5y

Asian markets sink again as virus, stimulus, election fan fears

There are worries that a second wave of Covid-19 will see the reimposition of strict, economically devastating containment measures

5y

Bursa Malaysia extends losses to open lower

Market analysts noted that the political situation in the country, on top of external factors, has given rise to a heightened sense of uncertainty

5y

Ringgit further declines against US dollar at opening

The political situation combined with external factors contributes to continued uncertainty

5y

Australia’s Westpac bank agrees record fine for money-laundering

It has to fork out RM3.85 billion for more than 23 million breaches of banking law

5y

Wells Fargo CEO sorry for ‘insensitive’ comments on race

Critics have alluded them to earlier lending discrimination settlements and other scandals

5y

Carmakers sue US govt over tariffs on Chinese imports

Tesla, Volvo, Ford and Mercedes Benz demanding customs duties paid on imports be returned with interest

5y

Asia markets mixed as virus worries temper strong Wall St lead

Leaders are fighting to prevent another explosion of cases that forced economically devastating national lockdowns around the world earlier in the year

5y

Malaysia mulls carbon tax to fight climate change

Govt revising Environmental Quality Act to mandate greenhouse gas management and reporting

5y

MTT to build Penang’s first integrated senior living resort

The RM180 million project will be situated in Balik Pulau

5y

Luckin Coffee, associated firms fined US$9 mil over fake sales

It boosted transactions last year by US$330 million and inflated its revenue

5y

Malakoff to buy Melaka land for renewable energy projects

The 71ha plot in Alor Gajah will cost the utility group RM150 million

5y

Tesla teases big news on ‘Battery Day’

Elon Musk is expected to unveil mega batteries after shareholders’ meeting

5y

Maybank, Public Bank on upswing at Bursa opening

Counters of glove makers are on the downtrend