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UK PM Johnson questions BBC’s licence fee funding
LONDON, Dec 9 — British Prime Minister Boris Johnson today questioned why the BBC should continue to be supported by an annual fee paid by all viewing households, one of the biggest hints to date th...
EU opens subsidies for electric battery push
BRUSSELS, Dec 9 — The EU’s powerful anti-trust authority today approved billions of euros in subsidies from seven member states as Europe seeks to make up lost ground in batteries.
Yusoff Rawther gives statement to Bukit Aman
KUALA LUMPUR (Dec 9): Muhammed Yusoff Rawther recorded his statement at Bukit Aman here today pertaining to his allegations that he was sexually assaulted by PKR president Datuk Seri Anwar Ibrahim.
ARB terminates MoU for Cambodian market entry
KUALA LUMPUR (Dec 9): ARB Bhd has terminated a Memorandum of Understanding (MoU) that was aimed at facilitating the group’s foray into Cambodia to implement the enterprise resource planning (ERP) sy...
Prosus hikes hostile bid for Just Eat
LONDON, Dec 9 — Prosus, Europe’s largest consumer-tech company, said today it has hiked its hostile takeover bid for Just Eat, in an attempt to derail the latter’s merger deal with peer Takeaway...
Bursa Malaysia ends lower on subdued sentiment
KUALA LUMPUR, Dec 9 — Bursa Malaysia finished lower today on subdued sentiments as weak export data from China, the country’s biggest trading partner, signalled weakness for the broader Asian econ...
Petronas stocks, Tenaga weigh on KLCI, plantations shine
KUALA LUMPUR: Petronas-linked stocks, Tenaga Nasional and Public Bank weighed on the FBM KLCI on Wednesday on continued fund selling but plantations brightened the gloomy market as crude palm oil (CPO) futures rallied past RM2,900.
King on special visit to UK
KUALA LUMPUR (Dec 9): Yang di-Pertuan Agong Al-Sultan Abdullah Ri'ayatuddin Al-Mustafa Billah Shah is making a special visit to the United Kingdom (UK) from today till Dec 16.
Tokyo stocks close up for third straight session
TOKYO, Dec 9 — Tokyo stocks rose for a third consecutive session today, extending rallies on Wall Street as investors closely watched key events this week including central bank meetings and the UK ...
Sanofi to buy Synthorx for US$2.5b to expand in cancer
LONDON: French pharma giant Sanofi agreed to buy Synthorx Inc. for $2.5 billion, more than double the U.S. biotech company’s last market price, accelerating its push into the field of cancer under new Chief Executive Officer Paul Hudson.
A US$1b grudge drove GM’s shock suit against Fiat Chrysler
SOUTHFIELD: General Motors Co. executives had laid the groundwork for a new labour agreement with the United Auto Workers union in September 2015. The company had met most of the union’s demands with a proposal that would have boosted pay and benefits by almost $1 billion over four years.
Frankly Speaking: What about FIC’s board?
Last month, the Federal Land Development Authority (FELDA) and its subsidiary, Felda Investment Corp Sdn Bhd (FIC), filed a suit against 21 parties in an attempt to cancel land ownership transfer inst...
Bank Rakyat 9M PBTZ up 4% to RM1.29b
KUALA LUMPUR: Bank Rakyat Group's profit before tax and zakat (PBTZ) for the nine months ended Sept 30,2019 rose by 4% to RM1.29bil, underpinned by financing and treasury activities.
Maxis scores award hat trick
KUALA LUMPUR (Dec 9): Maxis Bhd achieved a hat trick when it made a clean sweep of highly coveted brand accolades at the Malaysia Effie Awards 2019, Kancil Awards 2019, and Putra Brand Awards 2019.
All eyes on Lagarde’s ECB debut this week
FRANKFURT, Dec 9 — Christine Lagarde delivers her first monetary policy announcements as ECB president on Thursday, with observers set to scrutinise every word for hints of the bank’s future direc...
