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Selamat Hari Raya

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July 9, 2015
microsoft

WASHINGTON: Microsoft announced plans Wednesday to cut 7,800 jobs and write down the value of its struggling mobile phone... More ››

July 8, 2015
oil-asia

SINGAPORE: Oil prices fell in Asia Wednesday on fears about Greece’s future in the eurozone days ahead of a... More ››

July 8, 2015
alibaba

SINGAPORE: Chinese e-commerce giant Alibaba Group Holding Ltd is investing about S$279 million ($205.98 million) to expand its holdings... More ››

July 8, 2015
Indonesia-AirAsia-A320

PT Indonesia AirAsia had received a letter from the transport ministry on the positive equity requirement, AirAsia said in... More ››

July 8, 2015
UPDATED
air-asia

The move by Indonesia's transport ministry comes in the wake of questions raised by a Hong Kong research firm... More ››

July 8, 2015
bnm

The ringgit closed at 3.8060 on Tuesday, helped off a low of 3.8100 by the heaviest day for intervention... More ››

July 8, 2015
tesco

KUALA LUMPUR: Japan’s Aeon Co Ltd is interested in buying the Malaysian operations of Britain’s Tesco PLC, valued at... More ››

July 7, 2015
china-stock

SHANGHAI: Chinese stocks fell on Tuesday, taking little comfort from a slew of support measures unleashed by Beijing in... More ››

July 7, 2015
oil-prices-drop-as-iea-sees

SINGAPORE: Oil rebounded in Asia Tuesday on bargain-hunting after prices plunged a day earlier as Greek defiance against austerity... More ››

July 7, 2015
fgv-eagle-high

That deal was slated as being too expensive by analysts and politically motivated by opposition lawmakers, and Felda shares... More ››

July 7, 2015
IMF

WASHINGTON: Hated in Athens and brushed off by the Europeans, the International Monetary Fund approaches the next round of... More ››

July 7, 2015
moodys--621x414

Developments related to 1MDB would affect the country's A3rating only if they materially affected the trend of fiscal consolidation... More ››

July 7, 2015
ECB

FRANKFURT: The European Central Bank on Monday decided to maintain the emergency liquidity assistance (ELA) lifeline to Greek banks,... More ››

July 7, 2015
boeing

NEW YORK: US aerospace giant Boeing delivered 381 commercial aircraft in the first half of 2015, keeping it on... More ››

July 7, 2015
TPP-map

The deal will have long-term implications for Pacific Rim companies, and for competitors in countries that are late to... More ››

July 6, 2015
Yanis-Varoufakis

ATHENS: Greece’s outspoken finance minister resigned on Monday, removing a major obstacle to any deal to keep Athens in... More ››

July 6, 2015
malboro

JAKARTA: US cigarette giant Philip Morris International Inc plans to sell a stake worth at least $1 billion in... More ››

July 6, 2015
Ringgit

KUALA LUMPUR: Malaysia’s ringgit hit a 16-year low Monday on growing political uncertainty following allegations that a probe into... More ››

July 6, 2015
britain-banks

LONDON: Britain’s banks have called upon the government to phase out the bank levy, saying it is damaging the... More ››

July 6, 2015
china-stock-exchange

BEIJING: China’s stock markets face a make-or-break week after officials rolled out an unprecedented series of steps at the... More ››

July 4, 2015
bakrie-telecom

JAKARTA: Indonesia’s communications ministry has appealed to the country’s Supreme Court against PT Bakrie Telecom Tbk’s debt restructuring, a... More ››

July 4, 2015
new-drachma

LONDON: If a ‘No’ in Sunday’s referendum eventually takes Greece out of Europe’s single currency, any “new drachma” or... More ››

July 4, 2015
credit-suisse

ZURICH: Newly appointed Credit Suisse AG Chief Executive Tidjane Thiam, in an interview with the Financial Times, promised a... More ››

