Global holdings of Malaysian government bonds advance in April
KUCHING: Increasing demand for Malaysian government bonds has exerted downward pressure on the long-term yields in recent months. According to…
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Property market weakness in Johor likely to persist despite projects freeze
KUCHING: Despite reports of Johor’s government postponing approvals of new serviced apartment projects in Johor, analysts believed that headwinds will…
ECB stimulus to stay ‘as long as needed’ – Draghi
WASHINGTON: European Central Bank (ECB) President Mario Draghi said that the bank’s massive stimulus for the eurozone will remain in…
China to invest US$50 billion in Brazilian infrastructure
BRAS LIA: China will invest US$50 billion to help overhaul Brazil’s aging infrastructure, Brasilia said Thursday, ahead of an official…
Australian PM backs senate probe into iron ore slump
SYDNEY/MELBOURNE: Australian Prime Minister Tony Abbott yesterday threw his support behind a proposed Senate inquiry into the economic impact of…
Taiwan imposes new restrictions on Japan food imports
TAIPEI: Taiwan Friday imposed new restrictions on food imported from Japan after hundreds of products were recalled over fake labels…
Franchise sector to contribute RM26.8 bln to GDP this year
KUALA LUMPUR: The franchise sector is expected to contribute RM26.8 billion to Malaysia’s gross domestic product (GDP) this year, compared…
Nam Cheong posts lower net profit of RM39.3 million for first quarter, 2015
SINGAPORE: Nam Cheong Ltd, a leading global offshore marine player listed on the Main Board of the Singapore Exchange Securities…