VW faces huge fines as US sues for environmental violations
WASHINGTON/FRANKFURT: The US Justice Department has sued Volkswagen for up to US$48 billion for allegedly violating environmental laws – a…
Browsing: Business
China stocks rise on hopes share sale ban will be extended
SHANGHAI: China stocks edged up yesterday on hopes that regulators would extend a ban on share sales by major stakeholders…
AEON Credit opens new branch in Sibu
SIBU: AEON Credit Service (M) Berhad, a subsidiary of AEON Financial Service Co Ltd Japan, opens a new branch here…
Innovations, improved smartphone specifications drive growth for semiconductors
KUCHING: Better design innovations and continuous upgrades in smartphone specifications will continue to drive growth in the semiconductor industry. AllianceDBS…
Moody’s: O&G industry to cut spending in 2016
KUALA LUMPUR: As commodity prices continue to slide, the global oil and gas (O&G) industry will reduce capital spending and…
National commodity policy review being finalised
PUTRAJAYA: The new direction and focus of the commodity sector under the National Commodity Policy review is in the midst…
Petron sees huge potential in lubricant business
KUALA LUMPUR: Petron Corporation sees huge potential for the lubricant business in Malaysia. The company is the Philippines’ largest oil…
1MDB says US$1.7 billion asset sale value to be adjusted
KUALA LUMPUR: Malaysian state fund 1MDB yesterday said its US$1.7 billion property project sale to a Malaysian-Chinese group will be…