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Business

Australia readies for landmark interest rate cut

Sydney: Australia’s central bank is expected to slash interest rates to historic lows today, the first cut in three years amid global trade concerns and an underperforming domestic economy.

Nation

Wee: Set economic direction

PETALING JAYA: Despite the many praises for the government’s “Shared Prosperity” economic model, Malaysia must address the structural problems in its economy, says MCA president Datuk Seri Dr Wee Ka Siong.

Nation

In conservative Terengganu, PAS holds sway while Pakatan struggles to make inroads

THROUGHOUT its first year in power in Terengganu, PAS' strategy has been to work with its new friend Umno while maintaining a relationship with Pakatan Harapan in Putrajaya.

TECH

Amazon casts itself as friend, not foe, of small businesses

Amazon.com Inc, seeking to portray itself as a job creator fuelling small-business innovation rather than an out-of-control corporate beast that needs to be tamed, said it helped mom-and-pop companies create 1.6 million jobs in 2018, up from 900,000 the year before.

Nation

Gerakan says subsidising fresh grads at work is a bad move

PETALING JAYA: Gerakan has criticised the government's proposal to provide RM6bil in allowances and salaries to assist fresh graduates at work as a "populist attempt" to fish for youth support.

Business

Bank of England to keep rates steady, despite Brexit delay

LONDON: The Bank of England looks set to leave interest rates on hold on Thursday and keep its options open for later in the year when it announces its first policy decision since the postponement of Britain's departure from the European Union

Letters

We can soar with a meritocratic system

From STEVE COYLE of Ampang, Selangor.

World

Portugal marks 45 years of democracy but fight carries on

LISBON (Reuters) - Thousands marched in Portugal on Thursday to celebrate the almost bloodless revolution 45 years ago that ended its four-decade-long dictatorship, while politicians said that economic and social developments had not matched its democratic advance.

AseanPlus News

Hidden, hopeful youth of Wa

PANGHSANG: High up in the eastern mountains of Myanmar bordering China, Wa is one of Asia’s most remote areas – and not an easy place to grow up.

TECH

Philadelphia drivers’ lawsuit a risk to Uber as tech giant prepares to go public

A lawsuit filed by three Philadelphia drivers could pose an existential threat to Uber, the tech giant reported in documents prepared in advance of it becoming a publicly traded company.