Fed’s Yellen: ‘Pockets’ of higher risk taking in US
WASHINGTON: Federal Reserve Chair Janet Yellen said that she sees some rise in potentially dangerous risk taking in the US…
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‘Vulture’ funds challenge Argentina to enter talks with them this week
WASHINGTON: Hedge funds backed by a US court in their demands for US$1.3 billion from Argentina challenged the country’s economy…
Facebook buys video ad firm LiveRail
SAN FRANCISCO: Facebook announced a deal to buy online video advertising technology company LiveRail. The companies did not disclose how…
Petrochemicals latest China commodity to be hit by fraud
BEIJING: Chinese petrochemical imports have become the latest commodity financing tool to come under investigation for possible fraud, highlighting the…
BMW to invest 1 bn euros in new Mexican plant: source
German top-of-the-range carmaker BMW is to invest around 1.0 billion euros ($1.3 billion) in a brand new factory in Mexico,…
‘Scrapping cabotage policy might harm shipping industry’
KOTA KINABALU: The abolishment of the cabotage policy as a solution to address the disparity in prices of goods between…
More room for Pestech to grow with upcoming tenders
KUCHING: Pestech International Bhd’s (Pestech) share price has rallied by a robust 64 per cent in the past five months,…
SugarBun looks to Indonesia, aims for 20 new outlets by 2018
KUCHING: SugarBun, the leading quick service restaurant (QSR) in East Malaysia will chart yet another overseas achievement in Indonesia, with…