Business

Back to homepage

Shares falter as China-US row over Hong Kong wrecks trade deal hopes

Global stocks took a beating today as a fresh row between Washington and Beijing over US legislation on Hong Kong threatened to undermine their trade talks and delay a “phase one” deal that investors had initially hoped to be signed

Read More

Azbil now offers ceiling temperature sensor outside of Japan

KUALA LUMPUR: Azbil Corporation has started sales of its ceiling-mounted temperature sensor (round type), an indoor temperature sensor for use with office building HVAC systems outside of Japan. Its overseas launch is centred on office buildings and other structures in

Read More

AI will make billions of humans unnecessary

KUALA LUMPUR: Artificial Intelligence (AI) will irreversibly change the world by making billions of humans unnecessary, inclusive of creative workers, according to Russian physicist and philosopher, Serge Pereslegin. “Therefore, we need to redesign the meaning of work and life,” added

Read More

Rakuten: FBM KLCI to rebound to 1,800 by 2020

PETALING JAYA: Rakuten Trade Sdn Bhd, an online equity broker stated that FTSE Bursa Malaysia KLCI (FBM KLCI) to close at 1,630 by the end of this year. Speaking to reporters here today on the 2019 Market Outlook today, Head

Read More

Oil rises on hopes for OPEC supply curbs, optimism on US-China trade deal

Oil prices posted early gains as OPEC’s outlook for oil demand next year fueled hopes that the producer group and its associates will keep a lid on supply when they meet to discuss policy on output next month. Optimism that

Read More

FAA downgrade may affect Malaysia Airlines’ codeshare deals

KUALA LUMPUR: Malaysian carriers, including Malaysia Airlines, will have their operations and codeshares to and from the United States (US) limited to the existing levels following the US Federal Aviation Administration’s (FAA) downgrade of the Civil Aviation Authority of Malaysia’s

Read More

Economist: M’sia remains attractive to global investors

KUALA LUMPUR: Malaysia will continue to be on the global investors’ radar due to its solid economic position and its importance in the Belt and Road Initiative (BRI), said IQI Global chief economist Shan Saeed. There have been lots of

Read More

Malaysia’s labour force rate soars to 68.7%

KUALA LUMPUR: The labour force participation rate in Malaysia for the month of September this year increased 0.1 percentage point to 68.7% as compared to the previous months, said the Department of Statistics Malaysia. It also saw an increase of

Read More

Former top judge appointed Prasarana chairman

KUALA LUMPUR: Former Chief Judge of Malaya, Tan Sri Zaharah Ibrahim has been appointed chairman of government-linked, public transport owner and operator, Prasarana Group, effective today. In a statement, Prasarana said Zaharah is filling the vacancy left by Tan Sri

Read More

Business council to enhance trade ties between Msia, Nigeria

PUCHONG: With the official registration of the Malaysia Nigeria Business Council (MNBC), the business council now embarks on its mission to strengthen and enhance trade ties between Malaysia and Nigeria. Speaking at a press conference after the official handover of

Read More