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Gold allure returns
SPECULATORS boosted bullish gold bets to a three-month high on signs central banks will act to counter low inflation, reviving the allure of bullion as…
View More Gold allure returnsDigital ad spending to hit US$163b
NEW YORK: Global spending on digital advertising is forecast to increase 15 per cent next year, buoyed by mobile and social media campaigns, and is…
View More Digital ad spending to hit US$163bKuwait plans US$7b heavy oil fields
KUWAIT CITY: Kuwait, the third-largest producer in the Organisation of Petroleum Exporting Countries, plans to spend about US$7 billion (RM24 billion) to develop heavy oil…
View More Kuwait plans US$7b heavy oil fieldsSpore licence for Buffetts firm
SEATTLE: Berkshire Hathaway Incs specialty business-insurance unit received a licence to sell non-life coverage in Singapore as it makes a push into Asia. To continue…
View More Spore licence for Buffetts firmIndonesia moves to rescue rupiah
INDONESIA central bank said yesterday it is conducting œmeasured intervention in foreign exchange markets, after the rupiah fell to its lowest level against the United…
View More Indonesia moves to rescue rupiahChinas Nov imports shrink unexpectedly
BEIJING: Chinas imports shrank unexpectedly in November while export growth slowed, fuelling concerns the worlds second-largest economy could be facing a sharper slowdown and adding…
View More Chinas Nov imports shrink unexpectedlyQantas expects profit to rebound on cost cuts
SYDNEY: Shares in the so-called ˜Flying Kangaroo surged more than 16 per cent as the airline said it expected further gains from its turnaround strategy…
View More Qantas expects profit to rebound on cost cutsTemasek to buy stake in Virtu Financial
SINGAPORE: Temasek Holdings Pte has agreed to acquire a stake in Virtu Financial after the United States high-speed trading firm postponed plans for an initial…
View More Temasek to buy stake in Virtu Financial2,500-year-old Egyptian mummy coffin opened
CHICAGO: Once the lid was off the wood coffin holding the 2,500-year-old mummified remains of a 14-year-old Egyptian boy, scientist J.P. Brown could relax. To…
View More 2,500-year-old Egyptian mummy coffin opened