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Nation

A sports complex to pamper women

PUCHONG: Malaysia is to have its first women-friendly sports complex that will have amenities such as a children’s nursery, spa and beauty salon, says Housing and Local Government Minister Zuraida Kamaruddin.

Business

New housing policy 2.0 in Sept likely to focus on reducing prices

KUALA LUMPUR: The new national housing policy 2.0 expected to be announced in September will focus on reducing house prices by lowering the compliance costs.

Business

Small-cap stocks rebound after falling 24%

PETALING JAYA: Stocks with a small market capitalisation on Bursa Malaysia, or small-cap stocks, have clawed back some of the losses they have seen since the start of the year as market sentiment improves. After falling 24% year-to-date, FBM Small Cap Index recovers

Business

Trump’s trade policy darkens German corporate mood

BERLIN: German business confidence dipped in July, suggesting a slew of risks, including the threat of US tariffs on cars and car parts, is starting to unsettle company executives in Europe’s largest economy.

Nation

‘Long-term solution needed on foreign labour’

JOHOR BARU: The Government should come out with a long-term solution for small and medium enterprises (SMEs) to hire foreign workers, according to its past head.

Letters

Craft a needs-based policy

From TAN SRI MOHD SHERIFF MOHD KASSIM, Kuala Lumpur.

Business

UBS bucks trend, keeps US$2mil bar for rich clients

HONG KONG: UBS Group AG has no plans to follow other banks and raise the US$2mil threshold for access to its private banking services, the Swiss bank’s China head of global wealth management said.

Business

Saudis borrow more as govt’s austerity programme bites

RIYADH: Saudi nationals are borrowing two to three times more money than last year as government moves to shore up public finances push living costs through the roof.

Business

Buy yen in crisis? Not this year

LONDON: The trade is familiar to investors worldwide: in times of turmoil, rush for cover by buying the Japanese yen.

Nation

Activists: Govt must have political will to ban act

KUALA LUMPUR: A Syarie lawyers’ association has agreed for a standard operating procedure (SOP) for child marriage under Syariah law but activists say the Government must have the political will to ban it.