‘Cumulative outflow for June surpassed the entirety of 2014’
KUCHING: Analysts at MIDF Amanah Investment Bank Bhd (MIDF Research) saw cumulative outflow for June 2015 exceeded RM3 billion at…
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External factors cause local stocks to trade downtrend
KUALA LUMPUR: Bursa Malaysia’s downtrend is driven by external factors, including Greece’s referendum, says Affin Hwang Investment Bank Vice-President/Head of…
All eyes on ECB after Greek ‘No’ vote
FRANKFURT: All eyes were on the European Central Bank (ECB) yesterday following the resounding ‘No’ in the Greek referendum, with…
Rolls-Royce downgrades 2015, 2016 profit forecasts
LONDON: British engineering company Rolls-Royce downgraded its profit forecasts for this year and next, citing continued weakness in oil and…
Emergency eurozone summit on Greece on Tuesday
BRUSSELS: Eurozone nations will hold an emergency summit on Tuesday to discuss the Greek referendum ‘No’ result after the German…
Japan policymakers pledge to temper potential market
JAPANESE policymakers yesterday pledged to work closely to guard against financial market volatility after Greek voters rejected euro zone austerity…
Asia markets sink after Greece votes ‘No’ to austerity
HONG KONG: Asian stocks mostly fell yesterday after Greek voters rejected more austerity demands from creditors, fuelling fears the country…
Zeroing in on empty homes, China throws developers a lifeline
DISMAYED by the millions of unsold homes in China’s troubled real estate market, the Chinese government is taking matters into…