Economy News Headlines

  • Japan's PM Abe gives a keynote address at Japan Summit 2014 hosted by the Economist magazine in Tokyo
    Obama, Abe to battle negative images at U.S.-Japan summit Reuters - 36 minutes ago

    By Linda Sieg and David Brunnstrom TOKYO/WASHINGTON (Reuters) - When U.S. President Barack Obama meets Japanese Prime Minister Shinzo Abe at a summit next week, they … More »Obama, Abe to battle negative images at U.S.-Japan summit

    Japan's PM Abe gives a keynote address at Japan Summit 2014 hosted by the Economist magazine in Tokyo

    By Linda Sieg and David Brunnstrom TOKYO/WASHINGTON (Reuters) - When U.S. President Barack Obama meets Japanese Prime Minister Shinzo Abe at a summit next week, they will be battling negative undercurrents that could undermine their message that Asia's most important security alliance is firm. Obama, stopping in Tokyo …

  • Lonmin Chief Executive Magara looks on after accepting memorandum from striking miners outside Lonmin's headquarters in Johannesburg
    South African union, platinum bosses in fresh talks to end strike Reuters - 52 minutes ago

    By Ed Stoddard JOHANNESBURG (Reuters) - The leaders of South Africa's striking mining union and the chief executives of the world's three biggest platinum producers … More »South African union, platinum bosses in fresh talks to end strike

    Lonmin Chief Executive Magara looks on after accepting memorandum from striking miners outside Lonmin's headquarters in Johannesburg

    By Ed Stoddard JOHANNESBURG (Reuters) - The leaders of South Africa's striking mining union and the chief executives of the world's three biggest platinum producers were set to meet on Thursday, in a renewed drive to end a crippling strike entering its 13th week. "They will be meeting directly with the Minister of Labour …

  • Hamburg SV's Calhanoglu is congratulated by his team mate Arslan after scoring during their German Bundesliga first division soccer match against Hanover 96 in Hanover
    Hamburg sniper Calhanoglu out to rescue Dinosaur Reuters - 56 minutes ago

    Hamburg SV midfielder Hakan Calhanoglu returned to training this week and the northern side hope can play a key role in their relegation battle with Saturday's match … More »Hamburg sniper Calhanoglu out to rescue Dinosaur

    Hamburg SV's Calhanoglu is congratulated by his team mate Arslan after scoring during their German Bundesliga first division soccer match against Hanover 96 in Hanover

    Hamburg SV midfielder Hakan Calhanoglu returned to training this week and the northern side hope can play a key role in their relegation battle with Saturday's match against VfL Wolfsburg the first of four fixtures that will decide their fate. The 20-year-old Turkey international, who had been nursing a fever, has been …

  • Bank of Japan Governor Kuroda casts his shadow on a wall as he drinks a cup of water during a news conference at the BOJ headquarters in Tokyo
    BOJ keeps upbeat view on regional Japan, sees limited tax hike impact Reuters - 1 hour 5 minutes ago

    By Leika Kihara TOKYO (Reuters) - The Bank of Japan maintained its upbeat view on most of the country's regional economies, adding to reassurances from its governor … More »BOJ keeps upbeat view on regional Japan, sees limited tax hike impact

    Bank of Japan Governor Kuroda casts his shadow on a wall as he drinks a cup of water during a news conference at the BOJ headquarters in Tokyo

    By Leika Kihara TOKYO (Reuters) - The Bank of Japan maintained its upbeat view on most of the country's regional economies, adding to reassurances from its governor that the world's third-largest economy can ride out the pain from a sales tax hike without additional stimulus. Also on Thursday, a Reuters survey showed …

  • A sales assistant talks to visitors in front of models of apartments at a real estate exhibition in Shenyang
    China's cooling property market a risk to economic growth Reuters - 1 hour 21 minutes ago

    By Xiaoyi Shao and Jonathan Standing BEIJING (Reuters) - China's property market could threaten Beijing's plan to manage a slowdown in growth, as evidence mounts … More »China's cooling property market a risk to economic growth

    A sales assistant talks to visitors in front of models of apartments at a real estate exhibition in Shenyang

    By Xiaoyi Shao and Jonathan Standing BEIJING (Reuters) - China's property market could threaten Beijing's plan to manage a slowdown in growth, as evidence mounts of a rapid cooling in w...

