Money

  • US judge approves settlement between SEC, Tesla and Musk

    2 hours ago

    US judge approves settlement between SEC, Tesla and Musk

    NEW YORK, Oct 16 — A US judge today approved the settlement between the Securities and Exchange Commission, Tesla Inc and its Chief Executive Officer Elon Musk. Musk agreed to...

  • US stocks rally after strong earnings

    3 hours ago

    US stocks rally after strong earnings

    NEW YORK, Oct 16 — Wall Street stocks jumped in early trading today following a batch of mostly good earnings that helped investors look past recent stock market weakness. About...

  • China unveils plan for Hainan free trade zone, says effort unprecedented

    5 hours ago

    China unveils plan for Hainan free trade zone, says effort unprecedented

  • HSBC UK hit with another IT glitch

    6 hours ago

    HSBC UK hit with another IT glitch

  • Moody’s affirms AmBank ratings, stable outlook

    5 hours ago

    Moody’s affirms AmBank ratings, stable outlook

  • Ringgit ends higher on positive market sentiment

    5 hours ago

    Ringgit ends higher on positive market sentiment

  • More banking executives pull out of Saudi investment conference

    7 hours ago

    More banking executives pull out of Saudi investment conference

  • Audi fined €800m for diesel violations

    7 hours ago

    Audi fined €800m for diesel violations

  • Bursa closes higher amid Asia rebound

    7 hours ago

    Bursa closes higher amid Asia rebound

  • China prices rise as cost of food spikes

    9 hours ago

    China prices rise as cost of food spikes

  • Bursa higher at mid-afternoon

    9 hours ago

    Bursa higher at mid-afternoon

Our Picks in Money

  • Sears secures US$300m financing package

    9 hours ago

    Sears secures US$300m financing package

  • US budget deficit reaches six-year high of US$779b

    9 hours ago

    US budget deficit reaches six-year high of US$779b

  • China’s Li calls for protection of free trade

    9 hours ago

    China’s Li calls for protection of free trade

  • Jeff Bezos to boost annual investment in Blue Origin

    9 hours ago

    Jeff Bezos to boost annual investment in Blue Origin

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More News

  • US dollar edges back up, yen slips from recent month high

    10 hours ago

    US dollar edges back up, yen slips from recent month high

    SINGAPORE, Oct 16 — The US dollar edged up today after it was dented by weak US retail sales data overnight, while New Zealand's currency gained on the back of stronger than...

  • MIER predicts Malaysia’s 2018 GDP to slow to 4.7pc

    11 hours ago

    MIER predicts Malaysia’s 2018 GDP to slow to 4.7pc

    KUALA LUMPUR, Oct 16 — Malaysia’s economy is expected to grow 4.7 per cent this year compared to the 5.9 per cent rate it had last year, the Malaysian Institute of Economic...

  • Growing appetite for sustainable initiatives in Malaysia

    11 hours ago

    Growing appetite for sustainable initiatives in Malaysia

    KUALA LUMPUR, Oct 16 — Local brands are increasingly adopting policies and strategies compatible with sustainability, said Zenith Media chief executive Gerald Miranda. He was...

  • Banking sector should be more alert to crime, says banker

    10 hours ago

    Banking sector should be more alert to crime, says banker

    KUALA LUMPUR, Oct 16 — The banking sector needs to be more alert to financial crimes, as banks are the first level in identifying crimes that occur in the financial...

  • GDP likely to decrease on spending cuts, says economist

    10 hours ago

    GDP likely to decrease on spending cuts, says economist

    KUALA LUMPUR, Oct 16 — The government’s decision to cut down on spending would affect gross domestic product (GDP) in the short term, but in the longer run the country would...

  • No frisbees! China bans guns, roller skates from year's biggest trade fair

    12 hours ago

    No frisbees! China bans guns, roller skates from year's biggest trade fair

    SHANGHAI, Oct 16 — Visitors to China's biggest trade fair of the year can leave their frisbees at home. The flying disc joined kites, roller skates, bats and balls on a list of...

