3y

Turkish inflation hits two-decade high of 78.6% after president forces interest rate cuts

Highest since 1998 though some economists doubt official figure, estimate it to be over double that

3y

Suez Canal records highest ever annual revenue of US$7 bil

Global crises proved its importance to world’s supply chains, says waterway authority

3y

After Maxis outage, industry forum calls for compensation over telco disruptions

Users deserve more than apology as they suffer actual losses, it says

3y

Bursa broadly lower at mid-morning ahead of BNM meeting

Amid rising inflation, market participants anticipate another 25 basis points hike

3y

Asia stocks mixed, oil down as traders fret over recession

Central bank interest rate hikes aimed at fighting inflation weigh heavily on investors’ minds

3y

Sime Darby to divest Weifang Port companies in RM1.27 billion deal

This marks full exit from non-core ports business, share sale agreements expected to be completed by fourth quarter, firm says

3y

Expect higher Bank Negara key rates in July, say analysts amid inflation woes

BNM expected to increase OPR by another 25 basis points, they say

3y

Tesla deliveries fall with temporary closure of China factory

Drop bigger than expected, say analysts, as Shanghai’s strict Covid-19 lockdown hits firm hard

3y

Developers let Chinese farmers pay for homes with watermelons

Accepting crops at inflated prices allows steeper discounts for houses, taps into underserved market

3y

CPO prices not expected to dip below RM4,500/tonne: Zuraida

Trend affected by Indonesia palm oil export ban, Russia-Ukraine conflict, says plantation minister

3y

US multinationals grapple with soaring dollar

Corporate cash management platform Kyriba estimates S&P 500 firms could take US$40 bil hit in first half of 2022

3y

Penang’s halal producers can help alleviate food supply woes: exco

Datuk Abdul Halim Hussain says yields can be boosted to meet growing demand by utilising technology

3y

Najib moots to replace 40-year-old Look East Policy, focus on Borneo

Ex-PM says Sabah, Sarawak can reach maximum potential by putting Barisan in Putrajaya