  • Rajan reads the bi-monthly monetary policy statement at a news conference at the RBI headquarters in Mumbai
    A star abroad, RBI boss riles bond traders at home Reuters - 1 hour 22 minutes ago

    By Neha Dasgupta MUMBAI (Reuters) - Since taking the helm of the Reserve Bank of India, Raghuram Rajan's agenda to reform markets has put the noses of Mumbai bond traders … More »A star abroad, RBI boss riles bond traders at home

    Rajan reads the bi-monthly monetary policy statement at a news conference at the RBI headquarters in Mumbai

    By Neha Dasgupta MUMBAI (Reuters) - Since taking the helm of the Reserve Bank of India, Raghuram Rajan's agenda to reform markets has put the noses of Mumbai bond traders firmly out of joint by upending practices that provided them with a relatively secure rate of return. Benchmark 10-year bond yields have risen more …

  • Real Madrid's Gareth Bale celebrates after winning the King's Cup final soccer match against Barcelona at Mestalla stadium in Valencia
    'Prince of Wales' targets three crowns after Cup stunner Reuters - 1 hour 27 minutes ago

    By Iain Rogers MADRID (Reuters) - Gareth Bale's brilliant winner in Wednesday's King's Cup final against Barcelona gave the world's most expensive player his first taste … More »'Prince of Wales' targets three crowns after Cup stunner

    Real Madrid's Gareth Bale celebrates after winning the King's Cup final soccer match against Barcelona at Mestalla stadium in Valencia

    By Iain Rogers MADRID (Reuters) - Gareth Bale's brilliant winner in Wednesday's King's Cup final against Barcelona gave the world's most expensive player his first taste of major silverware and the Wales winger is hungry for more. Bale was hailed as the "Prince of Wales" in the Spanish media on Thursday after he collected …

  • RBI Governor Rajan attends a seminar organised by the University of Chicago in New Delhi
    A star abroad, India central bank boss riles bond traders at home Reuters - 1 hour 41 minutes ago

    By Neha Dasgupta MUMBAI (Reuters) - Since taking the helm of India's central bank, Raghuram Rajan's agenda to reform markets has put the noses of Mumbai bond traders … More »A star abroad, India central bank boss riles bond traders at home

    RBI Governor Rajan attends a seminar organised by the University of Chicago in New Delhi

    By Neha Dasgupta MUMBAI (Reuters) - Since taking the helm of India's central bank, Raghuram Rajan's agenda to reform markets has put the noses of Mumbai bond traders firmly out of joint by upending practices that provided them with a relatively secure rate of return. Benchmark 10-year bond yields have risen more than …

  • A man walks past Bombay Stock Exchange building in Mumbai
    Sensex jumps around 300 points as IT shares recover Reuters - 1 hour 43 minutes ago

    Reuters Market Eye - The BSE Sensex and the Nifty rise more than 1 percent each. IT outsourcers recover from steep falls on Wednesday after Tata Consultancy Services … More »Sensex jumps around 300 points as IT shares recover

    A man walks past Bombay Stock Exchange building in Mumbai

    Reuters Market Eye - The BSE Sensex and the Nifty rise more than 1 percent each. IT outsourcers recover from steep falls on Wednesday after Tata Consultancy Services Ltd and HCL Technologies Ltd post better-than-expected earnings. TCS gains and HCL Tech are up around 1 percent each. Gains also track higher Asian rivals …

  • Japan's PM Abe gestures as he gives a keynote address at Japan Summit 2014 hosted by the Economist magazine in Tokyo
    Japan's Abe dubs China vital partner amid territorial disputes Reuters - 2 hours 2 minutes ago

    By Kiyoshi Takenaka TOKYO (Reuters) - Japanese Prime Minister Shinzo Abe criticized Beijing for trying to "change the status quo" with force in maritime disputes but … More »Japan's Abe dubs China vital partner amid territorial disputes

    Japan's PM Abe gestures as he gives a keynote address at Japan Summit 2014 hosted by the Economist magazine in Tokyo

    By Kiyoshi Takenaka TOKYO (Reuters) - Japanese Prime Minister Shinzo Abe criticized Beijing for trying to "change the status quo" with force in maritime disputes but said China was a vital economic partner, as a series of visits suggested a possible thaw in ties between the Asian rivals. Sino-Japanese ties have been strained …

  • People walk out of a Lenta supermarket in Moscow
    Russian retailer Lenta posts higher sales growth Reuters - 2 hours 15 minutes ago

    MOSCOW (Reuters) - Russian hypermarket chain Lenta , which recently joined the stock market, said sales growth quickened in the first quarter as customers were, so far, … More »Russian retailer Lenta posts higher sales growth

    People walk out of a Lenta supermarket in Moscow

    MOSCOW (Reuters) - Russian hypermarket chain Lenta , which recently joined the stock market, said sales growth quickened in the first quarter as customers were, so far, unaffected by th...

