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Oil prices drop as more tariff added in US-China trade war
TOKYO: Oil prices were lower on Monday after new tariffs imposed by the United States and China came into force, raising concerns about a further hit to global growth and demand for crude. Brent crude was down 27 cents, or
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Malaysia’s halal cosmetics, personal care products in high demand
BENGALURU: Malaysia’s halal cosmetics and personal care products are in great demand in India despite the slower sales growth recorded in 2018, said Halal Industry Development Corporation Sdn Bhd (HDC). Its international footprint manager Mohammad Shukur Sugumaran said Indian importers
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China, USA impose additional tariffs on each other’s goods
BEIJING: China and the United States will begin imposing additional tariffs on each other’s goods on Sunday, the latest escalation in a bruising trade war despite signs talks would resume sometime this month. A new round of U.S. tariffs on
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KLCI stays above 1,600 level threshold
KUALA LUMPUR: The FBM KLCI pared some of its gains at mid-morning today, but stayed above the 1,600 level, lifted by select index-linked blue chips. At 10am, the FBM KLCI was up 7.83 points to 1,603.01. The index had earlier
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Affordable housing, a shared responsibility
KUALA LUMPUR: Decent affordable housing is fundamental to the health and well-being of people, and to the smooth functioning of economies. Yet around the world, in developing and advanced economies alike, cities are struggling to meet that need. In line
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Ringgit continues downward trend
KUALA LUMPUR: The ringgit extended its downtrend from yesterday to open lower against the US dollar on the strengthening of the greenback amid heightened worries about the US-China trade dispute, dealers said. At 9.05 am, the ringgit was trading at
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KLCI cautious amid US-China talks
KUALA LUMPUR: The FBM KLCI got off to a cautious start Thursday as the much anticipated trade talks between the US and China continue to keep investors on tenterhooks. It gained 2.13 points to 1,591.95 as of 9.05 am. The
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Oil prices hold gains after U.S. inventory drawdown
TOKYO: Oil prices clung to gains on Thursday after official data confirmed a big drop in U.S. crude inventories, helping ease concerns about weakening demand, but worries about wider economic growth held prices in check. U.S. crude was up by
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Abdul Rahman to become Sime Darby chairman in Oct
KUALA LUMPUR: Permodalan Nasional Bhd (PNB) president and group chief executive officer (CEO) Datuk Abdul Rahman Ahmad will assume the role of chairman and non-independent non-executive director of Sime Darby Bhd after Tan Sri Dr Wan Abdul Aziz Wan Abdullah’s
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S’pore housing market ain’t enticing, Taiwan and Malaysia are
SINGAPORE: Singapore’s housing market isn’t turning out to be the beneficiary many may have thought from Hong Kong’s increasingly fraught protests. Instead, investors are looking to cheaper property markets like Malaysia, Thailand and Taiwan. “People here tend to think there
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