million will be built here this year to coordinate cultivation of the…
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Norway’s high-yield bond market becomes latest casualty of oil turmoil
LONDON/OSLO: Norway’s multi-billion-dollar high-yield bond market has become the latest casualty of the oil industry slump, with looming debt defaults…
Britain’s Daily Mail eyeing Yahoo bid— US media
NEW YORK: The parent company of British tabloid newspaper and website the Daily Mail is in discussions with ‘several’ private-equity…
IMF defends negative interest rates despite risks
WASHINGTON: The IMF defended negative interest rates set by central banks, given ‘significant risks’ of slow growth, while acknowledging potential…
China to drag down growth in developing Asia — World Bank
SINGAPORE: China’s economic slowdown will hit growth in developing East Asia and the Pacific from this year until at least…
GCC states set to borrow up to US$390 billion by 2020
KUWAIT CITY: The oil-rich Gulf states are expected to borrow between US$285 billion and US$390 billion through 2020 to finance…
Vivocom will likely record strong 1Q16 results
KUCHING: Vivocom International Holdings Bhd’s (Vivocom) first quarter of 2016 (1Q16) results are likely to be strong, analysts project. According…
Fed Yellen defends economy
Fundamental outlook THE US services index rose to a five-month high while Fed chairman Janet Yellen said the recovering economy…