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PETALING JAYA: As the Covid-19 pandemic continues to wreak havoc on businesses across the globe, retailer Laura Ashley, which is controlled by Malayan United Industries Bhd (MUI), has filed for administration in the UK.
The new Prime Minister needs to move fast to spur growth and lay the foundation for a better tomorrow
THE political stalemate in the country will undoubtedly leave scars so deep among the investment community that it would take years to heal.
KUALA LUMPUR: AmBank Research expects volatility on Bursa Malaysia to remain strong driven by the global spread of the Covid-19 coronavirus and the collapse of the Pakatan Harapan (PH) government.
HSBC said last August it will appoint a new CEO within six to twelve months following the shock ouster of John Flint, with his interim replacement Noel Quinn the internal candidate and favorite for the role.
FRANKFURT: The Credit Suisse spying debacle risks tipping the bank into a crisis that could engulf its top executives.
PETALING JAYA: Heng Huat Resources Group Bhd executive chairman Ooi Chieng Sim has been remanded by the police to assist with investigations pertaining to developments surrounding ATTA Global Group Bhd, in which Ooi is also the executive chairman.
KUALA LUMPUR: Shares of London Biscuits Bhd fell to a record low of two sen in early Wednesday trade as it faces imminent trading suspension.
PETALING JAYA: The government should reevaluate the necessity of holding golden shares in government-linked companies (GLCs) and take a step back from the control it exerts over some of these companies, experts said.
KUALA LUMPUR: The government will do away with holding golden shares in government-linked companies (GLCs), if necessary, said Prime Minister Tun Dr Mahathir Mohamad.