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Business 18 Jun 2019 | 8:17 AM

Aussie weakens as RBA minutes signal further easing

TOKYO: Australia’s dollar slipped to a five-month low after minutes from the central bank’s latest policy meeting showed it is likely to lower interest rates again.

TECH 11 Jun 2019 | 6:30 AM

Cubans left frustrated by slow and costly Internet rollout

Six months on from the euphoria that greeted full Internet access for mobile phones on the communist-run island, frustrated Cubans complain it is too expensive, too slow and crippled by government censorship.

Business 29 May 2019 | 12:00 AM

Norway’s oil industry eyes 17% growth in investments this year

OSLO: Oil and gas companies working in Norway have hiked their 2019 and 2020 investment forecasts as they add more field development plans, a survey by the country’s statistics agency (SSB) showed.

Business 28 May 2019 | 8:14 AM

Norway’s oil industry eyes 17% growth in 2019 investments

OSLO: Oil and gas companies working in Norway have hiked their 2019 and 2020 investment forecasts as they add more field development plans, a survey by the country’s statistics agency (SSB) showed on Tuesday.

Business 03 May 2019 | 8:48 AM

Economists split on whether Bank Negara will cut key rate on May 7

KUALA LUMPUR: Malaysia's central bank is likely to cut its benchmark rate to 3% at a policy review on Tuesday to cope with a slowdown in growth, a slim majority of analysts in a Reuters poll said.

Corporate News 13 Mar 2019 | 12:07 AM

Norwegian fund may exit O&G exploration firms

PETALING JAYA: Hibiscus Petroleum Bhd and Reach Energy Bhd will likely lose Norway’s sovereign wealth fund as a shareholder as the latter is considering an exit from its global investment in oil and gas (O&G) exploration and production (E&P) companies.

Corporate News 08 Nov 2018 | 12:10 AM

Big investors sue 16 banks in US over currency market rigging

NEW YORK: A group of large institutional investors including BlackRock Inc and Allianz SE's Pacific Investment Management Co has sued 16 major banks, accusing them of rigging prices in the roughly US$5.1 trillion-a-day foreign exchange market.