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Money
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Bursa Malaysia remains easier at mid-morning
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Fitch unit sees Putrajaya struggling to find private funding for Budget 2020’s infra plans
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Report: Legoland Malaysia Resort stays the course as Hello Kitty bids farewell
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Vietnam among rising stars of global trade, says Standard Chartered
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Trump claims a victory in China trade war, but US farmers want details
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Ringgit unchanged at opening
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Bursa Malaysia opens easier
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Asian stocks make cautious gains ahead of key Brexit summit
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Dollar loses steam vs yen as trade deal, Brexit hopes face reality check
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No choice but to invest in oil, says Shell CEO
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In new headache, WeWork says it found cancer-causing chemical in its phone booths
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US stocks pause on unsettled trade deal; earnings eyed
NEW YORK, Oct 15 — Wall Street edged lower yesterday as uncertainties following recent US-China trade negotiations clouded sentiment and investors turned their focus on the...
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Stocks meander on caution over trade talks, dollar gains
NEW YORK, Oct 15 — The US dollar gained yesterday as optimism ebbed over a potential US-China trade deal that President Donald Trump outlined last week, while a gauge of global...
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Facebook’s Libra announces board as support shrinks further
LONDON, Oct 15 — Backers of Facebook Inc’s Libra cryptocurrency project pledged to forge ahead after selecting a five-member board yesterday, shrugging off the latest member...
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Russia, Saudi Arabia seal key oil deal
RIYADH, Oct 14 — Energy superpowers Saudi Arabia and Russia today signed a key deal to bolster cooperation among the world’s oil giants, as visiting President Vladimir Putin...
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Wall Street flat as US-China trade deal optimism fades
NEW YORK, Oct 14 — US stocks halted a three-day winning streak today, as oil prices dived 2 per cent and rising doubts over how quickly a partial US-China trade deal announced...
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Are US-Chinese tariffs on almost everything the ‘new normal’?
WASHINGTON, Oct 14 — US President Donald Trump called his Phase 1 trade deal with China “by far, the greatest and biggest deal ever made,” even though nothing was agreed on...
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UK to expand powers to block foreign takeover deals
LONDON, Oct 14 — Britain plans to strengthen its powers to block or intervene in the foreign purchase of any company that could affect national security, it said today....
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EU will fight ‘until last hour’ to stall US Airbus tariffs
BRUSSELS, Oct 14 — The EU’s top trade official today said Europe would fight until the very last moment to dissuade the United States from imposing tariffs in retaliation for...
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Pound resumes drop at start of key Brexit week
LONDON, Oct 14 — The British pound slid against the euro and dollar today, the start of a pivotal week for Britain and the European Union to strike a Brexit deal. European...
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Facebook’s Libra faces support test after payment giants jump ship
LONDON, Oct 14 — Facebook’s Libra cryptocurrency faces a pivotal meeting of backers today, days after the ambitious project to bring digital coins into mainstream commerce...
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Ringgit ends lower against stronger greenback
KUALA LUMPUR, Oct 14 — The ringgit ended lower today on the back of stronger greenback following positive reaction in the US-China trade tension talks. At 6pm, the ringgit was...
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South African Airways in talks with potential partners
LONDON, Oct 14 — South Africa’s embattled state-owned airline is open to outside investment and in talks with a number of potential partners, President Cyril Ramaphosa said...
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Russia says no talks underway to change oil output deal
RIYADH, Oct 14 — Russian Energy Minister Alexander Novak said today there were no talks underway to change the global output deal under which Opec and non-Opec oil-producing...
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Struggling WeWork mulls bailout deals with SoftBank, JP Morgan
TOKYO, Oct 14 — Under-pressure start-up WeWork is considering two huge bailout plans including a cash injection that could see Japanese investment titan SoftBank take control of...
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Bursa Malaysia ends on firm note across the board
KUALA LUMPUR, Oct 14 — Bursa Malaysia ended on a firm note across the board, tracking the gains on regional bourses, amid optimism on the latest round of the US-China trade...
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European stocks turn down after Brexit, trade-driven rally
BERLIN, Oct 14 — A three-day rally in European shares halted today as investors assessed the scale of progress from Friday’s US-China trade talks and worried that a Brexit...
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WTO gives final approval to US retaliation in Airbus case
GENEVA, Oct 14 — The World Trade Organisation today gave the United States final authorisation to impose tariffs on EU products in retaliation for illegal subsidies given to...
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Asian markets rally after China, US reach partial trade deal
HONG KONG, Oct 14 — Asian investors today cheered a partial trade deal between China and the United States, sending regional markets rallying, though observers were sceptical...
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Carlsberg Malaysia appoints Stefano Clini as new managing director
KUALA LUMPUR, Oct 14 — Carlsberg Brewery Malaysia Berhad has appointed a new managing director Stefano Clini to replace Ted Akiskalos in managing its Malaysian and Singaporean...