September 22, 2017

Apple fans stay the night to be first to get iPhone 8 and 8 Plus

SINGAPORE, Sept 22: More than 80 diehard Apple fans descended on Singapore’s only Apple Store on Thursday evening (Sep 21) to queue overnight for the new […]
September 21, 2017

AirAsia launches inflight meal for young passengers

KUALA LUMPUR, Sept 21: Children aged two to 12, who will be flying with AirAsia Bhd, can now enjoy a new inflight meal catered for them […]
September 21, 2017

1MINE demands establishment of FTZ for SMEs

KUALA LUMPUR, Sept 21: The Malaysian Indian Network of Entrepreneurs Association (1MINE) has suggested to the government to form a Free Trade Zone (FTZ) to help […]
September 21, 2017

Toys ‘R’ Us CEO sees future with smaller shops

NEW YORK, Sept 21: Toys “R” Us Inc will shrink its stores and revamp its bigger outlets through its bankruptcy process, which may end with the […]
September 21, 2017

Western Digital takes legal step to stop Toshiba memory investment

REUTERS, Sept 21: Western Digital Corp filed its latest legal action against joint-venture chip partner Toshiba Corp for moving to invest in a new flash memory […]
September 21, 2017

How US$5 billion of debt caught up with Toys ‘R’ Us

REUTERS, Sept 21: Toys “R” Us Inc has been making US$400 million in interest payments on its debt every year, largely due to its US$6.6 billion […]
September 21, 2017

Apple concedes new watch has connectivity glitch

REUTERS, Sept 21: Apple Inc’s on Wednesday conceded its latest smartwatch unveiled a week ago has problems with its most important feature: the ability make phone […]
September 21, 2017

Ringgit opens lower against USD

KUALA LUMPUR, Sept 21: The ringgit opened lower against the US dollar today as the greenback advanced after the US Federal Reserve System (Fed) left its […]
September 20, 2017

AirAsia offers special fares for new Johor Bahru-Macao route

KUALA LUMPUR, Sept 20: Low-cost airline, AirAsia, is offering promotional all-in-fares from RM129 one way from Johor Bahru to Macao, inclusive of taxes and fees on airasia.com […]
September 20, 2017

Ringgit opens lower against US dollar

KUALA LUMPUR, Sept 20: The ringgit opened lower against the US dollar this morning on improved buying interest for the greenback amid higher global oil prices, […]
September 20, 2017

US bankruptcy judge says will approve loan for Toys ‘R’ Us

WILMINGTON, Sept 20: The U.S. Bankruptcy judge overseeing the Chapter 11 of Toys ‘R’ Us said on Tuesday he would approve the company’s request to borrow […]
September 20, 2017

Britain to promise €20 billion in Brexit bill: Report

LONDON, Sept 20: British Prime Minister Theresa May will promise to pay a Brexit divorce bill of at least €20 billion (£18 billion, US$24 billion), according […]
September 20, 2017

Toys ‘R’ Us Asian operations unaffected by company’s ‘financial restructuring’

SINGAPORE, Sept 20: Toys “R” Us (Asia) said in a statement on Tuesday (Sep 19) that it is not part of Toy “R” Us Inc’s “financial […]
September 20, 2017

Hurricane Harvey weighs on new US homebuilding in August

WASHINGTON, Sept 20: New US homebuilding slowed in August for the second straight month, driven down by Hurricane Harvey and a continuing drop in apartment construction, […]
September 19, 2017

Zhejiang Geely’s Proton tie-up a great example of OBOR initiative

DUNHUANG, Sept 19: Chinese carmaker Zhejiang Geely Holdings Group’s venture into Proton Holdings Bhd is a great example of China’s One Belt, One Road (OBOR) initiative. Zhejiang […]
September 19, 2017

BNM to provide guidelines on cryptocurrency by year end

KUALA LUMPUR, Sept 19: Bank Negara Malaysia (BNM) is planning to issue guidelines on cryptocurrency by year-end, said Governor, Tan Sri Muhammad Ibrahim. He said cryptocurrency, […]
September 19, 2017

EPF to boost investments in shariah-compliant private equity funds

KUALA LUMPUR, Sept 19: The Employees Provident Fund (EPF) is prepared to increase its investments in shariah-compliant private equity (PE) funds, said its Investment Deputy Chief Executive […]
September 19, 2017

Ringgit opens marginally lower against USD

KUALA LUMPUR, Sept 19: The ringgit opened marginally lower against the US dollar as the greenback strengthened ahead of the US Federal Open Market Committee (FOMC) […]