4y

Bank of England on guard against spiking inflation

Lender’s monetary policy committee likely to keep key rate at record-low 0.1%

4y

Supply snarls may cost carmakers US$210 bil this year

Semiconductor shortage just part of the problem, says consulting firm Alixpartners

4y

Govt revenue up 4.6% to RM106.4 bil in H1 2021

But this falls below Budget 2021 estimate

4y

Dairy titan Fonterra stays in black despite pandemic

Company logs NZ$599 mil net profit for 12 months to July 31

4y

Xiaomi denies phones censor users after Lithuania report

Mi 10T 5G software turned off for EU region, but can be activated remotely at any time, says cybersecurity agency

4y

Schroepfer to step down as Facebook chief tech officer

Post will be taken up next year by company veteran Andrew Bosworth

4y

Bursa opens higher, ringgit continues decline

Market breadth on local bourse positive, with gainers outpacing losers 334 to 159

4y

Wall Street rallies after Evergrande reassurances

Federal Reserve keeps interest rates low, as expected

4y

Philippines’ lower house approves VAT for big tech firms

Foreign-based digital service providers will be required to assess, collect, remit 12% tax on transactions that go through their platform

4y

In rare move, Japan regulator to oversee tech system at Mizuho

Move follows series of high-profile computer meltdowns this year, including widespread outages at ATMs

4y

DoJ sues to block American Airlines-JetBlue alliance

AGs in 6 states, District of Columbia join suit

4y

SoftBank backs Mnuchin’s US$2.5 bil private equity fund

Japanese conglomerate yet to disclose size of investment

4y

ADB cuts Asia growth forecast on slow vaccine roll-outs

Lender warns of ‘lasting scars’ from Covid-19, says progress on reducing poverty in developing nations set back at least 2 years