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Business 27 Jun 2019 | 12:16 AM Premium

Companies dodge US tariffs on China by rerouting goods

Data from Vietnam show surges in both imports from China and exports to the US, highlighting how transshipment circumvents levies

Business 26 Jun 2019 | 12:06 PM

Kazakh leader to wipe out debt of the poor, end bank rescues

Nur-Sultan, Kazakhstan (Bloomberg): Kazakh President Kassym-Jomart Tokayev said he’ll write off bad loans held by as much as a sixth of the central Asian country’s population, while signaling a sharp change in policy to end costly state bailouts of private banks.

Business 25 Jun 2019 | 12:29 AM

For Japan Inc, discretion is the better part of activist valour

TOKYO: As Japan enters the busiest period of its annual general meeting season, shareholders will submit a record number of proposals to companies amid signs activist efforts to instigate change among conservative corporates are bearing fruit.

SMEBiz 24 Jun 2019 | 12:00 AM

Complaints grow over social media influencers

FOR 29-year-old office worker surnamed Jang, buying a dress from a popular Instagram influencer who has some 4,000 followers was a money-losing proposition and regretful shopping experience.

Business 20 Jun 2019 | 5:37 AM

Tracking growing impact of Trump’s tariffs

WASHINGTON: With President Donald Trump and his Chinese counterpart Xi Jinping expected to meet at the G-20 summit in Osaka, there’s growing evidence that the trade war is eroding not just short-term growth but also longer-term prospects.

Business 20 Jun 2019 | 12:00 AM

MAHB shares rally on Mavcom proposal

PETALING JAYA: Malaysia Airports Holdings Bhd (MAHB) saw its shares gaining more than 7% or 58 sen to its highest point in six months at RM8.51 after a report said the Malaysian Aviation Commission (Mavcom) has proposed the introduction of a transfer passenger service charge (PSC).

Business 18 Jun 2019 | 9:08 AM

Facebook reveals Libra cryptocurrency, with lofty goals

SAN FRANCISCO/NEW YORK: Facebook Inc revealed plans on Tuesday to launch a cryptocurrency called Libra, the latest development in its effort to expand beyond social networking and move into e-commerce and global payments.

Business 18 Jun 2019 | 12:00 AM

Dissolve state investment arms, says academician

PETALING JAYA: An academician has called on the state governments to dissolve state investment arms, the Menteri Besar Inc (MBI) and Chief Minister Inc (CMI).

Business 15 Jun 2019 | 12:00 AM

Central bank needs to be future-ready

Below are excerpts of StarBizWeek’s interview with Bank Negara governor Datuk Nor Shamsiah Mohd Yunus: