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Business 26 Jul 2019 | 12:00 AM

Hedge funds help fuel SEA consumer lending boom

SINGAPORE: A small but rising number of hedge funds are being established to help finance the boom in online and peer-to-peer lending across South-East Asia.

Business 26 Jul 2019 | 1:36 AM

KLCI in the red despite gains in Genting stocks

KUALA LUMPUR: The FBM KLCI fell in early Friday trade, in line with the cautious key Asian markets after the overnight decline on Wall Street but Genting Malaysia and Genting helped cushion the decline.

Business 26 Jul 2019 | 6:03 AM

KIP REIT FY19 net profit lower at RM34m

KUALA LUMPUR: KIP Real Estate Investment Trust (REIT) posted lower net profit of RM34.05mil in the fiscal year ended June 30, 2019 due to higher borrowing costs and also higher management fees and sees a challenging second half for the retail industry.

Business 26 Jul 2019 | 8:36 AM

Nissan to cut 12,500 jobs as its profit plunges

Eight months after Ghosn’s arrest, company struggles to turn corner as festering problems in the U.S. worsen

Business 27 Jul 2019 | 12:00 AM Premium

KIP REIT continues to bank on mass market

Real estate investment trusts (REITs) are increasingly getting on investors’ radars due to a scramble for yield in the current low interest rate environment.

Business 28 Jul 2019 | 12:06 PM

Britain ramps up preparations for no-deal Brexit

LONDON: The British government is working on the assumption that the European Union will not renegotiate its Brexit deal and is ramping up preparations to leave the bloc on Oct. 31 without an agreement, senior ministers said on Sunday.

SMEBiz 29 Jul 2019 | 12:00 AM

Training the trainers

ALTHOUGH their passion for fitness started as a personal choice for a healthier lifestyle, the duo behind iConFIT has found that there is much to do when it comes to making a business out of staying fit.

Business 29 Jul 2019 | 12:00 AM

Jack Ma’s US$290bil loan machine is changing Chinese banking

SHANGHAI: Jack Ma’s online bank is leading a quiet revolution in the way China lends to small businesses, taking aim at a credit bottleneck that has held back Asia’s largest economy for decades.