Money

  • Lufthansa secures €9b German state rescue deal, say airline, government

    5 hours ago

    Lufthansa secures €9b German state rescue deal, say airline, government

  • China warns US of countermeasures over Hong Kong trading threats

    10 hours ago

    China warns US of countermeasures over Hong Kong trading threats

  • EU’s Von der Leyen to begin ‘trillion-euro’ recovery battle

    7 hours ago

    EU’s Von der Leyen to begin ‘trillion-euro’ recovery battle

  • Top German court grants buybacks for VW diesel car owners

    10 hours ago

    Top German court grants buybacks for VW diesel car owners

  • France promises ‘significant’ pay hikes for health workers

    5 hours ago

    France promises ‘significant’ pay hikes for health workers

  • Japan lifts Tokyo’s state of emergency, eyes fresh stimulus

    10 hours ago

    Japan lifts Tokyo’s state of emergency, eyes fresh stimulus

  • Australian economy must come off Covid-19 ‘life support’, PM to say

    8 hours ago

    Australian economy must come off Covid-19 ‘life support’, PM to say

  • Iranian fuel tanker docks in Venezuelan port, more underway

    6 hours ago

    Iranian fuel tanker docks in Venezuelan port, more underway

  • French carmaker Renault could close plants and cut jobs, says union

    6 hours ago

    French carmaker Renault could close plants and cut jobs, says union

  • Mexico can benefit from Chinese economic slowdown, Lopez Obrador says

    7 hours ago

    Mexico can benefit from Chinese economic slowdown, Lopez Obrador says

  • Lufthansa state rescue deal agreed in principle, say sources

    10 hours ago

    Lufthansa state rescue deal agreed in principle, say sources

  • Germany mulls €50,000 a month for stricken firms

    7 hours ago

    Germany mulls €50,000 a month for stricken firms

  • Hong Kong stocks close slightly higher

    12 hours ago

    Hong Kong stocks close slightly higher

  • Cambodia bourse sees first bank listing

    11 hours ago

    Cambodia bourse sees first bank listing

Our Picks in Money

  • Facebook, Amazon chiefs see wealth balloon

    18 hours ago

    Facebook, Amazon chiefs see wealth balloon

  • Bank Rakyat's moratorium on RM6b repayments

    19 hours ago

    Bank Rakyat's moratorium on RM6b repayments

  • Credit Suisse: More to work from home post-Covid-19

    19 hours ago

    Credit Suisse: More to work from home post-Covid-19

  • Hertz files for US bankruptcy

    19 hours ago

    Hertz files for US bankruptcy

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More News

  • Top German court to rule on VW ‘Dieselgate’ compensation

    12 hours ago

    Top German court to rule on VW ‘Dieselgate’ compensation

    FRANKFURT AM MAIN, May 25 — Almost five years after Volkswagen’s admission to cheating on emissions tests involving millions of diesel engined cars, a top German court will...

  • Russia’s Aeroflot reports 95pc April passenger drop

    11 hours ago

    Russia’s Aeroflot reports 95pc April passenger drop

    MOSCOW, May 25 — Russia’s biggest carrier Aeroflot today said it registered a 95 per cent drop in passengers in April compared to last year, as the coronavirus ground travel...

  • Taiwan considers revoking Hong Kong’s special status on law fears

    12 hours ago

    Taiwan considers revoking Hong Kong’s special status on law fears

    TAIPEI, May 25 — China’s planned national security law may prompt Taiwan to revoke the special status it extends to Hong Kong, President Tsai Ing-wen said, a move that could...

  • Bayer shares jump on report of Roundup settlement

    11 hours ago

    Bayer shares jump on report of Roundup settlement

    FRANKFURT AM MAIN, May 25 — Shares in German chemical giant Bayer rose sharply today after reports it was close to a mass deal with American plaintiffs who say their cancers...

  • Slump in consumption, exports push Germany into recession in Q1

    13 hours ago

    Slump in consumption, exports push Germany into recession in Q1

    BERLIN, May 25 — A slump in capital investments, private consumption and exports pushed the German economy into a recession in the first quarter, detailed data showed today,...

  • China firmly opposes latest US sanctions against Chinese firms over Xinjiang

    13 hours ago

    China firmly opposes latest US sanctions against Chinese firms over Xinjiang

    BEIJING, May 25 — China’s foreign ministry says it deplores and firmly opposes the latest US sanctions against Chinese firms over Xinjiang, adding that it is purely China’s...