Natural rubber production falls 21.4pc in Oct 2019
KUALA LUMPUR, Dec 9 — Malaysia’s natural rubber production in October 2019 decreased by 21.4 per cent to 48,549 tonnes from 61,731 tonnes in the preceding month, said the Department of Statistics ...
Bursa Malaysia ends morning session lower
KUALA LUMPUR, Dec 9 — Bursa Malaysia ended the morning session lower today amid worries over uncertainties surrounding negotiations to broker a trade deal between the United States and China.
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Chinese policymakers expected to be flexible in drive for economic growth
CHINESE policymakers will likely be more flexible when setting next year's growth target, showing greater tolerance for slower growth in exchange for policy leeway to carry out longer-term reform objectives that are crucial to the country's high-quality development, analysts said on Sunday.
Sentiment turns sour one week ahead of US tariffs deadline
KUALA LUMPUR: The local equities market turned to consolidation on Monday as a positive US jobs data report over the weekend failed to inspire optimism in the global economy as the deadline for fresh US tariffs on Chinese imports loomed.
Leverage local tech, expertise for growth
NATIONAL agendas such as the Shared Prosperity Vision 2030 and the Ministry of International Trade and Industry’s (Miti) National Policy on Industry 4.0 (Industry4WRD) are emphasising the use of emerging technologies to fast-track industry transformation in order to spur economic growth.
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Getting credit management right
BEING a business owner in this day and age can prove to be an uphill challenge, especially when the company is still in its infancy.
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Swedish startup tunes into original music demand
EPIDEMIC Sound, backed by Spotify’s investors, is one of a new wave of music companies expanding rapidly on the back of demand for easy access to original music from commercial users, especially YouTubers.
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Golden years over for Latitude Tree
SHAH ALAM: While the worst is over for furniture maker Latitude Tree Holdings Bhd, its managing director Lin Chin Hung is quick to add that the company’s “golden years are [also] over”.
Axis REIT hungry for more assets
KUALA LUMPUR: Axis Real Estate Investment Trust (REIT) is in talks with several parties on buying more assets, a clear indication that it does not intend to slow down in its acquisition spree.
Japan third-quarter GDP growth revised up
TOKYO, Dec 9 — Japan’s growth in the July-September quarter was greater than initially estimated, thanks to strong pre-tax hike consumption and corporate investment, government data showed on Mond...
Saudi energy minister is confident of Opec+ unity
VIENNA: The Organisation of the Petroleum Exporting Countries (Opec) and its allies would only ease supply curbs and pump more oil once global crude inventories fall and pricing reflects a tighter market, Saudi Arabia’s energy minister told Reuters.
AOC, Sanders say I told you so, as Amazon, Facebook move to NYC
San Francisco: Democratic Representative Alexandria Ocasio-Cortez (AOC) and Presidential candidate Bernie Sanders are taking a victory lap after Amazon.com Inc and other technology giants leased millions of sq ft of office space in New York City – without the billions of dollars in government support that Amazon tried to negotiate earlier this year.
South Korea invests in fintech unicorn
THE Finance Ministry announced last Wednesday plans to establish a 12 trillion won (RM42bil) fund to help support competent startups scale up as unicorns, allocating 300 billion won exclusively for fintech firms.
7-Eleven soon to
be pharmacy play
PETALING JAYA: 7-Eleven Malaysia Holdings Bhd is looking to get a foothold in the thriving Malaysian pharmaceutical industry following its proposed acquisition of Caring Pharmacy Group Bhd recently.
Building global success
MORE than 15 years after Muhibbah Engineering (M) Bhd (MEB) received Construction Industry Development Board (CIDB) Malaysia’s International Achievement Award, it still retains its position among the top Malaysian construction companies for its global reach.
