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e-Commerce 09 Feb 2019 | 12:00 AM Premium

MyCC warns MyEG for not paying daily penalty

KUALA LUMPUR: The Malaysia Competition Commission (MyCC) has issued a stern warning to e-government services provider MyEG Services Bhd for non-compliance with the decision of the Competition Appeal Tribunal (CAT) to pay a daily penalty of RM7,500, now totalling RM9.46mil.

Business 24 Mar 2018 | 12:00 AM

Minimal impact on Malaysia for now

RHETORICS are translating into action, as trade spat continues to brew rapidly between the world’s two largest economic juggernauts, the United States and China.

Banking 20 Sep 2017 | 12:00 AM

Bank Negara to issue guidelines on cryptocurrencies

KUALA LUMPUR: Two weeks after the Securities Commission issued a stern warning to investors putting money into cryptocurrencies, Bank Negara has now said it will be issuing its guidelines on the issue by year-end.

Economy 16 Jan 2015 | 4:59 PM

Bank of Korea more worried about household debt than growth

SEOUL: The South Korean central bank chief's surprisingly stern warning on Thursday against betting on an imminent policy easing showed it was far more concerned about rising household debt than uncertain economic growth.

Auto 17 Nov 2014 | 6:44 AM

Carmakers confuse US drivers in deadly air bag saga

ORLANDO/WASHINGTON: In recent weeks, hundreds of thousands of U.S. Toyota drivers have received a stern warning by first-class mail: Immediately drive to your dealer to replace a flawed air bag, and in the meantime don't let anyone sit on the passenger side.

Business 28 Nov 2013 | 12:00 AM

3G services under MCMC scrutiny

PETALING JAYA: The Malaysian Communication and Multimedia Commission (MCMC) has issued a stern warning to cellular companies that are providing 3G services on lower-than-agreed bandwidth, causing a deterioration in the quality of 3G services.

Business 25 Oct 2013 | 7:02 AM

Kerry warns another budget gridlock will damage US global leadership

WASHINGTON: America's top diplomat warned on Thursday that the United States could suffer more lasting damage to its influence abroad if the next round of budget talks in a few months lead to another breakdown.

Business 23 Sep 2011 | 12:00 AM

G20 pledges to support banks, eyes bolder euro fund

WASHINGTON (Reuters) - The world's major economies on Thursday pledged to prevent Europe's debt crisis from undermining banks and financial markets, and said the euro zone's rescue fund could be bolstered.

Business 22 Jul 2011 | 12:00 AM

Chiesi gets 2½ years in US insider case

NEW YORK: Danielle Chiesi(pic), a former hedge fund trader and key defendant in the sprawling Galleon Group insider trading case, was sentenced on Wednesday to 2½ years in prison and the presiding judge gave a stern warning to others on Wall Street considering breaking the law.

Business 04 Feb 2011 | 12:00 AM

Bernanke: More jobs needed for real recovery

WASHINGTON (AP) - The United States can't fully recover from the worst recession in decades until hiring improves, Federal Reserve Chairman Ben Bernanke said Thursday.