Plastics, packaging sector due for re-rating
KUCHING: Malaysia’s plastics and packaging sector is due for a sector re-rating as one of the prime beneficiaries of strong…
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Volvo Malaysia aims to lead heavy duty truck segment
SEBERANG PERAI: Volvo Malaysia Sdn Bhd aims to be the leading heavy duty truck brand after investing RM75 million to…
HSBC Amanah launches Islamic Socially Responsible Unit Trusts
KUALA LUMPUR: HSBC Amanah Malaysia Bhd yesterday launched its Islamic Socially Responsible Unit Trusts, the first of its kind in…
Canadian economy heading for recession
MONTREAL: The Canadian economy is likely headed for recession, two major banks said Thursday, predicting a successive contraction in the…
IMF nears US$1.7 bln loan payout to Ukraine
WASHINGTON: The International Monetary Fund said Thursday that its Ukraine mission had reached agreement with Kiev authorities on the steps…
‘Every day is Sunday’ for struggling Greek businesses hit by bank shutdown
ASPROPYRGOS, GREECE: The ANTYMET car-recycling company northwest of Athens was already down on its luck after six years of one…
In struggle to stem market rout, China hunts manipulators
CHINA’S securities market regulator has opened an investigation into suspected market manipulation, in the latest in Beijing’s increasingly desperate attempts…
Foreign investors dump Philippine shares at record speed
MANILA: Philippine shares, a favourite among emerging-market investors not too long ago, were under siege in April-to-June, with net foreign…