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Business 20 Jun 2019 | 12:00 AM

Most SoftBank Vision Fund investors want to join second fund

TOKYO: Most investors in SoftBank Group Corp’s US$100bil Vision Fund want to join the group’s forthcoming second fund, and discussions with those investors will begin soon, SoftBank founder and chief executive Masayoshi Son said.

Business 25 Jan 2010 | 12:00 AM

Vale's iron ore hub project in final stage

IPOH: The proposed opening of an iron ore production and distribution hub in Manjung by Brazilian Vale SA is in the final stage, and construction work for the RM8.5 billion project is expected to begin soon.

Business 16 Feb 2008 | 12:00 AM

RCSB, CCSB to start development in IDR

Work is to begin soon on the Iskandar Development Region's (IDR) three theme zones in Node 1, the flagship catalyst project to grow the first integrated international city there.

Business 01 Aug 2004 | 12:00 AM

Laying foundation for Malaysia-Australia free trade agreement

Preliminary moves for a Malaysia-Australia free trade agreement (FTA) will begin soon.

Business 04 Jan 2021 | 7:00 AM

Tesla delivered record number of cars worldwide in Q4 of 2020

NEW YORK: Tesla Inc delivered a record number of cars worldwide in the fourth quarter of 2020, but fell just shy of a goal for 500,000 units for the full year.

Business 30 Sep 2005 | 12:00 AM

Time to get ready for GST

THE goods and services tax (GST) is to be implemented in Malaysia from Jan 1, 2007. In this connection, some wish that the Prime Minister will announce in Budget 2006 that the implementation date will be deferred. Listed companies are concerned that their resources will be over-stretched as they cope with the changes to financial reporting standards at the same time.

Banking 23 Jul 2017 | 10:44 PM

US Federal Reserve now faces prospect of global monetary policy tightening

WASHINGTON: Prospects for tighter monetary policy in Europe and other countries could pose a fresh problem for the Federal Reserve when it meets next week to ponder its plan to reduce its US$4.2 trillion bond portfolio purchased after the 2008 financial crisis.

Business 10 Jul 2003 | 12:00 AM

Banks on merger trail again

MOVES by banks to merge and form larger financial services groups are picking up steam again, more so in view of the need to build capacity to meet the challenges of globalisation.