Sun03262017

LAST_UPDATESun, 26 Mar 2017 11am

BOJ's Kuroda Says Won't Raise Bond Yield Targets Now

Pic: ReutersBank of Japan Governor Haruhiko Kuroda said on Friday he does not expect the central bank to raise its bond yield targets now, and will look at underlying trend inflation in guiding monetary policy.

Read more: BOJ's Kuroda Says Won't Raise Bond Yield Targets Now

Canada Trade Agency Picks Singapore For Asia Gateway As TPP Flounders

Pic: Reuters

Canada's trade finance agency is launching its first global branch in Singapore as the country steps up efforts to boost business ties with Asia following the withdrawal of the United States from the Trans-Pacific Partnership (TPP) trade deal.

Read more: Canada Trade Agency Picks Singapore For Asia Gateway As TPP Flounders

Samsung Elec Signals No Holding Company Move For Now

Pic: Reuters

Samsung Electronics Co Ltd (005930.KS) said on Friday it will be difficult to adopt a holding company structure at this time, rejecting U.S. activist hedge fund Elliott Management's proposal and ruling out for now a long-anticipated succession move.

Read more: Samsung Elec Signals No Holding Company Move For Now

South Korea Says Can't Rule Out U.S. Branding It A Currency Manipulator

Pic: Reuters

South Korea's finance minister said on Friday the possibility of the United States branding South Korea a currency manipulator could not be ruled out, if the United States changes its criteria.

Read more: South Korea Says Can't Rule Out U.S. Branding It A Currency Manipulator

South Korea To Boost Communication With U.S., Examine China Measures: Finance Minister

Pic: Reuters

South Korea plans to actively explain Seoul's policies regarding trade and foreign exchange rates to the U.S. Donald Trump administration, the country's finance minister said on Friday.

Read more: South Korea To Boost Communication With U.S., Examine China Measures: Finance Minister

Digital Free Trade Zone Seen As Boon For MAHB, Pos Malaysia

PETALING JAYA: Analysts foresee transport and logistics companies Malaysia Airports Holdings (MAHB) and Pos Malaysia Bhd to be major beneficiaries of the implementation of the Digital Free Trade Zone (DFTZ).

Read more: Digital Free Trade Zone Seen As Boon For MAHB, Pos Malaysia

Amazon.Com Wins $1.5 Billion Tax Dispute Over IRS

Amazon.com Inc on Thursday won a more than $1.5 billion tax dispute with the Internal Revenue Service over transactions involving a Luxembourg unit more than a decade ago.

Read more: Amazon.Com Wins $1.5 Billion Tax Dispute Over IRS

RM3.7 Billion Deals Sealed At LIMA

Pic: The Sun Daily

LANGKAWI: The Ministry of Defence today witnessed the signing of contracts and other documents worth more than RM3.7 billion at the Langkawi International Maritime and Aerospace (Lima) exhibition.

Read more: RM3.7 Billion Deals Sealed At LIMA

BHIC Associate Bags RM1.17 Bln Contract To Build Ships For Navy

KUALA LUMPUR -- Boustead Heavy Industries Corp Bhd's (BHIC) associate company, Boustead Naval Shipyard Sdn Bhd (BNS), has received a RM1.17 billion contract from the Malaysian government to build four units of littoral mission ships for the Royal Malaysian Navy.

Read more: BHIC Associate Bags RM1.17 Bln Contract To Build Ships For Navy

Malaysia, Egypt To Strengthen Economic Ties - Matrade

KUALA LUMPUR -- Malaysia and Egypt are striving to strengthen their economic ties following positive signs from reforms undertaken by the Egyptian authorities.

Read more: Malaysia, Egypt To Strengthen Economic Ties - Matrade