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BP takes US$20.3 bil hit last year

British energy major says loss driven by tumbling oil prices, significant impairments and exploration write-offs

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SP Setia announces leadership transition

In Bursa Malaysia filing developer says changing of guard to take place in October to smoothen transition

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Eurozone economy shrinks less than expected in 2020

The better than expected figure for 2020 comes largely from a better performance in Germany 

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Govt’s financial standing remains strong: Tengku Zafrul

Finance minister says foreign inflows into bond market reflect confidence in country’s policies, direction

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January rubber production incentive activated

Smallholders to make claims by this month amid low rubber prices

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LTAT shelves Boustead privatisation plan

Fund says Covid-19 induced economic challenges forces halt to proposal

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German chemicals giant Bayer to produce Curevac vaccine

Company aims to produce 160 million doses in the first 12 months of next year

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Optimism returns as Asian, European markets lifted

Sentiment buoyed after last week’s sea of red, but virus woes cast shadow over gains

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Bursa Malaysia one of the top-performing bourses in region last year: Wahid

It records 2.4% growth in 2020, says chairman

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Italy’s GDP shrinks 8.9% in 2020: stats agency

Biggest contraction since the end of World War II

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AirAsia delivery service eyes Penang, Jakarta, Bangkok markets

Airasia fresh seeking more merchants to join initiative

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Bintai Kinden unit inks maiden deal to supply freezer boxes to store Covid-19 vaccine

Company expects agreement to contribute positively towards future earnings 

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India spends big to revive pandemic-hit economy

Country’s unveils massive spending plan focused on healthcare and infrastructure, expects economy to contract 7.7% in 2020-21