5y

Crown Resorts says received takeover bid from Blackstone

Tainted casino operator says bid is for A$11.84 per share, with offer valued at A$8 bil

5y

Ikea France goes on trial for spying on staff

Company faces a fine of up to €3.75 million

5y

Unemployment rate to stabilise by mid-year: Tok Pa

Percentage in January was 4.9%, lower than May last year at 5.3%, says minister

5y

Energy titan Saudi Aramco sees 44.4% slide in 2020 profit

Company registers net income of US$49 billion, down from 2019’s US$88.2 billion

5y

Congested ports and supply chain woes hit US factories and stores

Cold snap leading to manufacturing chaos, resulting in consumers feeling the crunch

5y

Customs Dept targets RM40 bil from taxes this year: Tengku Zafrul

Finance minister confident department can achieve target, says GDP expected to increase by between 6.5% to 7.5%

5y

China’s stepped-up curbs cut Big Tech down to size

Escalating crackdown largely draws shrugs from consumers, however, as it’s widely viewed as needed

5y

‘Businesses need to tweak strategies amid abundant govt assistance’

Bank Islam chief economist says diversification needed to sustain enterprises in the long run as economy recovers

5y

Peru reaches deal with striking transport unions over fuel prices

State-owned Petroperu will make diesel cheaper, while fuel will be subsidised by special fund protecting against volatility

5y

Ringgit trade to be cautious against greenback next week

At the same time, short-term rates expected to remain stable on Bank Negara Malaysia’s operations

5y

Overworked Goldman Sachs bankers plead for no more than 80-hour work week

Employees say they work an average of 98 hours a week, generally go to bed around 3am

5y

Bank of Japan holds negative rates, tweaks easing policy

BoJ also drops intervention target for Tokyo stock market, allowing for more purchasing flexibility

5y

Miti to aid in rebuilding M’sian aerospace industry

RM50 mil allocation under Pemerkasa will further support recovery, says deputy minister