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MSM Malaysia wants govt to review price of sugar
KUALA LUMPUR: MSM Malaysia Holdings Bhd (MSM Malaysia) has requested the government to review the price of sugar amidst ongoing cost pressure issues.
Shanghai economy hit on all sides in April by Covid lockdown
BEIJING: China's commercial hub of Shanghai reported on Friday a broad decline in its economy last month when a city-wide COVID lockdown shut factories and kept residents at home, sparking concerns among foreign firms over their presence in the country.
Asian markets up after Wall Street battering over recession fears
Asian markets opened higher Friday, as bargain-hunters capitalised on the battering Wall Street took the day before after decades-high inflation sparked recession fears.
China cuts key mortgage reference rate as Covid-19 bites
China on Friday announced it would cut a key interest rate in a boost to home buyers and debt-mired developers as the country's economy is slowed by Covid-19 restrictions ripping across major cities.
Insight - Zombie unicorns – Indian startups go from feast to famine
THE valuation of Meesho, the Indian e-commerce rival of retail giant Amazon, more than doubled last year to US$5bil (RM22bil), after marquee investors such as SoftBank and Fidelity pumped in hundreds of millions of dollars.
Further recovery for Sunway-REIT on the cards
PETALING JAYA: The reopening of international borders and relaxation of pandemic-related restrictions will facilitate a normalisation in Sunway Real Estate Investment Trust’s (SunREIT) income over the coming quarters.
Rakuten Trade enhancing trading features
PETALING JAYA: Rakuten Trade Sdn Bhd is entering its fifth year of operations in Malaysia with plans to enhanced trading features and a strengthened leadership team for its next chapter of growth.
Insight - Is this the SPAC era’s worst deal?
THE abysmal performance of businesses that have gone public by merging with special-purpose acquisition companies (SPACs) has emboldened the United States Securities and Exchange Commission (SEC) to beef up investor protections and disclosure requirements.
Shops not selling vape products at a standard price
CONSUMERS are confused over the retail price of electronic cigarettes as the prices differ across shops, Harian Metro reported.
Stagflation danger stalks global economy beset by war fallout
LONDON: The world economy is increasingly succumbing to the threat of stagflation reminiscent of its 1970s ordeal, a mounting headache for global finance chiefs already navigating the fallout from the war in Ukraine.