  • An armed man talks to Ukrainian servicemen on an armoured personnel carrier in Kramatorsk
    Bloodshed in eastern Ukraine heightens fear as talks start Reuters - 2 hours 16 minutes ago

    By Aleksandar Vasovic MARIUPOL Ukraine (Reuters) - Pro-Russian separatists attacked a base of the Ukrainian national guard in an eastern city overnight and Kiev said … More »Bloodshed in eastern Ukraine heightens fear as talks start

    An armed man talks to Ukrainian servicemen on an armoured personnel carrier in Kramatorsk

    By Aleksandar Vasovic MARIUPOL Ukraine (Reuters) - Pro-Russian separatists attacked a base of the Ukrainian national guard in an eastern city overnight and Kiev said three of the militants were killed, bloodshed likely to overshadow crisis talks in Geneva. Ukrainian, Russian and Western diplomats arrived for the emergency …

  • People pass row of Volkswagen e-Golf cars during company's annual news conference in Berlin
    Europe's car sales upturn fails to halt price war Reuters - 2 hours 26 minutes ago

    By Laurence Frost PARIS (Reuters) - Europe's car sales recovery may be taking hold, according to registrations data published on Thursday, but a confidential industry … More »Europe's car sales upturn fails to halt price war

    People pass row of Volkswagen e-Golf cars during company's annual news conference in Berlin

    By Laurence Frost PARIS (Reuters) - Europe's car sales recovery may be taking hold, according to registrations data published on Thursday, but a confidential industry survey shows the p...

  • France's Finance Minister Sapin makes remarks during a press briefing during the IMF and World Bank 2014 Annual Spring Meetings in Washington
    France to slow deficit reduction, will respect targets - minister Reuters - 3 hours ago

    France has won backing from its European partners to slightly slow the reduction of its public deficit, but it will respect its EU-imposed deficit targets, French Finance … More »France to slow deficit reduction, will respect targets - minister

    France's Finance Minister Sapin makes remarks during a press briefing during the IMF and World Bank 2014 Annual Spring Meetings in Washington

    France has won backing from its European partners to slightly slow the reduction of its public deficit, but it will respect its EU-imposed deficit targets, French Finance Minister Michel Sapin said on Thursday. The French government aims to bring the deficit in line with an EU limit of 3 percent of national income next …

  • A pedestrian passes the head office of the Lloyds Banking Group in London
    Lloyds Bank says private investors agree to bond buyback Reuters - 3 hours ago

    LONDON (Reuters) - Lloyds Banking Group said private retail investors had agreed to sell bonds worth a nominal 58.5 million pounds ($98.2 million), which were issued … More »Lloyds Bank says private investors agree to bond buyback

    A pedestrian passes the head office of the Lloyds Banking Group in London

    LONDON (Reuters) - Lloyds Banking Group said private retail investors had agreed to sell bonds worth a nominal 58.5 million pounds ($98.2 million), which were issued to rescue the bank ...

More Latest News »
 

Top Stories

  • Piramal buys 20 percent stake in Shriram Capital

    Mumbai, April 17 (IANS) Ajay Piramal-led Piramal Enterprises Thursday said it has agreed to buy 20 percent equity stake in Shriram Capital, the financial services arm of the Chennai-based Shriram Group, for Rs 2,014 crore. …

  • Captain of capsized S.Korean ferry faces criminal investigation
    Captain of capsized S.Korean ferry faces criminal investigation

    By Narae Kim JINDO South Korea (Reuters) - The captain of the South Korean ferry that capsized off the southwest coast was facing a criminal investigation on Thursday, an official said, amid unconfirmed reports that he was one of the first people to jump to safety as the vessel began sinking. The captain, identified as Lee Joon-seok, 69, is being questioned by the coastguard and is the subject of a criminal investigation, a coastguard official said. "It's still an early stage and we're …

  • 'Four-year undergrad programmes need of the hour'

    New Delhi, April 17 (IANS) Ashoka University, a philanthropic higher-education initiative of a group of entrepreneurs and business leaders, is set to open its doors in August with four-year undergraduate programmes in the liberal arts. Similar term courses in Delhi University have led to widespread resentment and criticism. According to founders of the new institution, the undergraduate programmes of Ashoka University are broadly based on the US liberal education system and would be of the …

  • China factories face new challenge as growth slows
    China factories face new challenge as growth slows

    HONG KONG (AP) — As China's growth inexorably slows, manufacturers such as Linan Meite Cable are discovering that being an efficient low cost producer is no longer enough to prosper. …

  • World stocks subdued, Nikkei flat on profit taking

    HONG KONG (AP) — World stocks were subdued Thursday ahead of a long weekend for many markets, with Japan's Nikkei faltering as investors locked in profits after a strong rally. …

  • Rupee falls to 60.50 against dollar on oil demands

    Mumbai, April 17 (IANS) The Indian rupee fell to 60.50 against a US dollar Thursday, registering decline for the fourth straight session on high demands for the greenback from oil importers. The partially convertible rupee opened on a positive note and strengthened to 60.26 against a dollar in early trade after US Federal Reserve chair Janet Yellen signalled continuance of economic stimulus. The rupee was quoted at 60.40 against a dollar at the Interbank Foreign Exchange Markets here at 1.42 …

