Category: Business

Foreign funds turn net sellers

KUALA LUMPUR: International investors turned net sellers on Bursa Malaysia last week, offloaded RM79.4 million worth of local equities between Sept 17 to 19, in

US fund managers gird for long trade war

NEW YORK: A profit warning and muted outlook from package delivery company FedEx Corp is prompting some high-profile fund managers to prepare for the trade

China’s Shanghai free trade zone falters

SHANGHAI/BEIJING: When China launched the expansion of the Shanghai free trade zone (FTZ) recently and announced six new FTZs in July, officials touted the efforts

Citigroup woos start-ups for growth

NEW YORK: At an event hosted by Citigroup Inc this month, its dealmakers sat executives from major consumer-product companies alongside rivals trying to disrupt their