July 4, 2015
ECB

VILNIUS: European Central Bank Vice President Vitor Constancio signaled on Friday that the ECB could loosen funding to Greek... More ››

July 4, 2015
Aetna

NEW YORK: Health insurer Aetna Inc on Friday said it would buy smaller rival Humana Inc for about $37... More ››

July 3, 2015
china-stock-market

SHANGHAI: China’s market regulator has pledged to crack down on market manipulation after rumours that foreign short-sellers were behind... More ››

July 3, 2015
business-deal

JAKARTA: The chief executive of Indonesia’s Surya Semesta said on Wednesday that he was considering buying Rajawali Group’s entire... More ››

July 3, 2015
Brazil

SAO PAULO: Fifteen of the world’s largest banks are under investigation on suspicion of rigging the Brazilian currency, antitrust... More ››

July 3, 2015
canada5

MONTREAL: The Canadian economy is likely headed for recession, two major banks said Thursday, predicting a successive contraction in... More ››

July 3, 2015
Fiat

WASHINGTON: Fiat Chrysler Automobiles NV misled US auto safety regulators about recall notifications to the owners of vehicles equipped... More ››

July 3, 2015
BP-Plc

HOUSTON: BP Plc will pay up to $18.7 billion in penalties to the US government and five states to... More ››

July 2, 2015
Deloitte

WASHINGTON: Deloitte & Touche LLP will pay more than $1 million to settle charges that it violated auditor independence... More ››

July 2, 2015
bitcoin

SAN FRANCISCO: A former federal agent pleaded guilty on Wednesday to stealing bitcoins during the government’s investigation of Silk... More ››

July 2, 2015
PayPal

SAN FRANCISCO: PayPal Inc said it would buy digital money transfer provider Xoom Corp for $890 million as it... More ››

July 2, 2015
ecb_frankfurt

ATHENS: The European Central Bank’s governing council on Wednesday decided not to increase the liquidity lifeline to cash-strapped Greek... More ››

July 2, 2015
sony

First Flight is Sony’s new crowdfunding and e-commerce platform designed to raise money for projects designed by Sony employees.... More ››

July 1, 2015
bursa-malaysia

KUALA LUMPUR: Credit ratings agency Fitch surprised analysts by upgrading Malaysia’s sovereign outlook to “stable” from “negative”, boosting the... More ››

July 1, 2015
greece-debt

ATHENS: Greece’s last-minute overtures to international creditors for financial aid on Tuesday were not enough to save the country... More ››

July 1, 2015
world-bank

BEIJING: The World Bank on Wednesday urged China to accelerate reform of its state-dominated financial sector, warning that failure... More ››

July 1, 2015
euro

SYDNEY: The euro remained on the defensive in Asia on Wednesday as Greece became the first developed economy to... More ››

July 1, 2015
unikrn-logo

SAN FRACISCO: Start-up Unikrn on Tuesday announced a fresh round of funding that valued the e-sports wagering company at... More ››

July 1, 2015
airbus

PARIS: Airbus inked a deal to sell up to 75 of its A330 planes to a Chinese company during... More ››

June 30, 2015
UPDATED
fgv-eagle-high

The world's third-largest palm plantation operator had said earlier it planned to pay for 30 percent of Eagle High... More ››

June 30, 2015
china

BEIJING: China will hold over a quarter of the votes in the new Asian Infrastructure Investment Bank (AIIB), its... More ››

June 30, 2015
greece

WASHINGTON: Greece could take a risky step into the unknown Tuesday if it misses, as expected, a 1.5 billion... More ››

June 30, 2015
Microsoft

SEATTLE: Microsoft Corp said on Monday it will hand over its display advertising business to AOL Inc and sell... More ››

June 30, 2015
AirAsia2

Analysts have cut AirAsia's 2015 earnings estimates by nearly 6 percent on average since June 10, with 14 out... More ››

June 30, 2015
Heinz

The leadership of Kraft Heinz Co will be dominated by former executives of H J Heinz Co after that... More ››

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