July 17, 2017

Ringgit opens higher against US dollar

KUALA LUMPUR, July 17: The ringgit recovered to open higher against the US dollar this morning on the back of the greenback’s weakness. At 9 am, the local […]
July 17, 2017

Greece heading for bond market test ‘within days’

  ATHENS, July 17: Bolstered by its third bailout programme and positive reports from the European Union, Greece is planning an imminent test of the bond […]
July 17, 2017

Merkel pressed to boost investment as poll race looms

  BERLIN, July 17: Germany should be legally bound to invest in infrastructure, the centre-left challenger to Chancellor Angela Merkel in September elections said on Sunday […]
July 17, 2017

Police smash Europe-wide horsemeat racket

  MADRID, July 17: A Spanish-led European police investigation has broken up an organised crime group that allegedly sold horsemeat across Europe that was “not suitable” […]
July 17, 2017

China second quarter GDP grows 6.9 percent year on year, beats expectations

BEIJING, July 17: China’s economy grew 6.9 percent in the second quarter from a year earlier, faster than expected and in line with the first quarter’s […]
July 16, 2017

Carlyle to buy airfield lighting group ADB Safegate: sources

LONDON/FRANKFURT, July 16: Buyout group Carlyle has agreed to buy airfield lighting group ADB Safegate at a valuation of about 900 million euros (US$1 billion) including […]
July 16, 2017

Germany eyes effective emission control from diesel cars

FRANKFURT, July 16: Germany is considering “effective measures” to cut pollution from diesel engines, the transport ministry said on Saturday, reacting to a media report saying […]
July 15, 2017

Belt and Road initiative will help China grow ties with rest of world: PM Lee

SINGAPORE, July 15: China’s Belt and Road initiative is a way for China to grow ties with the rest of the world in a “constructive” way, […]
July 15, 2017

New Honda Accord charges into a slumping US sedan market

DETROIT, July 15: Honda Motor Co Ltd on Friday will unveil its newest-generation Accord, one of four re-engineered midsize sedans that Asian automakers are betting on […]