You are here

Home > Companies & Markets

Media's yuan-devaluation reports over-dramatic: Wing Tai

China move shows it is becoming more market-driven, says chairman Cheng Wai Keung; group's Q4 profit falls 19%
Fri, Aug 14, 2015 - 5:50 AM
leemx@sph.com.sg@LeeMeixianBT

Singapore

THE media have been "over-dramatic" in their doom-and-gloom reporting of the Chinese central bank's devaluation of the yuan, Wing Tai chairman Cheng Wai Keung said at the group's results briefing on Thursday.

The People's Bank of China on Tuesday surprised markets by...

sentifi.com

Market voices on:

BREAKING

Nov 19, 2019 06:30 PM
Government & Economy

Daily Debrief: What Happened Today

Stories you might have missed

Nov 19, 2019 06:16 PM
Stocks

Singapore shares fall 0.6% after negative US-China trade deal headlines

THE Straits Times Index (STI) reversed Monday’s gains, skidding 19.79 points or 0.6 per cent to close at 3,238.87...

Nov 19, 2019 05:51 PM
Stocks

Malaysia: Shares close flat on Tuesday

MALAYSIA share prices closed flat on Tuesday, with the FTSE Bursa Malaysia Kuala Lumpur Composite Index up just 0.95...

Nov 19, 2019 05:40 PM
Transport

Air Astana says plans to buy 30 Boeing 737 MAX

[DUBAI] Boeing's troubled 737 MAX aircraft won another boost Tuesday as Kazakh flag carrier Air Astana said it...

Nov 19, 2019 05:35 PM
Government & Economy

Student protesters hold out as Hong Kong leader urges peaceful resolution

[HONG KONG] Hong Kong's embattled leader

Purchase this article
subscribe to
The Business Times
Stay connected with The Business Times
premium content on your favourite platforms
CALL 6388 3838
SUBSCRIBE NOW
Download Our
Apps
Stay up to date with The Business Times for
Stay Updated
Choose which free BT newsletters to sign up for here, or get them all below:
Breakfast Brief
every morning
Daily Debrief
every evening
BT Garage
weekly