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Hong Kong leader Carrie Lam delivers policy address

HONG KONG (Reuters) - The following are highlights of Hong Kong leader Carrie Lam's second annual policy address on Wednesday, mapping out her priorities for the former British colony which returned to Chinese rule in 1997.

Google appeals US$5bil EU fine in Android antitrust case

Google has appealed a record US$5bil (RM20.76bil) antitrust fine by European Union authorities, who say the tech giant abused the dominance of its Android operating system to stifle competitors.

Most housing units launched in H1 cost RM500,000 and below

PETALING JAYA: The proportion of residential properties launched in the price range of RM500,000 and below experienced a jump to 65 per cent of total launches in the first half of this year (H1 2018) compared with 52 per cent in the second half of 2017, according to a Real Estate and Housing Developers’ Association Malaysia (Rehda) survey.

KLCI stumbles over 30pts in late afternoon on new taxes fears

KUALA LUMPUR: Foreign fund selling hammered blue chips as worries about higher taxes – such a capital gains tax – cast a pall of gloom over the stock market on Wednesday, with the losses outpacing the regional markets.

Tencent is no longer one of the world's 10 biggest companies

HONG KONG: More bad news for Tencent Holdings Ltd.: the Chinese Internet giant has lost its spot as one of the world’s 10 biggest companies.

Egypt’s first smartphone maker plans expansion in Africa

Egypt's first smartphone maker is looking to enter the broader African market by the end of 2018 or early 2019 as it seeks to boost exports, its sales director said.

Tencent no longer one of the world's 10 biggest companies

HONG KONG: More bad news for Tencent Holdings Ltd.: the Chinese Internet giant has lost its spot as one of the world’s 10 biggest companies.

Singapore will help crypto firms set up local bank accounts

SINGAPORE: Singapore’s financial regulator is willing to lend a hand to cryptocurrency firms having problems setting up local bank accounts, but doesn’t plan to loosen its rules to lure more crypto startups to the country.

Tencent is no longer one of the world’s 10 biggest companies

HONG KONG: More bad news for Tencent Holdings Ltd.: the Chinese Internet giant has lost its spot as one of the world’s 10 biggest companies.

U.N. envoy Haley is latest in parade of White House departees

WASHINGTON (Reuters) - Nikki Haley became the latest senior official to exit the Trump administration when she said on Tuesday she will resign at year-end as U.S. ambassador to the United Nations.