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PETALING JAYA: Malaysian automotive sales look set to hit its lowest in six years, as weak economic conditions and cautious consumer sentiment have emphatically slammed the brakes on growth.
TOKYO: Asian shares hit a 10-year peak on Tuesday with investors breathing a sigh of relief as North Korean fears eased slightly and the worst-case scenario from Hurricane Irma looked to have been avoided
TOKYO: Asian shares hit the skids and the dollar stood tall on Tuesday as a batch of upbeat U.S. economic data confirmed the Federal Reserve's inexorable tilt towards reducing its stimulus soon, while the yen sank on talk of further central bank easing.
PARIS: France's Credit Agricole took a 708 million euro (US$950mil) hit from its stake in troubled Portuguese lender Banco Espirito Santo (BES), nearly wiping out its second-quarter net profit.
SINGAPORE: Malaysia's tourism receipts hit a record high of RM84.1bil in 2018, an increase of 2% from a year earlier.
HONG KONG: The world’s fastest growing source of mega-wealth hit a speed bump this year.
KUALA LUMPUR: Malaysian biodiesel production is likely to hit record levels this year and next, with 2018 exports on track to double from 2017, pushed up as higher oil prices boost the appeal of biofuels, the head of an industry association said on Wednesday.