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THE plan for an allocation of petrol subsidy that is linked to each vehicle owner’s identity card may be on the back burner or entirely shelved, sources say. This is due to it being too cumbersome to implement, coupled with having a high capital and maintenance costs.
KUALA LUMPUR: Key Asian markets including Bursa Malaysia staged a rebound early Wednesday as investors took heart from the US move to delay tariffs on some Chinese imports, underpinned by gains in Tenaga Nasional and Petronas Chemicals.
FOOD delivery unit SmartBite has raised over RM418,000 via a successful equity crowdfunding campaign, bringing its total investment amount to over RM2.93mil.
NEGATIVE interest rates (NIRs) flies in the face of conventional wisdom (CW) about how financial markets should behave.
NEW YORK: A dramatic US drone strike killed Iran’s most important general. Tehran vowed retribution and oil prices jumped almost 5% as traders rushed to cover the risk of a Middle East war. Then the selling started.
Diseases may cause markets to stumble, but they do not derail the overall trend.
NEW YORK: Wall Street's main stock indexes plummeted and the Dow Jones Industrials crashed 2,000 points on Monday as a 22% slump in oil prices and the rapid spread of the coronavirus amplified fears of a global recession.
From the time tensions over trade between the United States and China began in 2018, China’s furniture exports to the United States became subject to tariffs of up to 25% by 2019, prompting many manufacturers to shift their positions to set up factories in Malaysia, followed by numerous buyers who have transferred orders to Malaysia.