European stocks are expected to open higher on Monday morning as investors focus on two upcoming monetary policy meetings. The FTSE 100 is seen 29 points higher at 7,422; the German DAX is set to start up by 19 points at 13,182 and the CAC 40 is seen up by 9 points at 5,410, according […]
Read moreNew Zealand’s government on Monday named pension fund chief Adrian Orr as the new governor of the nation’s central bank, triggering a rally in the local dollar as markets prepared for changes to the monetary policy mandate. Orr will take up the role at the Reserve Bank of New Zealand (RBNZ) on March 27, Finance […]
Read moreGermany‘s intelligence service has published the details of social network profiles which it says are fronts faked by Chinese intelligence to gather personal information about German officials and politicians. The BfV domestic intelligence service took the unusual step of naming individual profiles it says are fake and fake organizations to warn public officials about the […]
Read moreJapanese instant noodle maker Nissin Foods is unfazed by the shift in China’s consumption patterns towards healthier eating as it eyes a bigger share of one of the world’s largest consumer markets. The company plans to dominate the tough Chinese market by focusing on the premium segment, its chairman, chief executive and executive director, Kiyotaka […]
Read moreIt’s an 80-square-foot kitchen that barely holds three people at a time, but Jasmina has made thousands of meals, many of them aromatic Rohingya curries, there over the last year. The cooking is a sorely needed source of income, about 2,000 Malaysian ringgit ($490) each month, for the 43-year-old mother of eight, as she is […]
Read moreMalaysia is ready to send military forces to Jerusalem in response to President Donald Trump’s recognition of the city as Israel’s capital, the Southeast Asian country’s defense minister said over the weekend. “We are ready for any orders from the Commander-in-Chief of the Armed Forces … should our services be needed,” Malaysian Defense Minister Hishammuddin […]
Read moreSouth Korea’s Samsung Heavy Industries named Joonou Nam as its new chief executive officer on Monday after Park Dae-young resigned to take responsibility for the firm’s losses. Nam previously oversaw Samsung Heavy’s shipyard in Geoje, South Korea. The shipbuilder last Wednesday forecast a fourth straight year of operating losses and announced a rights issue to […]
Read morePrices of natural rubber, used in everything from condoms to automobile tires, are languishing near record lows and causing headaches for farmers. The commodity is a staple in industrial supply chains but prices, which are determined primarily by the Shanghai Futures Exchange, have been volatile in recent years. After hitting rock bottom in early 2016 […]
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