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PETALING JAYA: Although the benchmark on financial stress of the banking sector is on the rise, any potential risk in the financial market will be cushioned by the favourable outlook of the economy and presence of large institutional investors, according to Bank Negara.
CHICAGO: Toys ‘R’ Us Inc, the iconic toy retailer, will shutter or sell its stores in the United States after failing to find a buyer or reach a deal to restructure billions in debt, putting at risk about 30,000 jobs.
TOKYO: Tokyo Gas said on Wednesday it signed a heads of agreement to buy long-term liquefied natural gas (LNG) from a unit of Malaysian state oil firm Petronas with flexible destination clauses that are in line with the Japanese anti-trust body's ruling last year.
NEW YORK: Oil prices gained 0.4 percent in choppy trade on Wednesday, after a report showing a bigger-than-expected U.S. crude stock build was offset by large distillate and gasoline inventory draws.
NEW YORK: Simmering political tensions roiled stocks and bonds across the globe on Wednesday, with U.S. yield curves continuing to flatten and stock markets closing in the red as industrial companies took a beating.
KUALA LUMPUR: Malaysian palm oil futures hit a one-week high in trade on Wednesday, bouncing back from a more than one-and-a-half-year low earlier this week, supported by overnight gains in soyoil on the Chicago Board of Trade.
The Forest Stewardship Council is recognised as the best, but Malaysia wants to have its own Malaysian Timber Certification Scheme and that's been criticised by various quarters.
Prominent women leaders from various fields shared their experiences with a willing audience at the Star Women's Fiesta.
MELBOURNE/SYDNEY (Reuters) - South Australians go to the polls on Saturday in a tight race with big implications for national politics and foreign investment in a state with the most wind and solar power, but the highest electricity prices in the country.
Lenovo launched updated versions of their ThinkPad X1 laptop lineup, with beefier versions of the Yoga and Carbon that are said to be the lightest in their categories.