Work-life balance in the spotlight
KUALA LUMPUR: What is a long festering issue in Malaysia and around the world was thrust into the spotlight by the International Advertising Association (IAA) Malaysia at its recent forum series event.
Loke: Consider consolidation to strengthen shipbuilding industry
LONDON: Local shipbuilding companies could consider consolidation to achieve better economies of scale amid a challenging environment that has resulted in mega-mergers and alliances among the super powers in the sector globally, according to Transport Minister Anthony Loke Siew Fook.
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Appetite for non-rated bonds
PETALING JAYA: The appetite for non-rated bonds, which was once thought to be “inferior” to their rated counterparts, is fast gaining traction in Malaysia.
Perdana Petroleum, MISC, PetDag, PetGas, MTAG, IHH and FGV
Former chief justice Richard Malanjum is now Berjaya Land chairman
S&P 500, Nasdaq edge higher; tariff deadline in focus
Mexico president says senators OK’d changes to USMCA trade pact
Caring Pharmacy sees 5.97% traded off-market
Communism claims a ploy to tarnish democratic process
DWP to serve as roadmap for Malaysia's defence industry for the next 10 years
Tesco should take the money and run: Andrea Felsted
Tesco could pay special dividend on Asian exit, analysts say
Global stocks whacked as China export decline highlights trade war damage
Powerwell signs underwriting agreement with Mercury Securities
Halal Industry Development Corporation empowers SMEs through HSPP
Dewan Negara observes moment's silence for late senators
FGV says unaware of talks about Syed Mokhtar wanting to buy stake in group
Entrepreneur Development Ministry, MTDC collaborate to prepare SMEs for digital technology
IHH shareholders approve RM1.02b Prince Court acquisition from Khazanah
Perak Amanah supports any decision made on land ownership
Award of APEC 2020 communications and translation contract above board — MITI
MTAG to buy 12-acre industrial land in Johor for RM24m
Stronger US dollar curbs demand for ringgit
Petronas places out stakes in three companies
Petronas raises RM6b cutting listed unit stakes — sources
Sugar supply liberalisation will benefit consumers in the long run — Chong...
EC has received court notification on Kimanis seat — Azhar
IHH receives shareholders' approval to acquire Prince Court
NFCP project gets solid cooperation from state governments — Gobind
Malaysians spend 70% of monthly income on goods, housing and transport
KLCI dragged by declines at Top Glove, TNB and banking stocks
Former AG Apandi to be called in as defence witness in SRC trial
Dollar holds ground as central bank meetings loom, pound jumps
European companies minimise risks from US-China trade war
FGV rallies to 14 month high on report of new substantial shareholder
Newsbreak: TH Plantations in advanced talks to sell assets in Sarawak
Newsbreak: Are issues cropping up at Felcra?
Waytha Moorthy's suit against JMM president settled, Azwanddin to apologise
411 detained in Sabah for corruption since 2015 — Latheefa
Asian markets mixed with US rally unable to inspire
Insurance, road tax for Ahmad Zahid's 20 vehicles paid by Yayasan Akalbudi,...
Malaysia needs to enhance trade diversification, investment competitiveness —...
Malaysia's consumer price inflation to rise to 1.5-2.0% next year — World Bank
Najib spent almost half a million ringgit on Rosmah's Chanel birthday watch
EU fuels Indonesia trade tensions with 5-year biodiesel tariffs
China says hopes it can reach trade agreement with US as soon as possible
Newsbreak: Berjaya in talks to sell stake in Kenny Rogers Intl business
Coffee Break: The Unpopular Guide to Happy Offices in 2020
The State of the Nation: Positive, but muted, export growth seen in 2020
The Week Ahead: A trade data-packed week before the year ends
RTM upgrades equipment to meet international standards — Eddin Syazlee
Sanichi says China's Second Construction Co keen on its Halal Gelatin...
1MDB scandal: Feb 3 for management of Obyu Holdings forfeiture case
Originating summons filed against Samy Vellu because he has Alzheimer's — Vell...
