US to release five million barrels from strategic oil reserve
WASHINGTON: The US Energy Department said Wednesday a decision to release five million barrels from its Strategic Petroleum Reserve was…
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New Zealand break ranks to hike interest rates
WELLINGTON: New Zealand became the first advanced economy to raise interest rates since 2012, ending a three-year freeze imposed after…
Capital market grows to RM2.7 trillion in 2013
KUCHING: Malaysia’s capital market grew 10.5 per cent to RM2.7 trillion last year, says the Securities Commission (SC), in line…
Five MH370 passengers covered by Allianz insurance, reveals CEO
KUALA LUMPUR:Four Malaysians and one student from China onboard the missing MH370 aircraft had insurance coverage from Allianz Malaysia Bhd,…
SEB signs first agreement for biomass energy
KUCHING: State energy provider Sarawak Energy Bhd (SEB) yesterday announced that the very first Renewable Energy Power Purchase Agreement (REPPA)…
Malaysia’s ultra wealthy population expected to surge 33 pct by 2023
KUALA LUMPUR: Knight Frank, a leading independent global property consultancy, has forecast that Malaysia’s ultra-wealthy population will increase by 33…
Citi named Best Bank in Asia by The Asset Magazine
KUCHING: Citi was named Best Bank in Asia for the 15th year in a row at the annual Triple- A…
South Korea seeks Malaysia’s halal expertise
KUALA LUMPUR: South Korea is taking steps to upgrade its level of understanding about halal products, says Korean Halal Association…