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Economy 10 Dec 2018 | 10:53 AM

EU's top court says UK can unilaterally stop Brexit

LUXEMBOURG/LONDON: The European Union's top court ruled on Monday that the United Kingdom can unilaterally revoke its divorce notice, raising the hopes of pro-Europeans ahead of a crucial vote in the British parliament on Prime Minister Theresa May's divorce deal.

Corporate News 05 Dec 2018 | 10:52 PM

World's biggest oil traders paid bribes in Brazil scandal

RIO DE JANEIRO/SAO PAULO: Leading global oil traders Vitol [VITOLV.UL], Trafigura [TRAFGF.UL] and Glencore paid more than US$30 million in bribes to employees at state-owned Brazilian company Petrobras in a scheme that may still be going on, prosecutors said on Wednesday.

Corporate News 26 Nov 2018 | 12:00 AM

Meaningless debate on the Constitution

ALL countries are governed by their uniquely constructed Federal Constitution and Malaysia is no different. The US Constitution has less than 5,000 words whereas the Malaysian Constitution contains more than 60,000 words.

Analyst Reports 24 Nov 2018 | 12:00 AM

Crossing the Pacific by feeling the stones

THE Chinese have a saying that arose from the Long March – crossing the river by feeling the stones.

Business 07 Nov 2018 | 12:00 AM

Analysts: Higher casino duties a negative surprise

PETALING JAYA: Several analysts have cut their earnings forecast on Genting Bhd and Genting Malaysia Bhd following the government’s decision to increase casino tax.

Economy 21 Sep 2018 | 7:12 AM

China tightens embrace of Hong Kong with bullet train, other mega projects

HONG KONG: Hong Kong’s first bullet train glides out of a sleek harbourfront railway station bound for mainland China on Saturday, launching a new era of integration and raising fears for some for the territory’s cherished freedoms.

Corporate News 03 Sep 2018 | 12:00 AM

How to obtain letters of administration via small estate mode

UPON the death of a person, a member of his family or a person interested in his estate must take charge to administer and distribute his estate.

Business 27 Aug 2018 | 12:00 AM

Venezuela’s PDVSA files appeal against court ruling

CARACAS: Venezuela’s state oil firm Petroleos de Venezuela SA (PDVSA) said on Saturday it filed an appeal requesting that a Delaware court vacate a decision on Aug 23 granting Canadian miner Crystallex the right to seize its US assets.

Cryptocurrency 18 Aug 2018 | 12:00 AM

Dymon Asia Venture Capital backs cryptocurrency platform

LXDX, a Malta-based provider of a platform to enable cryptocurrency trading, recently raised funding from Dymon Asia Venture Capital Fund LP to make its platform more widely available.

Corporate News 17 Aug 2018 | 12:00 AM

Labuan FSA appoints Bank of China as yuan settlement bank

LABUAN: The Labuan Financial Services Authority (Labuan FSA) has appointed Bank of China (M) Bhd (BOCM) as a yuan settlement bank, bringing efficient, seamless and cost-effective real-time settlement of yuan-denominated transactions to financial institutions and entities.