Thu05252017

LAST_UPDATEThu, 25 May 2017 6pm

Get Ready Now For Brexit, EU's Barnier Tells Business

Pic: ReutersBusinesses had better move fast to prepare for Brexit in under two years and should not count on long transition periods to cushion the impact of Britain leaving the European Union, the EU's chief negotiator said on Wednesday.

Read more: Get Ready Now For Brexit, EU's Barnier Tells Business

Japan Economy Expands At Fastest Pace In A Year In Jan-March

Pic: Reuters

TOKYO: Japan's economy expanded at the fastest pace in a year in the first quarter, government data showed on Thursday, heightening prospects of a steady recovery driven by robust global demand.

Read more: Japan Economy Expands At Fastest Pace In A Year In Jan-March

Dollar At Six-Month Low As Washington Rocked By Probe Into Trump Campaign

Pic: Reuters

TOKYO: The dollar wallowed near six-month lows against a basket of major currencies on Thursday as the U.S. political crisis appeared to deepen, and likely to delay any efforts by President Donald Trump to carry out his economic stimulus plans.

Read more: Dollar At Six-Month Low As Washington Rocked By Probe Into Trump Campaign

Direct KT-JB Flight From June 22

KUALA TERENGGANU - The Terengganu government, in collaboration with budget airline AirAsia has signed a Memorandum of Agreement (MOA) to start the Kuala Terengganu-Johor Baharu route on June 22.

Read more: Direct KT-JB Flight From June 22

How China Is Upstaging America

Can you think of a grand American plan to build something momentous, similar to the interstate highway system or the NASA moonshot?

Read more: How China Is Upstaging America

Western Banks Eclipsed By China's Along The New Silk Road

For global banks, China's new "Silk Road" is a tantalising concept: billions of dollars in deals, loans and advisory fees, and a cozier relationship with Beijing for those who step up.

Read more: Western Banks Eclipsed By China's Along The New Silk Road

Concerns Over Trump Dent Global Stocks, Dollar

Concern that U.S. President Donald Trump's reform agenda could be slowed down, and that Trump himself could even face the threat of impeachment, added to disappointing U.S. economic data on Wednesday to hit the dollar and spur a pullback in richly valued stocks.

Read more: Concerns Over Trump Dent Global Stocks, Dollar

Ford To Cut 1,400 White-Collar Jobs In North America, Asia

Ford Motor Co (F.N) said on Wednesday it plans to cut 1,400 salaried jobs in North America and Asia through voluntary early retirement and other financial incentives as the No. 2 U.S. automaker looks to boost its sagging stock price.

Read more: Ford To Cut 1,400 White-Collar Jobs In North America, Asia

Change To Stay Ahead, Says LIAM

Gan Leong Hin.

GENTING HIGHLAND -- Life insurance professionals and financial advisors should constantly change and adapt to stay ahead, says Life Insurance Association of Malaysia (LIAM) Management Committee Member Gan Leong Hin.

Read more: Change To Stay Ahead, Says LIAM

Stress In Japanese Corporate Bonds Seen As A Sign Of Things To Come

Pic: ReutersTOKYO: Yields are rising in Japan's tiny corporate bond market as traders pre-emptively brace for the Bank of Japan to stop being buyer of last resort, making this market a microcosm of wider fears over the end of Japan's four-year-long stimulus policy.

Read more: Stress In Japanese Corporate Bonds Seen As A Sign Of Things To Come