Trump boasts of US$50 bln investment at victory rally
FAYETTEVILLE, UNITED STATES: Donald Trump embarked Tuesday on the second leg of an unorthodox ‘victory tour,’ promising tough policies to…
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Oil firms and carmakers diverge in costly debate
LONDON: Many carmakers are predicting a significant shift to electric vehicles in the next decade. Advances in battery technology and…
Australia economy in rare contraction as spending falls
SYDNEY: Australia’s economy contracted for just the fourth quarter in 25 years, official data showed yesterday, slowing the annual growth…
SoftBank shares soar after Trump boasts of US$50 billion deal
TOKYO: SoftBank shares soared yesterday after US President-elect Donald Trump said the Japanese telecoms giant would invest US$50 billion in…
BNM policy results in double conversion by rubber glove exporters
KUCHING: Researchers with MIDF Amanah Investment Bank Bhd (MIDF Research) believed the new policy from Bank Negara Malaysia (BNM) may…
Ringgit depreciation not an issue for AirAsia
KUCHING: The anticipated depreciation of the ringgit in 2017 will not be an issue for AirAsia Bhd (AirAsia) thanks to…
Growth outlook for emerging Asia still relatively strong
KUALA LUMPUR: Economic activity in the Asia-Pacific region remained relatively strong, even as many emerging-market Asia (EM Asia) countries were…
Forest City to contribute rm66 billion in tax revenue
ISKANDAR PUTERI: Forest City, a mixed development on four man-made islands, is expected to contribute RM66 billion in tax revenue…