4y

Daimler lowers car sales outlook on chip shortage

Mercedes-Benz unit sales in 2021 expected to be ‘at prior-year level’ after earlier prediction of improvement on 2020

4y

CIMB Thai Bank records 954.8 mil baht net profit for 6M2021

Lower result mainly from 19.1% y-o-y increase in expected credit losses, says CEO

4y

MACC investigating MAHB over Covid-19 contract

National airport operator, however, denies commission also looking into aerotrain tender

4y

Maybank Islamic launches comprehensive Islamic wealth management solution

CEO says solution covers all elements, namely wealth creation, accumulation, protection, purification, and distribution

4y

FMM hopes govt allows non-essential sector to resume at 50% capacity

Extremely precarious situation adds risk of collapsing, possible high unemployment if restrictions continue indefinitely, says president

4y

Bursa slightly higher at open on Wall Street gains

Ringgit eases against greenback over Covid-19 Delta variant fears

4y

Electrolux to up prices as raw material costs rise

Home appliance giant, like many other manufacturers, sees production hobbled by global semiconductor shortage

4y

Selangor lowers 2021 FDI target to RM13 bil in view of pandemic

MB says state records RM9 bil in such investments up to April despite challenging economic environment

4y

ADB lowers 2021 growth outlook for developing Asia to 7.2%

Outlook for next year, however, upgraded to 5.4% from 5.3% set earlier

4y

Asian markets extend global retreat over Delta fears

Selling also blamed on other factors, including lingering worries about possible central bank policy tightening, profit-taking

4y

S. Korea to lift, lower tariffs on 95% imports from Indonesia, Israel

This follows the implementation of trade deals

4y

Fewer women than men to regain jobs in Covid-19 recovery: ILO

There will be 13 million fewer women employed this year than in 2019

4y

Calling US inflation ‘temporary’, Biden pushes more spending

One of the best ways to keep the American economy on track is for Congress to green-light additional federal spending, says president