Money

Draghi’s riddle of missing inflation argues for ECB patience

FRANKFURT, May 29 — When Mario Draghi is asked today why the European Central Bank can’t yet signal tightening for the region’s resurgent economy, he can respond with a question of his...

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Western Digital may join Japan-KKR group for Toshiba chip unit bid, sources say

TOKYO, May 29 — Western Digital Corp may join a consortium of Japanese government money and KKR & Co LP to bid for Toshiba Corp’s chip unit, backing away from an earlier demand for an...

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BMW says shortage of parts from Bosch hampers production

FRANKFURT, May 29 — German carmaker BMW said a shortage of steering gears supplied by Robert Bosch slowed production of its 1 series, 2 series, 3 series and 4 series BMW models and caused...

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China’s slam dunk ‘sharing economy’ booms, but can it last?

BEIJING, May 29 — Fancy shooting some hoops, but don’t have a basketball? Caught in the rain with no umbrella? Smartphone run out of juice? China’s rapidly expanding “sharing...

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SE Asia stocks mostly down; Philippines hits three-week closing high

MANILA, May 29 — Most Southeast Asian stock markets ended down today in the absence of catalysts, with the Chinese and US markets closed for holidays. Philippine shares, however, eked out a...

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More News

Nor Mohamed gives statement to Bank Negara in forex probe

Wall Street flat as consumer stocks’ gains offset by tech, financials

US Q1 2017 growth revised up sharply to 1.2pc

Sharp forecasts first profit in four years, confirms Toshiba chip bid

Affin Q1 pre-tax profit up to RM161.5m

Ringgit jumps on Opec, yuan at three-month high, other Asian currencies drift

China’s reforms not enough to arrest mounting debt, says Moody’s

Asean stocks subdued as Opec disappointment hurts investor sentiment

Ringgit ends higher on positive Q1 growth

Bursa ends lower on selling sentiment

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