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World 19 Jul 2017 | 4:59 AM

Mitch McConnell - 'The man in the middle' of U.S. healthcare war

WASHINGTON (Reuters) - For seven years, U.S. Senator Mitch McConnell vowed to slay Obamacare if only his Republican Party controlled both chambers of Congress and the White House. Pull it out "root and branch," he pledged.

Markets 19 Jul 2017 | 4:51 AM

Asean markets up ahead of corporate results

SINGAPORE: Most Southeast Asian stock markets rose on Wednesday, in line with Asia, as investors shrugged off concerns about an immediate interest rate hike by the US Federal Reserve and turmoils at the White House to focus on upcoming corporate results.

Forex 19 Jul 2017 | 12:52 AM

Asia shares make fresh highs Wednesday, US$ defensive

SYDNEY: The dollar stayed on the defensive on Wednesday as investors wagered any further tightening in the United States would be slow at best, while optimism on China's economy underpinned Asian shares and commodities. MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.16 percent in early trade at its highest since April 2015.

World 19 Jul 2017 | 12:00 AM

Japan pledges US$1bil to back UN growth goals

NEW YORK: Japan has pledged US$1bil (RM4.2bil) over the next two years to back the United Nations’ development agenda, raising its profile as one of the world’s largest foreign aid donors.

World 18 Jul 2017 | 11:21 PM

Republican push to end Obamacare collapses in U.S. Senate

WASHINGTON (Reuters) - Republican efforts to overhaul or repeal Obamacare collapsed in the U.S. Senate on Tuesday, dealing a sharp setback to President Donald Trump and the Republican Party's seven-year quest to kill former President Barack Obama's signature healthcare law.

Business 18 Jul 2017 | 3:47 PM

Harley-Davidson cuts shipments forecast; shares skid

BENGALURU: Harley-Davidson Inc’s shares skidded to a more than one-year low after the motorcycle maker cut its full-year shipments forecast as demand weakens among its aging baby-boomer customers and fewer millennials take to motorcycling.

World 18 Jul 2017 | 1:11 PM

U.S. Republicans divided after second healthcare bill collapses

WASHINGTON (Reuters) - Republicans in the U.S. Congress were in chaos over healthcare legislation after a second attempt to pass a bill in the Senate collapsed late on Monday, with President Donald Trump calling for an outright repeal of Obamacare and others seeking a change in direction toward bipartisanship.

Corporate News 18 Jul 2017 | 7:44 AM

Ericsson steps up restructuring on new quarterly loss

Stockholm: Weaker than expected second-quarter sales and profits in a poor growth climate prompted Swedish telecoms giant Ericsson to announce fresh cost-cutting measures on Tuesday.

TECH 18 Jul 2017 | 7:00 AM

Retail workers union opposes Amazon's purchase of Whole Foods

The United Food and Commercial Workers Union, which represents retail workers, sent a letter to antitrust enforcers warning about the dangers of Amazon's purchase of Whole Foods both to workers and consumers.

Analyst Reports 18 Jul 2017 | 12:43 AM

Affin Hwang Research downgrades AirAsia X to Sell

KUALA LUMPUR: Affin Hwang Capital Research has downgraded AirAsia X to Sell with a target price of 27 sen as it lowers its earnings forecast due to higher jet fuel prices, stiffer competition, rising operating expenses and weaker ringgit.