Amazon’s Bezos buys Washington Post for US$250 million in surprise move
WASHINGTON: The Washington Post, the legendary newspaper that broke the Watergate scandal, is being sold to Amazon founder Jeff Bezos…
Browsing: Business
Australian central bank cuts rates to new low of 2.5 pct
SYDNEY: Australia’s central bank cut interest rates to a new record low of 2.5 per cent yesterday, underscoring fears of…
China’s debt surge pressures Xi-Li to avert lost decade
A Chinese lending spree of the magnitude that tipped Asian nations into crisis in the late 1990s and preceded Japan’s…
Tablet sales slow in absence of new iPad model: IDC
Sizzling hot tablet sales have cooled a bit but should re-ignite with the release of a new iPad model later…
‘Post-election euphoria fails to translate into investment boost’
KUCHING: Improved economic conditions and rising business confidence in Malaysia have not prompted private businesses to increase investment. According to…
YKGI to possibly see profits in FY13
KUCHING: With Sarawakian steel player YKGI Holdings Bhd (YKGI) garnering its second consecutive quarter in the black, analysts are optimistic…
GDex share price dips after transfer to market debut
KUALA LUMPUR: Logistic provider, GD Express Carrier Bhd’s, (GDex) shares which were transferred to the main market yesterday morning after…
Maybank still a good stock with new CEO likely to enhance expansion
KUALA LUMPUR: Two research houses have maintained their buy call on Malayan Banking Bhd (Maybank), following the statement by the…