KUALA LUMPUR, Oct 1- Following is a table of Kuala Lumpur tin market prices provided by a Malaysian trader. Date KL Premium/ Spot Bid Offer Final Volumes* Oct 1 21,600 41 18 28 175 Sept 28 21,500 121 15 21 685* Shipping to Europe. #E, J and M signify purchases by European, Japanese, and Malaysian buyers.
The Obama administration plans to file a broad trade case at the World Trade Organization in Geneva on Monday accusing China of unfairly subsidizing its exports of autos and auto parts, a senior administration official said late Sunday, in a move with clear political implications for the presidential elections less than two months away.
As Apple prepares to unveil the latest iPhone this week, the company’s manufacturing partner in China, Foxconn Technology, is coming under renewed criticism over labor practices after reports that vocational students were being compelled to work at plants making iPhones and their components. The NYT reports.
As evidence has mounted that the economy is slowing, Beijing has kept the world on tenterhooks, delivering none of the big stimulus measures many analysts have predicted.
Malaysia is marking itself out as the IPO destination to beat this year with a string of billion-dollar-plus deals. Impressive, for sure, but don’t take the booming IPO market as a sign that Malaysia is poised to become a regional financial hub, experts say.
Think Asian currencies are primed to rise? Think again.
Singaporean Deepak Gurnani has spent the past couple of years trying to recover an investment gone wrong in Malaysia. The 51-year-old businessman spent $66,000 on a property in the popular beach destination Port Dickson, Malaysia in 1993. It functioned as a fuss-free home away from home until two years ago, when the developer defaulted on the payment of the property’s maintenance fees.
Malaysia is set to vault ahead of Hong Kong as Asia’s largest market for international initial public offerings with the planned flotation of shares in two massive government-linked companies defying a gloomy global listings environment. The FT reports.
A recent survey of 2,800 millionaires across the region, conducted by Scorpio Partnership, a global wealth-management consultancy, shows that high net worth individuals, especially those living in India and Indonesia, are the happiest, and most optimistic about growing their fortune.
Many Japanese have a sense that their country has outgrown an economic template based on constructing commodity goods, but they disagree over what should replace it. The New York Times reports.
Tony Nash, Managing Director, IHS Global Services reveals which countries & industries are dipping their toes into the Myanmar market.
Smaller G20 currencies have outperformed the big four all year, and this strategist sees the trend continuing.
NY Times reports that Mr. Putin, who grew up in a hardscrabble Soviet housing block, has spent more than a decade in a byzantine world of petitioners and servants. Now, in the year he turns 60, he will face his biggest challenge: coming to grips with a society that has greatly changed under his watch, while he has remained essentially the same.
Worries over the European debt crisis, a slow recovery in the U.S. and fears over a "hard landing" for China’s economy have left global investors searching for new markets to put their money in. What are the countries with the best prospects for growth?
Malaysian palm oil exporters have stopped supplying most of the 30,000 metric tons of the food staple Iran used to buy each month from the Southeast Asian producer as fresh Western financial curbs on Tehran stymie payment procedures, two trading sources said.
Vessels bought during the global commodity boom are only now being delivered, putting pressure on the European banks that financed the purchases. The New York Times reports.
Following his acquittal, Anwar Ibrahim, Malaysia's Opposition Leader talks about the need for reforms in Malaysia.
International Living just released its Retirement Index for 2012, which determines foreign destinations offering retirees a high standard of living at a low price. CNBC.com highlights 10 of them.
By several measures, Asian currencies are bargains - but be careful.
All things considered, the best spots to launch a startup have a humming local economy, and attract the most venture capital.