January 14, 2018

GM executives defend NAFTA, Mexican truck plant

DETROIT, Jan 14: General Motors Co Chief Executive Mary Barra expressed optimism on Saturday that the North American Free Trade Agreement would survive, and other senior […]
January 14, 2018

Airbus fined US$128 million over Taiwan missile affair

  PARIS, Jan 14: Airbus said on Saturday (Jan 13) it had been fined €104 million (US$128 million) for a dispute dating from 1992 over missile […]
January 12, 2018

AirAsia, AirAsia X shares up on possible route recalibration

KUALA LUMPUR, Jan 12: The shares of budget airline AirAsia and its long-haul affiliate, AirAsia X, were up in the morning session today. It comes on […]
January 12, 2018

Ringgit significantly higher against USD in early session

KUALA LUMPUR, Jan 12: The ringgit was significantly higher against the US dollar this morning, touching a level it had not seen since July 2016, as […]
January 12, 2018

Airbnb ‘disappointed’ by Amsterdam plan to cut rentals

THE HAGUE, Jan 12: Rent-a-room giant Airbnb has voiced disappointment in Amsterdam’s plans to impose a 30-day limit on letting private homes, saying it will harm the […]
January 12, 2018

UK won’t pay to access single market post-Brexit: Govt

LONDON, Jan 12: The British government on Thursday (Jan 11) ruled out paying the European Union to access the single market after leaving the bloc, as […]
January 11, 2018

CIMB sells 337,000 OldTown shares for JDE Asia

KUALA LUMPUR, Jan 11: CIMB Investment Bank Bhd, adviser to Jacobs Douwe Egberts Holdings Asia NL BV (JDE Asia) for the pre-conditional voluntary offer of the […]
January 11, 2018

Malaysia’s Demak motorcycles enter Cambodian market

KUALA LUMPUR, Jan 11: Demak, one of Malaysia’s fastest growing motorcycle brands, has entered the Cambodian market and expected to ship some 30 models to the […]
January 11, 2018

Ringgit rises against USD in early session

KUALA LUMPUR, Jan 11: The ringgit was higher against the US dollar in early trading today on the back of an optimistic outlook of foreign fund […]
January 11, 2018

Singapore’s CopyCash ordered to cease token offering in Malaysia

KUALA LUMPUR, Jan 11: The Securities Commission Malaysia has directed Singapore-registered blockchain startup to cease and desist all its proposed activities including a planned initial coin […]
January 11, 2018

US senator wants Apple to answer questions on slowing iPhones

WASHINGTON, Jan 11: The chairman of a U.S. Senate committee overseeing business issues asked Apple Inc to answer questions about its disclosure that it slowed older […]
January 10, 2018

AirAsia sees potential IPO for India unit

KUALA LUMPUR, Jan 10: Low-cost carrier AirAsia Bhd is looking at a potential initial public offering (IPO) for its India unit, said Group Chief Executive Officer, […]
January 10, 2018

Travelling trends: A sign of good economy

KUALA LUMPUR, Jan 10: Over the years, the preferences of Malaysians travelling abroad have grown tremendously – from only aiming to visit Langkawi to now hunting […]
January 10, 2018

Ringgit lower against USD in early session

KUALA LUMPUR, Jan 10: The ringgit opened lower against the US dollar today on better demand for the greenback and amid rising expectations of a March […]
January 10, 2018

World Bank upgrades global growth forecasts as recovery strengthens

WASHINGTON, Jan 10: For the first time in many years, the World Bank’s outlook for the global economy is better than expected rather than worse, with […]
January 10, 2018

Kodak unveils cryptocurrency, stock doubles

SAN FRANCISCO, Jan 10: Shares of Eastman Kodak Co more than doubled on Tuesday (Jan 9) after the one-time leader in photography became the latest company […]
January 9, 2018

MAS to resume flights to Brisbane

KUALA LUMPUR, Jan 9: Malaysia Airlines will be reinstating direct flights between Kuala Lumpur and Brisbane effective June 6, 2018. In a statement today, the airline […]
January 9, 2018

Ringgit opens easier against USD

KUALA LUMPUR, Jan 9: The ringgit opened easier against the US dollar today as the greenback strengthened amid rising expectations of a March rate hike by […]