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Business 25 Jul 2019 | 10:16 AM

Takaful Malaysia expanding market share lifts Q2 earnings

KUALA LUMPUR: Syarikat Takaful Malaysia Keluarga Bhd said net profit in the second quarter ended June 30 jumped 61% to RM80.9mil on higher net wakalah fee income.

Business 19 Jul 2019 | 4:53 AM

Gold surges above US$1,450 as rate cut hopes, Iran tensions fuel demand

BENGALURU: Gold on Friday surpassed the key $1,450 level for the first time since May 2013, after comments from a top Federal Reserve official bolstered expectations of an interest rate cut, while fresh tensions in the Middle East further supported bullion.

Business 12 Jul 2019 | 12:00 AM

Tycoon woos Amazon, Google with data hubs

NEW DELHI: A string of successful bets on ports, mining and commodities helped transform Gautam Adani (pic) from a nondescript diamond trader into a tycoon with a net worth of US$10bil.

Business 06 Jul 2019 | 12:00 AM

EYE ON STOCK - KUB Malaysia

KUB Malaysia Bhd (stock code: 6874) surged in yesterday’s trade to test the uppermost 100-day simple moving average (SMA).

Business 05 Jul 2019 | 11:36 PM

US job growth surges, July rate cut expectations intact

WASHINGTON: U.S. job growth rebounded strongly in June, with government payrolls surging, but persistent moderate wage gains and mounting evidence the economy was losing momentum could still encourage the Federal Reserve to cut interest rates this month.

Business 05 Jul 2019 | 12:52 PM

US job growth surges, but wage growth remains tepid

WASHINGTON (Reuters): US job growth rebounded strongly in June, but moderate wage gains and mounting evidence that the economy was slowing sharply could still encourage the Federal Reserve to cut interest rates this month.

Business 04 Jul 2019 | 3:53 AM

Unstoppable Hong Kong dollar surges to strongest in two years

SINGAPORE: The Hong Kong dollar advanced to its strongest since May 2017 as tight liquidity in the city keeps borrowing costs elevated.

Business 04 Jul 2019 | 3:31 AM

Unstoppable Hong Kong dollar surges to strongest in two years

SINGAPORE: The Hong Kong dollar advanced to its strongest since May 2017 as tight liquidity in the city keeps borrowing costs elevated.

Energy 01 Jul 2019 | 12:00 AM

Energy billionaire becomes 2nd-richest Thai

BANGKOK: Sarath Ratanavadi has vaulted up Thailand’s billionaire list to become the nation’s second-richest man, as his Gulf Energy Development Pcl outpaces most of the world’s power companies.

Business 30 Jun 2019 | 8:08 AM

Energy billionaire becomes second-richest Thai as Gulf Energy surges

BANGKOK: Sarath Ratanavadi has vaulted up Thailand’s billionaire list to become the nation’s second-richest man, as his Gulf Energy Development Pcl outpaces most of the world’s power companies.