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HONG KONG: China’s Geely Automobile Holdings has withdrawn its bid to acquire a controlling stake in Malaysian automaker Proton, Geely’s president, An Conghui has told the South China Morning Post.
KUALA LUMPUR: Petronas Carigali Sdn Bhd has awarded Uzma Bhd’s subsidiary, Uzma Engineering Sdn Bhd (UESB), a contract for the provision of fishing equipment and services.
NEW YORK: Wall Street ended mixed after a choppy session on Wednesday as investors focused on President Donald Trump's struggle to push through a healthcare bill and snapped up stocks after a steep drop the day before
KUALA LUMPUR: Malaysian palm oil futures hit a near two-week high on Wednesday, marking a second straight day of gains amid an uncertain production outlook and forecasts for a soyoil rally. Palm oil production typically rises in March from February.
WASHINGTON (Reuters) - The Senate Judiciary Committee's top Democrat voiced frustration on Wednesday at U.S. Supreme Court selection Neil Gorsuch's elusive answers to questions on major legal issues, though his nomination appeared to be moving forward smoothly.
WASHINGTON (Reuters) - R. Alexander Acosta, tapped by President Donald Trump to head the U.S. Labor Department, on Wednesday told a Senate panel he had reservations about an overtime rule put in place by the Obama administration, saying its effect on the economy needed to be considered.
US prosecutors are building potential cases that would accuse North Korea of directing the theft of US$81mil (RM358.6mil) from Bangladesh Bank's account at the Federal Reserve Bank of New York last year.