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February 04, 2023 Business
Kuala Lumpur: Malaysia’s economy is projected to grow at a more moderate pace of 4.0 per cent this year, with domestic private sector spending is expected to be the main driver of growth amid an expected slowdown in external demand.
February 04, 2023 Business
busan: AirAsia Aviation Group’s medium-haul affiliate airline, AirAsia X Bhd (AAX), plans to have seven flights to Busan per week by year-end to strengthen its foothold in South Korea.
February 03, 2023 Business
Kuala Lumpur: Bursa Malaysia rode on the upbeat sentiment on Wall Street to usher in the new day on a positive note but the ringgit lost its momentum to retreat against the US dollar when the markets opened today.
February 02, 2023 Business
Kuala Lumpur: Bursa Malaysia and the ringgit returned from a day’s break to recover losses from early in the week.
February 01, 2023 Business
Kuala Lumpur: Perusahaan Otomobil Kedua Sdn Bhd (Perodua) has allocated RM1.15 billion in capital expenditure (capex) this year for business expansion and to improve group operations.
February 01, 2023 Business
SEOUL: Samsung Electronics said Tuesday that its fourth-quarter operating profits plunged nearly 70 percent, the biggest drop in more than eight years, as the global economic slowdown dealt a blow to electronics and chips sales.
January 31, 2023 Business
Kuala Lumpur: The ringgit reversed a seven-day advance against the US dollar to open lower today as the greenback gained strength ahead of a decision on interest rate this week.
January 31, 2023 Business
HONG KONG: Alibaba Group Holding’s biggest selloff in three months is underscoring investor concern that China’s consumer recovery may fail to meet lofty expectations.
January 31, 2023 Business
TOKYO: Japan’s Toyota was the world’s top-selling automaker in 2022, retaining its lead over German rival Volkswagen for the third year, company data showed Monday.
January 30, 2023 Business
TOKYO: Japanese automaker Nissan Motor and its French partner Renault have reached an agreement to reduce the latter’s stake in Nissan, Nikkei learned Monday.
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