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Business 27 Jul 2019 | 12:00 AM Premium

Oil ekes out weekly gain as US stockpiles fall

SINGAPORE: Oil is set for a weekly increase as US crude stockpiles tighten and as lingering tensions surrounding Iran stoke concerns that energy flows from the Middle East may be disrupted.

Business 26 Jul 2019 | 10:24 PM Premium

Oil price up on US economic data, Gulf crude tanker dispute

NEW YORK: Oil prices inched up on Friday, ending the week higher after stronger-than-expected U.S. economic data brightened the crude demand outlook and concerns over the safety of oil transport around the Strait of Hormuz threatened supply.

All the pieces matter 26 Jul 2019 | 4:55 AM Premium

Anwar? Azmin? How should we choose our next PM?

What kind of democracy and behaviour does our current political system incentivise?

Business 26 Jul 2019 | 2:14 AM Premium

Ringgit slips against US$ following hold on ECB policy rate

KUALA LUMPUR: The ringgit was lower against the US dollar in the early session today as buying sentiment for the local note was hampered by a stronger greenback.

Business 26 Jul 2019 | 1:19 AM Premium

Illicit cigarettes, vape clouding BAT's near-term outlook

KUALA LUMPUR: Affin Hwang Capital research expects an uncertain near-term outlook for British American Tobacco Bhd due to the second wave of vape products and the increase in fake tax stamps in the market.

Business 26 Jul 2019 | 12:00 AM Premium

BAT reports RM77mil profit for second quarter

PETALING JAYA: British American Tobacco (M) Bhd (BAT) recorded a 32% lower net profit of RM77.2mil for the second quarter ended June 30, 2019 (Q2’19) as it continues to be affected by illegal cigarette trade and rising operating expenses.

#Abidinideas 26 Jul 2019 | 12:00 AM Premium

Lessons from abroad

VISITING a new country brings a degree of caution: regardless of how much research you do beforehand, nothing really prepares you for the actual sounds, sights and smells that await, ready to overturn assumptions. It’s particularly disorienting if a youthful imagination has taken hold before arriving: when I first visited London as a child, I was expecting to see streets paved with gold, so taken was I by the story of Dick Whittington and his cat.

Business 26 Jul 2019 | 12:00 AM Premium

Hong Kongers scout for Canada, UK properties

TORONTO: As protests continue to rock Hong Kong, real estate brokers in Canada and the UK are fielding a flood of inquiries from investors in the former British colony who are eager to get out.

Business 26 Jul 2019 | 12:00 AM Premium

Returns from Malaysian bonds and sukuk still attractive

KUALA LUMPUR: Malaysia’s bonds and sukuk remain attractive for investors looking for value, says Bond Pricing Agency Malaysia (BPAM).

Business 25 Jul 2019 | 12:59 AM Premium

Facebook to pay record US$5bil US fine over privacy, faces antitrust probe

WASHINGTON: Facebook Inc will pay a record-breaking $5 billion fine to resolve a government probe into its privacy practices and will boost safeguards on user data, the U.S. Federal Trade Commission and the social media company said on Wednesday