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Business 17 Mar 2017 | 12:00 AM

Lufthansa profit to fall this year as ticket prices drop

FRANKFURT: Deutsche Lufthansa AG predicted that earnings will fall for a second consecutive year as a capacity glut weighs on ticket prices while fuel costs rise.

Business 17 Mar 2017 | 12:00 AM

China to relax trading of used cars to spur new vehicle demand

BEIJING: China will take further steps to relax trading of used cars in an effort to encourage existing owners to sell their old vehicles and buy new ones in the world’s biggest auto market.

Economy 17 Mar 2017 | 12:00 AM

Iceland booming but no crash in sight, central banker says

REYKJAVIK: Iceland’s economy is booming and may overheat but there will be no repeat of the crash that plunged the country into a major financial crisis in 2008, central bank governor Mar Gudmundsson told AFP in an interview.

Community 17 Mar 2017 | 12:00 AM

Mother of three claims exploitation

WITH three kids to feed at home, young unemployed mother Lai Li Pink decided it was no longer reasonable to get by on just her husband’s paycheck.

Business 17 Mar 2017 | 1:14 AM

Diary Malaysia Friday March 17

KUALA LUMPUR: ALL TIMES ARE PROVISIONAL AND IN LOCAL TIME FOLLOWED BY GMT IN BRACKETS

Corporate News 17 Mar 2017 | 1:41 AM

Affin Hwang Research retains Buy on Top Glove, target price RM5.80

KUALA LUMPUR: Affin Hwang Capital Research expects Top Glove Corporation to be a strong beneficiary of easing supply growth and ongoing sector-wide average selling price (ASP) revisions.

TECH 17 Mar 2017 | 2:17 AM

SWIFT messaging system cuts off remaining North Korean banks

SWIFT, the inter-bank messaging network which is the backbone of international finance, said it planned to cut off the remaining North Korean banks still connected to its system.

TECH 17 Mar 2017 | 2:30 AM

Security guard works at Amazon, and Amazon works to sell his BBQ sauce

Security guard Spencer Lindsay works three 12-hour shifts a week at an Amazon.com campus in Seattle, watching over the software developers and retail experts who toil to expand the frontiers of e-commerce. On his own time, he is building a business on top of Amazon's own.

TECH 17 Mar 2017 | 3:00 AM

In San Diego, the hottest hotel in town is an apartment building

The online rental listings tantalise with descriptions of stunning city views, marble bathrooms and quartz countertops, rooftop lounges and state-of-the-art gyms – all hallmarks of the latest in downtown luxury apartment living.

Corporate News 17 Mar 2017 | 4:51 AM

10 reasons why Credit Suisse positive on Malaysia

KUALA LUMPUR: Credit Suisse Research believes the 45-month 34% US dollar underperformance of Malaysian equities (20% in local currency terms) was warranted but has now reached an end game.

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