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Business 24 Apr 2019 | 12:00 AM

Texchem to invest RM36mil for expansion this year

GEORGE TOWN: Texchem Resources Bhd will spend about RM36mil to expand its business divisions this year.

Business 25 Apr 2019 | 12:00 AM

Malaysia Debt Ventures plans to issue bonds next year

BUTTERWORTH: Malaysia Debt Ventures Bhd (MDV) plans to issue bonds next year to reduce its dependency on government guaranteed loans.

Business 29 Apr 2019 | 12:00 AM

Penang manufacturers feel the heat

GEORGE TOWN: Impacted by the global economic slowdown and US-China trade war, the manufacturing sector in Penang is already feeling the heat, with some factories suspending operations and downsizing their workforce, according to InvestPenang director Datuk Seri Lee Kah Choon.

Business 30 Apr 2019 | 3:07 AM

China manufacturing gauge slips in April as recovery moderates

BEIJING: The first official gauge of China’s manufacturing sector fell in April, signaling that the economic stabilisation seen in the first quarter remains fragile.

Business 02 May 2019 | 12:00 AM

Life on Milken’s edges: After-parties, yoga at dawn

NEW YORK: Ivanka and Jared. Sun King splendour and SoCal chic. Soft breezes – and hard numbers. Yes, this must be Milken Fest.

Business 02 May 2019 | 12:00 AM

Einhorn’s Greenlight fund up 19% on April gain

New York: Greenlight Capital, the hedge fund firm led by David Einhorn, returned 6.6% in April, rebounding from its loss in March.

Business 02 May 2019 | 12:00 AM

Rebound seen in smartphone sales; boost for some M'sian tech firms

PETALING JAYA: Apple Inc and Samsung Electronics Co Ltd have posted results that are above and in line with street guidance, with investors now turning more bullish despite lower smartphone sales and slowing memory chip demand.

Business 03 May 2019 | 12:00 AM

AMP unit posts big increase in cash outflows

SYDNEY: Australia’s oldest wealth manager, AMP Ltd, posted a near nine-fold increase in cash outflows at its wealth management unit in the wake of damaging revelations of misconduct, sending its shares down sharply.

Business 03 May 2019 | 12:09 AM Premium

Facebook building cryptocurrency-based payments system

Social-media giant is recruiting financial firms, merchants to help launch payments platform

Business 03 May 2019 | 1:35 AM

Asian markets calm as investors await US jobs report

SYDNEY: Asian share markets were subdued on Friday amid thin holiday trade although the dollar found support as investors pared expectations for a U.S. rate cut this year while oil prices loitered near one-month lows on oversupply fears.