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Metro News

Penang is first state to require water-saving devices

IT’S now mandatory in Penang for developers to install water-saving devices (WSD) in all new development projects here.


Lenovo to miss mobile turnaround target, posts Q3 net loss

HONG KONG: Personal computer maker Lenovo Group said it would miss a target to turnaround its mobile business by March, after earlier posting a quarterly loss due to a one-off charge linked to tax reforms in the United States.


China January factory growth remains strong

BEIJING: China’s manufacturing sector sustained growth at multi-month highs in January, a private business survey showed on Thursday, as factories continued to raise output to meet new orders, suggesting resilience in the world’s second largest economy.


Shell’s best profit in 3 years

LONDON: The oil-price rally proved a double-edged sword for Royal Dutch Shell Plc, as improved exploration and production lifted profit to a three-year high while refining and trading fell short of expectations.


Motor racing - Formula E welcomes F1 'to the 21st century'

LONDON (Reuters) - Electric racing series Formula E has welcomed, with a little dig, Formula One's decision to end the use of female models who stand on the starting grid holding up drivers' name boards before races.


Merkel sees scope for more spending, in boost for coalition talks

BERLIN (Reuters) - German Chancellor Angela Merkel said on Thursday that strong economic growth offered scope to further expand government spending, which could help her conservatives hammer out a coalition deal with the Social Democrats.


South Africa's Zuma asks prosecutors to drop graft charges

JOHANNESBURG (Reuters) - South African President Jacob Zuma has provided arguments on why he should not be prosecuted for corruption, the state prosecutor said on Thursday, as pressure mounted for the scandal-plagued leader to step down.


Philippine news site chief says complaint of cyber libel is "baseless"

MANILA (Reuters) - The head of a Philippine online news site battling revocation of its license for violation of ownership conditions on Thursday said law enforcers should drop a complaint of cyber libel against her, describing it as "baseless".


Southampton dominate but held by fellow strugglers Brighton

SOUTHAMPTON, England (Reuters) - Southampton fans are a restive bunch these days, and the mood at St Mary's was lifted little by a controlling but ultimately impotent performance at home against Brighton on Wednesday.

Business Premium

Bitcoin has its worst month in three years

BITCOIN gripped the investing world last year like no other asset class in recent memory, minting new millionaires, sparking a pivot to blockchain technology and attracting a wave of interest from institutional investors.