  • Servier, lab founder in drug scandal, dies at 92

    PARIS (AP) — Jacques Servier, the founder of France's second-largest pharmaceutical group who became ensnared in a scandal over a diabetes drug widely used for weight loss, has died. …

  • Japan considers curtailing whale hunt further - media

    By Elaine Lies TOKYO (Reuters) - Japan is considering scrapping a Northwest Pacific whale hunt just days before the fleet's planned departure, media said on Thursday, as the government grapples with its response to an international court ruling against its main whale hunt. In a blow to Tokyo's decades-old and disputed "scientific whaling" programme, the International Court of Justice (ICJ) last month ordered a halt to its annual hunts in the Southern Ocean, prompting Japan to cancel its …

Malaysia

  • MAS partners up with Ramco Systems to improve efficiency

    SUBANG (Feb 3): Malaysian Airline System Bhd (MAS) announced its strategic partnership with Ramco Systems, a Chennai-based IT solutions provider, in an effort to optimise its operations and reduce costs. …

  • #Highlight* Taib’s family in 400 firms worth billions and Taib might have broken state law as ...

    KUALA LUMPUR (March 3): Tan Sri Abdul Taib Mahmud, who has just stepped down as Sarawak chief minister and become the Yang di-Pertua Negeri (state governor), has led the state imperiously for 33 years; and during these years, his family members have amassed billions of wealth. …

  • #Stock Focus* Spritzer rises 2% on water rationing

    KUALA LUMPUR (Mar 3): Bottled-water producer Spritzer Bhd rose as much as 2% amid news of water rationing in the Klang Valley. …

  • Hong Leong lowers Sime Darby's profit forecast, TP to RM10.02

    KUALA LUMPUR (Feb 3): Hong Leong Investment Bank Bhd (HLIB) trimmed marginally its FY14 core net profit forecast for Sime Darby Bhd to RM3.13 billion to reflect lower oil palm  fresh fruit bunch (FFB) yield assumption. …

  • #Fund Flow* Foreign selling stops, for now

    KUALA LUMPUR (March 3): After selling in 19 out of the last 20 weeks, including the last seven consecutive weeks, foreign investors turned net buyers of Malaysian stocks, according to MIDF Research. …

  • Alliance: TH Heavy may doule EPS with RM400m record orderbook

    KUALA LUMPUR (Mar 3): TH Heavy Engineering Bhd may double its earnings per share (EPS) in anticipation that the usage of its fabrication yard will rise to 90%, according to Alliance Research. …

  • Kenanga downgrades KPJ profit, TP

    KUALA LUMPUR (Mar 3): Kenanga Investment Bank Bhd has cut its net profit forecast for Hospital operator KPJ Healthcare Bhd and reduced the target price (TP) for the stock. …

  • Airbus’ first facility out of Europe rides on China’s growth

    TIANJIN (China): The first Airbus assembly facility outside of Europe — the Final Assembly Line in Tianjin, China (FALC) — is poised to ride on the growth of the Chinese aviation market. In a recent visit to the facility, Airbus (Tianjin) Final Assembly Co Ltd general manager Andreas Ockel briefed local and foreign media that China is currently Airbus’ No 2 market in terms of deliveries of aircraft. “Out of 626 aircraft [Airbus] produced and delivered last year, 133 were delivered to China,” …

Stocks

Market Data

  • Currencies
    Currencies
    NamePriceChange% Chg
    3.2380-0.004-0.12%
    USDMYR=X
    4.4848+0.0058+0.13%
    EURMYR=X
    5.4491+0.0031+0.06%
    GBPMYR=X
    31.5195-0.0179-0.06%
    MYRJPY=X
    2.5914-0.0003-0.01%
    SGDMYR=X
    2.3948+0.003+0.13%
    MYRHKD=X
    3,529.9575+2.196+0.06%
    MYRIDR=X
    1.9207+0.0019+0.10%
    MYRCNY=X
    3.0305-0.0068-0.23%
    AUDMYR=X
  • Commodities
    Commodities
    NamePriceChange% Chg
    1,299.40-4.10-0.31%
    GCM14.CMX
    19.60-0.03-0.17%
    SIK14.CMX
    90.83-1.04-1.14%
    ^XAU
    3.04+0.01+0.41%
    HGK14.CMX
    103.74-0.02-0.02%
    CLK14.NYM
  • Bonds
    Bonds
    TreasuryYield (%)Yield Change
    1.65+0.04
    ^FVX
    2.64+0.01
    ^TNX
    3.45-0.01
    ^TYX

Currencies