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Asian shares cheered by Brexit deal hopes, sterling shines
SYDNEY: Asian shares took off on Wednesday and sterling held near six-month highs as Britain and the EU made headway on a Brexit deal ahead of a leaders' summit though it remained unclear if London could avoid postponing its scheduled departure on Oct 31.
Crawfish craze keeps industry on a roll
SEAFOOD-SAVVY Chinese are eating more crawfish at restaurants and through e-commerce purchases. Resembling small lobsters, the delicacy has been quite popular on Chinese dining tables and for late-night snacks over the years.
Topsports expected to raise US$1bil in Hong Kong IPO
HONG KONG: Chinese sportswear manufacturer Topsports International Holdings Ltd is on course to raise $1 billion with its shares expected to price at HK$8.50 in an Hong Kong initial public offering, people with knowledge of the matter said..
China's online learning platform Youdao files for US IPO
NEW YORK: Youdao, an intelligent learning firm of China's internet giant NetEase, filed for an initial public offering (IPO) with the U.S. Securities and Exchange Commission late Monday, the company said in its latest prospectus.
Britain and EU spar over Brexit as clock ticks down
LONDON/BRUSSELS: Britain said on Friday a Brexit deal with the European Union could be reached at a summit next month, but EU member Ireland said the sides were far from agreement and London had not yet made serious proposals.
Proton's strong comeback, only player with 2-digit growth
PETALING JAYA: National carmaker Proton Holdings Bhd is the only automotive player to register double-digit sales growth of nearly 50% in the first seven months of this year as demand for most non-national marques sees negative growth
Julie’s targets RM500mil export earnings next year
KUALA LUMPUR: Homegrown biscuit maker Julie’s Manufacturing Sdn Bhd is targeting to hit RM500mil in export earnings next year.
Tycoon woos Amazon, Google with data hubs
NEW DELHI: A string of successful bets on ports, mining and commodities helped transform Gautam Adani (pic) from a nondescript diamond trader into a tycoon with a net worth of US$10bil.
Homemakers exploit opportunities in O2O era
DEMAND for homemaking services among Chinese families is surging in China, promising to spawn an online-to-offline (O2O) market worth more than 200 billion yuan (RM120bil) in annual sales revenue, insiders said.
Moderate auto sector growth seen
PETALING JAYA: Automotive growth is expected to remain moderate for the rest of 2019, with the commercial vehicle segment expected to see better traction driven by growth in foreign direct investments, improvements in bank lending rates and positive growth in the key contributing sectors.
