September 12, 2017

Mercedes-Benz to offer electric option for every car by 2022

FRANKFURT, Sept 12: Daimler’s Chief Executive Dieter Zetsche on Monday said Mercedes-Benz will offer electric versions of all its models by 2022, converting its Smart city […]
September 11, 2017

Business events industry to generate more than RM3.9b

KUALA LUMPUR, Sept 11: Malaysia’s business events industry is expected to generate more than RM3.9 billion in gross national income and bring in 2.9 million visitors […]
September 11, 2017

Ringgit opens lower against US dollar

KUALA LUMPUR, Sept 11: The ringgit opened lower against the US dollar today on lack of buying interest for the local currency, weighed down by soft […]
September 11, 2017

Dollar, shares bounce on relief at North Korea inaction

SYDNEY, Sept 11: The U.S. dollar won a reprieve from risk aversion on Monday after North Korean dictator Kim Jong Un decided to hold a party […]
September 11, 2017

Commentary: Coco Chanel, rebel entrepreneur, disruptor and pioneer

HUDDERSFIELD, United Kingdom: Chanel has released its first new feminine fragrance in 14 years. The perfume Gabrielle is named after the eponymous founder before she was […]
September 11, 2017

Slumping Goldman Sachs faces questions

NEW YORK, Sept 11: A slump in Goldman Sachs’s long-dominant trading business has sharpened questions about the Wall Street kingpin’s strategy as technological change disrupts the […]
September 10, 2017

EU criticizes Trump’s economic policy

  BERLIN, Sep 10: The European Union’s economic and financial committee has criticized U.S. President Donald Trump’s economic policy and is worried that his efforts to […]
September 10, 2017

Sovereign wealth funds boost private investments in emerging markets

  ASTANA, Sep 10: Private market investments have become a crucial part of sovereign wealth funds’ (SWF) portfolios, helping them better tap the potential of key […]
September 10, 2017

ASEAN to sign Hong Kong free trade deal in November

MANILA, Sep 10: The Association of Southeast Asian Nations (ASEAN) is to sign a free-trade agreement with Hong Kong in November, a Philippine government official said […]
September 9, 2017

Euro hits 2.5-year dollar high

  LONDON, Sep 9: The euro on Friday (Sep 8) reached the highest level against the dollar since the start of 2015 as traders bet on […]
September 9, 2017

US court rejects Qualcomm bid to limit Apple lawsuits

  SAN FRANCISCO, Sep 9: A US federal judge on Friday (Sep 8) rejected an effort by Qualcomm to limit legal challenges from Apple in the […]
September 9, 2017

Massive credit bureau hack raises troubling questions

  WASHINGTON, Sep 9: It could be the worst-ever data breach for American consumers, exposing some of the most sensitive data for a vast number of […]
September 9, 2017

Mediacorp launches network for budding independent creators

  SINGAPORE, Sep 9: Mediacorp on Friday (Sep 8) launched Bloomr.SG, an initiative to nurture and empower independent creators. These creators are digital natives who connect […]
September 8, 2017

HSBC begins payouts to some of small UK firms whose accounts it froze

  LONDON, Sep 8: HSBC has offered compensation to at least two of the small British businesses caught up unintentionally in a crackdown on illicit money, […]
September 8, 2017

VW eyes sale of assets accounting for 20 percent of revenues: WSJ

FRANKFURT, Sep 8: Volkswagen is actively working on deals to sell non-core assets accounting for as much as 20 percent of the German carmaker’s annual revenues, […]
September 8, 2017

Where cash is king: Can e-payments catch on in Hong Kong?

  HONG KONG, Sep 8: For decades in the past, mainland China tourists came to Hong Kong for a taste of modern life. The city, a British […]
September 8, 2017

McDonald’s Korea head expresses regret over ‘patty scandal’

SEOUL, Sept 8: The chief of McDonald’s Korea expressed regret Thursday over its allegedly undercooked burger patties that a number of local consumers accused of having […]
September 8, 2017

Ringgit opens higher as USD weighed by resignation of Fed Vice-Chair

KUALA LUMPUR, Sept 8: The ringgit opened stronger against the US dollar today, inline with the regional currencies, on the weakness of the greenback amid unanticipated […]