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KUALA LUMPUR: UEM Sunrise Bhd posted revenue of RM196mil in the first quarter ended March 31,2020 compared with RM419mil a year ago as most of its projects last year were launched in the second half.
KUALA LUMPUR: FGV Holdings Bhd.’s senior management has agreed to a 20% cut in the director fees.
BEIJING: About 20% of projects under China's ambitious Belt and Road Initiative (BRI) to link Asia, Europe and beyond have been "seriously affected" by the coronavirus pandemic, an official from China's Ministry of Foreign Affairs said on Friday.
KUALA LUMPUR: Star Media Group Bhd has been included as the new additions to the constituents of the FTSE4Good Bursa Malaysia Index.
WASHINGTON: President Donald Trump on Thursday renewed his threat to cut ties with China, a day after U.S. Trade Representative Robert Lighthizer told Congress he did not see decoupling the U.S. and Chinese economies as a viable option.
LONDON: Colgate-Palmolive on Thursday said it was working to review and evolve its Chinese toothpaste brand, Darlie, the latest in a string of brand reassessments amid a U.S. debate on racial inequality
NEW YORK: Oil prices rose slightly on Thursday as a panel of OPEC and its allies met to review record oil supply cuts, even as the market remained concerned about additional coronavirus cases reported in parts of the United States and China.
PARIS: France is warning flag carrier Air France-KLM against making forced job cuts, with Finance Minister Bruno Le Maire saying such a move would constitute a “red line” the carrier shouldn’t cross after receiving a state bailout.
SINGAPORE: Singapore has shortlisted 14 applicants, which sources say include Internet firm Sea and a joint venture of ride-hailer Grab and Singtel, for up to five digital bank licences in the city-state’s biggest banking liberalisation in two decades.
LONDON: The Lloyd’s of London insurance market has apologised for its “shameful” role in the 18th and 19th Century Atlantic slave trade and has agreed to fund charities and organisations promoting opportunities for black and ethnic minority groups.