4y

Nike sues shopping platform StockX over sneaker NFTs

Athletics giant is seeking damages and a court injunction to force the shopping platform to stop the sales

4y

Malaysia’s economic growth projected between 5.5 to 6.5% this year: BNM governor

Tan Sri Nor Shamsiah Mohd Yunus says Malaysia well-positioned to bounce back on strong external demand for electrical & electronics products and commodities

4y

Snapchat parent shares rise after reporting first quarterly profit

Snap posts net income of RM93.74 million in the final quarter of 2021

4y

Turkey inflation rate reaches highest level in 20 years

Statistics agency reports consumer prices surge by 48.7% from January last year

4y

Tokyo stock market drops as concern over Ukraine situation grows

Nikkei 225 index falls by 242.42 points while Topix index declines by 9.19 points

4y

Spotify shares drop on slower growth projection amid Joe Rogan controversy

Music streaming service predicts Q1 2022 gross profit margin to fall 25 percent from 26.5 percent

4y

Huawei opens largest overseas store in Riyadh

Flagship store spans over 2000 square metres and allows visitors experience company’s latest smart devices and 5G technologies

4y

US private hiring slumps in ominous labour market sign

Private employment falls by 301,000 in January, according to payroll services firm ADP

4y

Facebook parent Meta’s profit slips as problems pile up

Its US$10.3-billion quarterly profit, slightly lower number of daily users fall short of expectations

4y

Telenor profits fall in 2021 due to Myanmar divestment

Plunging profitability of subsidiary in country accounts for almost half the drop

4y

Eurozone inflation rises to new record high of 5.1%

Reopening of economies causing steep energy prices, says European Central Bank chief

4y

Sony hikes annual profit forecast on film, gaming success

Japanese giant flexes muscles after US rival Microsoft bought Activision Blizzard in landmark US$69 billion deal

4y

Asian markets extend rally as optimism returns to trading floors

Fed officials’ comments, strong corporate earnings lift sentiment