Companies

Weakening China, Euro turmoil to hit Asian firms

Asian businesses will be challenged this year as a result of the impact of the worsening political situation in some European countries and China’s weakening economy, the outcome of the annual outlook and risk conference of a credit insurance firm indicated.

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Bull run still on; index marks 19th record close

The bourse index surged to a fresh all-time high last Friday, its 19th record for this year, on the back of good earnings reports and tracking the uptrend in the United States market.

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New port operations lift ICTSI profit 6% to $182M

Listed International Container Terminal Services Inc. (ICTSI) reported a consolidated profit of $182 million, up six percent from the $172.4 million profit a year ago.

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