|Saturday, May 27, 2017

Business News

Singapore Airlines to re-integrate SIA Cargo division

SINGAPORE, May 19: SIA Cargo, a wholly owned subsidiary of Singapore Airlines (SIA), will be re-integrated as a division within the SIA group, the national carrier announced in a media release on Friday (May 19). SIA said the re-integration will help improve efficiency, and is expected to be completed in the first half of 2018, after which SIA Cargo ...Full Article

Trump administration triggers launch of NAFTA renegotiations

WASHINGTON, May 19: The Trump administration on Thursday formally launched its effort to renegotiate the North American Free Trade Agreement with Canada and Mexico to try to win better ...Full Article

Microsoft withheld update that could have slowed WannaCry: Report

LONDON, May 19 American software giant Microsoft held back from distributing a free security update that could have protected computers from the WannaCry global cyber attack, the Financial Times ...Full Article

Five goldsmiths invest RM49.6 mil in BKIP

GEORGE TOWN, May 18: Five goldsmith and jewellery manufacturing firms will invest RM49.6 million to start a Gold and Jewellery Cluster at the Batu Kawan Industrial Park (BKIP). Penang ...Full Article

1,500 SMEs to be listed on AliBaba.com platform

KUALA TERENGGANU, May 18: A total of 1,500 small and medium enterprises (SMEs) will be listed on the AliBaba.com e-commerce platform by year-end, said International Trade and Industry Minister ...Full Article

US stocks fall sharply on Trump woes; Dow -1.8%

NEW YORK, May 18: Wall Street stocks fell sharply on Wednesday (May 17) on deepening worries about President Donald Trump’s economic agenda following a series of scandals and stumbles. ...Full Article

Trade pact dumped by Trump could be revived at Asia-Pacific meeting

HANOI, May 18: Japan and other remaining members of the Trans Pacific Partnership will this weekend decide how to revive the trade agreement ditched by U.S. President Donald Trump. ...Full Article

Japan economy expands for 5th straight quarter

TOKYO, May 18: Japan’s economy grew 0.5 per cent in the first three months of 2017, its fifth straight winning quarter and the longest expansion in more than a ...Full Article

Ringgit opens easier against US dollar

KUALA LUMPUR, May 18: The ringgit opened easier against the US dollar this morning as investors continued to book profits after the recent gains amid the weakening sentiment for ...Full Article

Western banks eclipsed by China’s along the new Silk Road

BEIJING, May 18: For global banks, China’s new “Silk Road” is a tantalising concept: billions of dollars in deals, loans and advisory fees, and a cozier relationship with Beijing ...Full Article
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