  • Alliance Bank shares up on positive growth outlook

    12 hours ago

    Alliance Bank shares up on positive growth outlook

    KUALA LUMPUR, Oct 16 — Alliance Bank Malaysia Bhd’s shares rose during the morning session today on a positive growth outlook. At 11.32am, the bank’s shares were up four sen...

  • Ringgit higher vs US dollar in early trade

    15 hours ago

    Ringgit higher vs US dollar in early trade

    KUALA LUMPUR, Oct 16 — The ringgit strengthened against the greenback in early trade today on better demand, amid unfavourable economic data from the United States. At 9.02 am,...

  • China's factory-gate inflation cools for third month, points to slackening demand

    13 hours ago

    China's factory-gate inflation cools for third month, points to slackening demand

    BEIJING, Oct 16 — China's factory-gate inflation cooled for a third straight month in September amid ebbing domestic demand, pointing to more pressure on the world's second...

  • Bank of America's lagging loan growth overshadows profit gains

    14 hours ago

    Bank of America's lagging loan growth overshadows profit gains

    NEW YORK, Oct 16 — Bank of America Corp's loan growth lagged rivals and fees from advising on deals and underwriting bonds fell in the third quarter, sending its share price 1.7...

  • Continued selling pushes down Bursa at opening

    15 hours ago

    Continued selling pushes down Bursa at opening

    KUALA LUMPUR, Oct 16 — Bursa Malaysia opened lower today on continued selling momentum, while tracking the weaker performance of Wall Street. At 9.15am, the benchmark FTSE Bursa...

  • China to show off its zeal to import but business awaits policies

    15 hours ago

    China to show off its zeal to import but business awaits policies

    SHANGHAI, Oct 16 — China will soon host a huge trade fair to highlight its commitment to free trade and show off its willingness to import, but sceptical foreign businesses and...

  • Asia stocks bounce modestly but Saudi tensions limit gains

    15 hours ago

    Asia stocks bounce modestly but Saudi tensions limit gains

    TOKYO, Oct 16 — Asian stocks bounced modestly today, gaining a toe-hold after a week of heavy losses, although increasing tensions between Saudi Arabia and the West fanned...

  • Italy approves deficit-hiking budget, awaits EU's verdict

    15 hours ago

    Italy approves deficit-hiking budget, awaits EU's verdict

    ROME, Oct 16 — The Italian cabinet yesterday signed off on an expansionary 2019 budget, boosting welfare spending, cutting the retirement age and hiking the deficit to set up a...

  • US bankruptcy judge approves financing to keep Sears open

    16 hours ago

    US bankruptcy judge approves financing to keep Sears open

    NEW YORK, Oct 16 — A bankruptcy judge yesterday approved US$300 million (RM1.25 billion) in financing to keep department store chain Sears Holdings Corp open through the holiday...

  • Jeff Bezos to invest more than US$1b in Blue Origin in 2019

    15 hours ago

    Jeff Bezos to invest more than US$1b in Blue Origin in 2019

    SAN FRANCISCO, Oct 16 — The world's richest man, billionaire entrepreneur and Amazon boss Jeff Bezos, said yesterday that he is planning to boost his annual investment in Blue...

  • Global FDI falls 41pc in H1 2018 after Trump tax reforms, reports UN

    18 hours ago

    Global FDI falls 41pc in H1 2018 after Trump tax reforms, reports UN

    GENEVA, Oct 16 — Global foreign direct investment (FDI) fell by 41 per cent to US$470 billion (RM1.95 trillion) in the first six months of this year, the lowest since 2005,...

  • Many US mall owners say good riddance to Sears

    18 hours ago

    Many US mall owners say good riddance to Sears

    NEW YORK, Oct 16 — The real estate investment trusts that own the malls and shopping centres where many Sears stores are anchor tenants have waited years for the retailer's...

  • Tech stocks drag down Wall St as earnings worries weigh

    18 hours ago

    Tech stocks drag down Wall St as earnings worries weigh

    NEW YORK, Oct 16 — US stocks ended lower in a choppy trading session yesterday, dragged down by technology stocks amid lingering worries over interest rates and corporate...