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

4y

Google parent Alphabet nearly doubles annual profit

Tech giant earns net income of US$76 billion last year, compared to US$40 billion in 2020

4y

General Motors sees solid 2022 on strong demand, improving chip supply

Executives have cited robust consumer hunger for new vehicles

4y

TotalEnergies seeks to revive US$20 bil Mozambique gas project

Company had originally planned for its LNG facility to start producing in 2024

4y

Huawei takes Sweden to court following 5G ban

The move by Stockholm has significantly harmed the company’s investment in the country, notes the firm

4y

Bursa Malaysia turns higher after opening lower

Meanwhile, renewed buying interest drives ringgit higher at opening  

4y

Sime Darby Property campaign records sales booking worth RM1.83 bil

Newly launched products contributed most with 81% take-up, says company

4y

China factory activity slips in January amid Covid-19 outbreaks

Slowdown particularly severe for small firms, one economist says

4y

VAT Group’s Penang extension to contribute 50% of group production worldwide

New 3.92ha plant estimated to create 500 jobs, says company

4y

Hopes abound for Penang’s fierce recovery in Year of the Tiger

Chief Minister Chow Kon Yeow pins aspirations on partnership with China for state to make strides in tourism, digital industries

4y

Hewlett Packard wins billion-dollar fraud case in UK

US tech giant maintains that execs of firm it acquired in 2011 inflated its value