More contribution from eCommerce sector this year: Communications and...
Bursa Malaysia extends losses at mid-afternoon
Only option was to put South African Airways on rescue, says Ramaphosa
Oil near 12-week high after Saudis surprise with output curbs
China sets up national pipeline company in major energy revamp
Lead Story: Lessons from a rogue trader
Sluggish income growth among youth, low-income households contributes to 'left-...
Protasco associate lands ten-year job in Sarawak
Najib 'utterly shocked' Jho Low managed his accounts
Frankly Speaking: Should this be how the cookie crumbles?
Najib says Azlin told him in 2014 King Abdullah will make more donations
Najib says he never abused his public position with regard to two govt...
APEC 2020 to focus on redefining role of trade and investment
Inflation, climate, jargon: ECB launches major review
Jobs of the future are clustering in a handful of US cities, study finds
Moody's 2020 outlook for Asia-Pacific banks negative
World Bank revises down Malaysia 2020 GDP target to 4.5% from 4.6%
KLCI pares loss, stays in the red as Tenaga and Public Bank drag
Sime Darby Plantation shares up on Liberian operation disposal news
Syarikat Air Melaka must resolve water woes in one week — Melaka CM
YTD foreign sale of Malaysian equity breaches RM10b mark, says MIDF Research
World Bank trims Malaysia’s GDP forecast in 2020 to 4.5pc
MMC shares up slightly after bagging RM131m EPCC pipeline replacement contract
Cahya Mata Sarawak shares up after securing long-term road maintenance contract
World Bank: More can be done to raise government revenue
Frankly Speaking: If he lied in 2015, why should we believe him now?
Frankly Speaking: Digital tax hurts Malaysians, not FB or Google
Hearing of suit by Abdul Azeez against Lim Guan Eng postponed to Feb 2
China's AI market to reach US$11.9b by 2023: white paper
Ringgit easier in early on trade on better greenback demand
Global halal industry –
low-hanging fruit for SME
Small businesses help
revive rural Portugal
Instant noodles steaming back to life in China
Novartis Malaysia awarded Top Employer Award for 2020
World Bank revises down Malaysia 2020 GDP target to 4.5% from 4.6%
HLIB Research expects Pecca to declare 6.5 sen dividend for FY20
AmInvest Research retains Buy on MMC Corp, FV RM1.58
Ringgit easier in early trade on better demand for greenback
KLCI drifts lower as Petronas stocks and Tenaga drag
Investors would need to be ‘patient’ with Inari
CCC-ECRL to ramp up construction work in 1st quarter
Rocky road ahead for FBM KLCI, says Affin Hwang Capital
Bursa Malaysia opens lower on market consolidation
Foreign investors ramp up selling on Bursa to RM834.6mil net
Weak start for Bursa as Tenaga weighs on KLCI
Tesco considers sale of Thai, Malaysia supermarket businesses
PIVB Research upgrades Tenaga to Neutral from Trading Sell
Ringgit to strengthen towards 4.00 versus USD by end-2020, says RHB IB
Tokyo stocks open higher with eyes on key global events
RHB upbeat on Comfort Gloves' earnings prospects, maintains 'buy'
Japan upgrades 3Q GDP as capex jump boosts domestic demand
HSBC reshapes senior team ahead of new CEO
T-Mobile US Inc girds for decisive battle with states over Sprint Corp
China exports fall, but import growth hints of recovering demand
Central banks battle trade war teams for attention
Asian Stocks Look Set to Start Week With Gains
Huawei to shift research from hostile US to Canada, says founder
Global financial watchdogs take aim at Big Tech’s data dominance
EU budget rules need rethink, says new commissioner
Banks may need political help to survive
big tech
Advertising platform Adwork launched
EVENING 5: Five things you need to know today
Filling the healthcare gap
All in good time