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Insight - Is it time for a balanced conversation about the GST?
As we get closer to the tabling of another Budget, we are beginning to hear murmurs and speculation on whether the government would seek to reintroduce the Goods and Services Tax (GST).
Media, Tech Stocks Rise on Election Day as Investors Predict Biden Win
LOS ANGELES: Wall Street is betting on a defeat for President Trump, as big media and tech stocks rose on Election Day in anticipation of Democratic nominee Joe Biden taking the White House.
Insight - China’s Ant says it’s a tech firm and not a bank
CHINA’S Ant Group, which is about to make the biggest public sale of shares ever, poses a basic conundrum: what kind of company is it – a financial colossus or a tech giant?
China's shock suspension of Ant IPO lauded as necessary by state media
SHANGHAI/HONG KONG: China's shock move to suspend Ant Group's record US$37 billion listing was described as necessary and reasonable by state media as well as by some analysts, even though it came just days before its dual debuts in Shanghai and Hong Kong.
Malindo Air retrenchment to affect 2,600 employees
KUALA LUMPUR: Malindo Air has launched a retrenchment exercise ranging from termination to a year's unpaid leave for 2,647 employees, the human resources ministry said on Wednesday, as the coronavirus pandemic batters the aviation industry.
SC wins insider trading civil suit
KUALA LUMPUR (Bernama) -- The High Court has found that the Securities Commision Malaysia (SC) had successfully proven its claim in a civil suit against Datuk Sreesanthan Eliathamby, 60, for insider trading.
US$1bil bitcoin haul on move, possibly with Silk Road tie
LONDON: Almost US$1bil worth of bitcoin that likely originated from Silk Road is on the move, according to blockchain tracker Elliptic.
Indonesia says ‘worst is over’ after Q3 GDP fell into recession
JAKARTA: Indonesia’s finance minister said “the worst is over” for South-East Asia’s largest economy, after third-quarter gross domestic product (GDP) data confirmed the country fell into recession for the first time since 1998.
Australia says industry reports on China trade 'deeply troubling'
SYDNEY: Australia says it is closely monitoring trade flows to China amid "deeply troubling" reports from industry that Chinese buyers have been told not to purchase seven categories of Australian produce from Friday.
Australia's Crown Resorts accused of 'arrogant indifference' to compliance at inquiry
SYDNEY: Casino operator Crown Resorts Ltd has been accused at an Australian regulatory inquiry of having a "culture of denial and arrogant indifference to compliance" in its dealings with junket operators.
