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DUBAI: A plan to open up air travel between Dubai and London is ready and could be implemented once approved by the respective governments, according to the head of the emirate’s airport operator.
SINGAPORE: A two-year trial for electricity imports from Peninsular Malaysia to the republic is being planned, beginning next year, according to the Energy Market Authority (EMA
SINGAPORE: Singapore will be embarking on a two-year trial for electricity imports from Peninsular Malaysia to the republic, according to the Energy Market Authority (EMA).
SEOUL: Lee Kun-hee, the charismatic leader of Samsung Group, South Korea’s biggest conglomerate, died on Sunday, the company said, six years he was hospitalised for a heart attack.
KUALA LUMPUR/WASHINGTON: Goldman Sachs Group Inc on Thursday reached a deal to settle a probe into the bank's role in Malaysia's 1MDB corruption scandal, which included total penalties of US$2.9 billion.
WASHINGTON: A former fundraiser for U.S. President Donald Trump pleaded guilty on Tuesday to a charge that he illegally lobbied Trump to drop an investigation into a Malaysian embezzlement scandal.
PETALING JAYA: The efficacy of a potential Covid-19 vaccine continues to be a concern even as the need for it becomes prevalent.
RISK aversion dominated globally due to rising coronavirus cases as well as dwindling prospects of US fiscal aid before the US elections. This led investors to flock to the safe-haven dollar – sending the dollar index to a nearly two-week high, up 0.86% to 93.86.
NEW YORK/LONDON: Global shares closed lower on Thursday as investors shied from risk and sought safe havens such as the U.S. dollar on fears that a resurgence in coronavirus cases and a lack of more U.S. fiscal stimulus would hobble the world economy.