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Wall Street flat as earnings offset inflation jitters

NEW YORK: Wall Street closed nearly flat on Friday as inflation worries and struggling technology and energy stocks were offset by an advance in the consumer discretionary sector led by Amazon

Malaysian palm oil price hits over one-week low ahead of industry data

KUALA LUMPUR:Malaysian palm oil futures slipped for a fourth session in five on Friday evening after earlier trading in a range, as traders awaited upcoming industry data and forecasts from leading analysts.

Greek parliament cannot investigate Novartis case, committee says

ATHENS (Reuters) - Greece's parliament has no jurisdiction to investigate the role of 10 politicians in alleged bribes by Swiss drugmaker Novartis , a parliamentary committee has decided.

‘Auto sector will be hit if China deals axed’

PEKAN: The country’s automotive industry will be affected if the Opposition tries to end its contracts with China, said Prime Minister Datuk Seri Najib Tun Razak.

Recovery in crude oil prices yet to have big impact on players

CRUDE oil prices may be on a steady recovery path but sentiment surrounding the local oil and gas (O&G) sector is still gloomy.

Sinar Harian joins Malaysia Premium Publishers Marketplace

SINAR Harian has become the latest member to join the Malaysia Premium Publishers Marketplace (MPPM), a publisher cooperative that aims to enhance brand safety, establish standards to protect the interest of advertisers, provide better transparency and improve viewability.

Penang’s heritage property conundrum

THE selling price of heritage properties in George Town is expected to consolidate between RM550 per sq ft (psf) and RM1,800 psf because interest from overseas investors has waned due to unattractive rental yields and high asking price.

Trump's known unknowns are clouding tech hardware values

THE ground is shaking. After the US slapped ZTE Corp with a seven-year ban on component purchases from American suppliers, no one knows how to value China’s technology hardware companies any more.

Why innovation tends to bypass economics

THIS article was adapted from a speech given at the InvestmentNews “Innovation Summit” in New York, where the author received an “Icons and Innovators” award.

How the best property deals came about

APART from the 14th general election, the other big news in the local business scene was the sale of 37 high-end residential properties in the prestigious address of Bukit Damansara.