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Markets 15 Mar 2019 | 7:45 AM Premium

China stocks climb on premier's growth support pledge

HONG KONG: The Chinese stock market closed higher on Friday after Premier Li Keqiang vowed strong measures to boost slowing economic growth.

Economy 15 Mar 2019 | 4:21 AM Premium

Premier says China can use reserve requirements, interest rates to support economy

BEIJING: China can use reserve requirements and interest rates to support economic growth, Premier Li Keqiang said on Friday, promising efforts to prevent a sharper deceleration as the world's second-biggest economy expands at its slowest pace in almost three decades.

Economy 07 Mar 2019 | 6:54 AM Premium

China says higher 2019 budget deficit will spur growth, won't open floodgates

BEIJING: China's decision to increase its budget deficit ratio to 2.8 percent this year from 2.6 percent in 2018 is appropriate for the economy, and leaves room for policymakers to manoeuvre, Finance Minister Liu Kun said on Thursday.

Economy 05 Mar 2019 | 8:17 AM Premium

China to slash taxes, boost lending to prop up slowing economy

BEIJING: China sought to shore up its slowing economy through billions of dollars in planned tax cuts and infrastructure spending, with economic growth at its weakest in almost 30 years due to weaker domestic demand and a trade war with the United States.

Economy 04 Mar 2019 | 10:51 AM Premium

China plans US$90b cut in VAT for manufacturers

BEIJING: China is planning to cut the value-added tax rate that covers the manufacturing sector by 3 percentage points as part of measures to support the slowing economy, a person familiar with the matter said.

Nation 02 Mar 2019 | 12:00 AM Premium

VAT 69 commandoes’ families proud of their sacrifices

IPOH: The families of the two Very Able Troopers (VAT) 69 commandoes, who were killed during the Lahad Datu intrusion and Semporna gunfight, are happy that their sacrifices were not in vain.

Nation 01 Mar 2019 | 6:51 AM Premium

Fallen heroes of Lahad Datu intrusion remembered

IPOH: The younger generation should always be reminded of the sacrifices made by the armed Forces and not take the country's peace and harmony for granted, says former Inspector-General of Police Tan Sri Ismail Omar.

Nation 27 Feb 2019 | 12:00 AM Premium

I may sell durians when I retire, says Fuzi

KUALA LUMPUR: Tan Sri Mohamad Fuzi Harun is unfazed by the prospect of retirement and jokes that he may even sell durians.

Nation 26 Feb 2019 | 12:00 AM Premium

Six years on, VAT 69 leader cannot forget battling intrusion in Sabah

IPOH: Six years on since the Lahad Datu and Semporna intrusion, VAT 69 deputy commander Asst Comm Abd Rani Alias can vividly recall the battle that took place at Kampung Tanduo, Sabah.

TECH 25 Feb 2019 | 7:59 AM Premium

Egypt’s top administrative court lifts ban on Uber, Careem services

Egypt's top administrative court on Saturday lifted a ban on operations by ride-hailing companies Uber and Careem, which have faced fierce opposition from traditional taxi drivers, a judicial source and lawyer said.