  • Asia stocks mostly up on lockdown easing but Hong Kong extends losses

    17 hours ago

    Asia stocks mostly up on lockdown easing but Hong Kong extends losses

    HONG KONG, May 25 — Most Asian markets rose today as a further opening up of economies from lockdown offset worries over worsening China-US tensions, while Hong Kong sank again...

  • Moody’s: Pressure keeps rising for Apac companies as coronavirus impact becomes clearer

    16 hours ago

    Moody’s: Pressure keeps rising for Apac companies as coronavirus impact becomes clearer

    KUALA LUMPUR, May 25 — Moody’s Investors Service said about 22 per cent of 476 rated non-financial companies in Asia Pacific (Apac) have high exposure to coronavirus...

  • Dollar edges higher as Hong Kong tensions fuel safe-haven demand

    20 hours ago

    Dollar edges higher as Hong Kong tensions fuel safe-haven demand

    TOKYO, May 25 — The dollar edged higher today as worries about a standoff between the United States and China over civil liberties in Hong Kong fuelled demand for safe-haven...

  • UK’s Sunak authorises bailout plan to rescue strategically important companies

    21 hours ago

    UK’s Sunak authorises bailout plan to rescue strategically important companies

    LONDON, May 25 — British Finance Minister Rishi Sunak has authorised a bailout plan to rescue companies that are seen as strategically important, with the Treasury saying it may...

  • Nikkei: Japan eyes fresh stimulus plan worth over US$929b to battle pandemic

    21 hours ago

    Nikkei: Japan eyes fresh stimulus plan worth over US$929b to battle pandemic

    TOKYO, May 25 — Japan is considering a fresh stimulus package worth over US$929 billion (RM4.05 trillion) that will consist mostly of financial aid programmes for companies hit...

  • Hard times for Boeing, long a symbol of American might

    21 hours ago

    Hard times for Boeing, long a symbol of American might

    NEW YORK, May 25 — Faced with the calamitous fallout from the coronavirus on airline customers and the broader economy, Boeing found itself in an unfamiliar and uncomfortable...

  • White House economist sees double digit jobless rate through US elections

    1 day ago

    White House economist sees double digit jobless rate through US elections

    WASHINGTON, May 24 — US unemployment is likely to remain in double digits as Americans go to the polls in November, a top White House economic adviser said today. Kevin Hassett...

  • Renault must stop developing capacity abroad in exchange for state support, says minister

    1 day ago

    Renault must stop developing capacity abroad in exchange for state support, says minister

    PARIS, May 24 — French Environment Minister Elisabeth Borne said today the French government wants Renault to stop developing production capacity abroad in exchange for state...

  • French minister: Air France must slash domestic traffic in exchange for state guarantees

    1 day ago

    French minister: Air France must slash domestic traffic in exchange for state guarantees

    PARIS, May 24 — Air France will have to “drastically” reduce its domestic air traffic in exchange for state loan guarantees, French Environment Minister Elisabeth Borne said...

  • Xi says China could have set GDP growth goal around 6pc had there been no coronavirus

    1 day ago

    Xi says China could have set GDP growth goal around 6pc had there been no coronavirus

    BEIJING, May 24 — Chinese President Xi Jinping said China’s annual economic growth target could have been set around 6 per cent had the new coronavirus epidemic not happened,...

  • Lufthansa to resume flights to 20 destinations from mid-June

    1 day ago

    Lufthansa to resume flights to 20 destinations from mid-June

    FRANKFURT, May 24 — Lufthansa, which is in talks with the German government over a €9 billion (RM42.7 billion) bailout, will resume flights to 20 destinations from mid-June,...

  • After Ghosn and Covid-19, Renault and Nissan weigh future

    1 day ago

    After Ghosn and Covid-19, Renault and Nissan weigh future

    PARIS, May 24 — For automakers Renault and Nissan, the world is currently a very different place to what it had been just a few short months ago. In 2017 and 2018, the...

  • Net foreign fund outflow eases to RM394.3m this week

    1 day ago

    Net foreign fund outflow eases to RM394.3m this week

    KUALA LUMPUR, May 24 — Foreign investors continued to exit Bursa Malaysia for the May 18-21 period, recording a total net outflow of RM394.34 million, as the country...