Subscribe: The Star Online: Most Viewed: Business
http://thestar.com.my/rss/mostview/business.xml
Preview: The Star Online: Most Viewed: Business

Business News



Business News



 



Hedge funds abandon all hope in Opec: Kemp

Mon, 26 Jun 2017 21:11:04 +08:00

LONDON: Hedge funds and other money managers appear to have abandoned all hope that Opec will rebalance the oil market, slashing formerly bullish bets on crude futures and options.


Media Files:
http://www.thestar.com.my/~/media/online/2016/04/17/13/44/opec-april16.ashx?crop=1&w=0&h=0&




Central banks should heed market bubble warnings

Mon, 26 Jun 2017 21:01:03 +08:00

LONDON: If central banks have learned anything from the Great Financial Crisis, the worst since the 1930s, it is that you don't need runaway inflation to raise interest rates. Financial market bubbles should be enough.The Bank for International Settlements warned on Sunday that policymakers should press ahead with the "great unwinding" of post-crisis stimulus


Media Files:
http://www.thestar.com.my/~/media/online/2017/06/26/13/05/bank-for-international-settlements2.ashx?crop=1&w=0&h=0&




Russian billionaire Fridman to buy Holland & Barrett for US$2.3b

Mon, 26 Jun 2017 20:50:57 +08:00

LONDON: Russian billionaire Mikhail Fridman's L1 Retail has agreed to buy Britain's Holland & Barrett for 1.77 billion pounds ($2.26 billion) in its first acquisition, betting on continued growth and expansion abroad for the health foods chain.Russian billionaire Mikhail Fridman's L1 Retail has agreed to buy Britain's Holland & Barrett for 1.77 billion pounds ($2.26 billion).


Media Files:
http://www.thestar.com.my/~/media/online/2017/06/26/12/55/mikhail-fridman4.ashx?crop=1&w=0&h=0&




Time Inc, Barclays to launch Fortune 500 stock indices

Mon, 26 Jun 2017 20:41:18 +08:00

NEW YORK: Time Inc said Monday it will license its Fortune brand for stock indexes based on the Fortune 500 in a new partnership with Barclays PLC in an effort to diversify Time's revenue into the growing index-investing business.


Media Files:
http://www.thestar.com.my/~/media/online/2017/06/26/12/47/barclays-reuters.ashx?crop=1&w=0&h=0&




'Pharma bro' Martin Shkreli heads into fraud trial

Mon, 26 Jun 2017 20:36:08 +08:00

NEW YORK: Martin Shkreli, the pharmaceutical entrepreneur vilified as the "pharma bro" for raising the price of a life-saving drug by 5,000 percent, will go on trial on Monday for what U.S. prosecutors called a Ponzi-like scheme at his former hedge fund and a drug company he once ran. Martin Shkreli will go on trial on Monday for what U.S. prosecutors called a Ponzi-like scheme at his former hedge fund and a drug company he once ran.


Media Files:
http://www.thestar.com.my/~/media/online/2015/12/18/02/51/martin-shkrelipturing.ashx?crop=1&w=0&h=0&




Western Digital rejects SK Hynix involvement in Toshiba chip unit sale

Mon, 26 Jun 2017 20:29:57 +08:00

TOKYO: Western Digital Corp has told Toshiba Corp that it will not agree to a sale of the Japanese conglomerate's prized memory chip unit to a preferred bidding consortium that includes rival chipmaker SK Hynix Inc. Western Digital, which jointly runs Toshiba's main semiconductor plant, has been feuding bitterly with its Japanese partner over the $18 billion sale.


Media Files:
http://www.thestar.com.my/~/media/online/2017/06/26/12/32/western-digital-reuters.ashx?crop=1&w=0&h=0&




Investing with 'green' ratings? It's a gray area

Mon, 26 Jun 2017 13:05:59 +08:00

BOSTON/NEW YORK: Investors betting trillions on ethically-appealing stocks may not be getting all they expect.The case of Tesla shows how ratings can reflect differences in approach rather than any flaws in analysis or data.


Media Files:
http://www.thestar.com.my/~/media/online/2017/05/03/07/50/tesla.ashx?crop=1&w=0&h=0&




Some banks risk US$240m research loss as MiFID gives low-cost players a leg-up

Mon, 26 Jun 2017 13:01:59 +08:00

HONG KONG: Some global investment banks risk losing up to $240 million in business by 2020 as a regulatory overhaul, which will change the way securities research is priced and used, makes independent firms more attractive for clients, a financial consultancy said.


Media Files:
http://www.thestar.com.my/~/media/online/2016/08/24/08/38/hongkong-stock-exchange.ashx?crop=1&w=0&h=0&




China blue-chips hit 18-month high on MSCI inclusion hopes; HK also up

Mon, 26 Jun 2017 12:55:54 +08:00

SHANGHAI: China stocks rose on Monday morning, led by the blue-chip index advancing to a record high since 2016, after the MSCI chief said the index provider could raise its weighting of China A-shares.


Media Files:
http://www.thestar.com.my/~/media/online/2017/06/26/04/59/china-market-june2017.ashx?crop=1&w=0&h=0&




Mongolia economy, graft in spotlight as voters elect president

Mon, 26 Jun 2017 11:18:08 +08:00

ULAANBAATAR: Polling stations opened throughout Mongolia's cities, townships and prairies on Monday as nearly two million residents were asked to choose a new president amid worries about corruption and the state of the resource-dominated economy.Election officials deliver a ballot box and a mobile voting booth to a private house for remote voting in the upcoming presidential election in Zuunmod, Tuv Aimag, Mongolia, June 25, 2017. - Reuters


Media Files:
http://www.thestar.com.my/~/media/online/2017/06/26/03/22/mogolia-eleconomy.ashx?crop=1&w=0&h=0&