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Insight - Let’s race to success, not whine about race
TALK of a merger between Malaysia’s two biggest property developers has resurfaced, and again, it is inevitably being followed by some individuals and groups who bring up the race narrative
Trump move could scrap or weaken law that protects social media companies
WASHINGTON: President Donald Trump said he will introduce legislation that may scrap or weaken a law that has protected internet companies, including Twitter and Facebook, in an extraordinary attempt to regulate social media platforms where he has been criticized.
Britain’s plan to raise minimum wage backed by review
LONDON: Britain’s plan to raise the minimum wage to two-thirds of median earnings, taking it to £10.50 (US$13.58) an hour, was endorsed by an independent review that found setting a floor on pay had a negligible effect on job creation.
SoftBank clinches WeWork takeover deal
NEW YORK: SoftBank Group agreed to spend more than US$10bil to take over WeWork, doubling down on an ill-fated investment and giving a near US$1.7bil payoff to the US office-space sharing startup’s co-founder Adam Neumann to relinquish control.
Birthday wishes for Malaysia Day
AS we had just celebrated the nation’s 62nd birthday two weeks ago and the 56th Malaysia Day is upon us in just two days, it is nice to have a birthday wish or wishes for the nation, be it for the economy, stock market or just for all Malaysians going into our 63rd year since Merdeka and 57th year as Malaysia
Xiaomi gets no lift from giant rally
HONG KONG: If the rising tide of investor optimism in China (and tech shares) is supposed to lift all equity boats, then at the moment Xiaomi Corp appears to be adrift.
Liu and Mnuchin talk trade for the first time in months
Chinese Vice-Premier may visit Washington soon
End of an era in banking
The 1MDB blip should not obliterate Nazir’s role in CIMB and the capital markets
OPEC, Russia rebuff Trump's call for immediate boost to oil output
ALGIERS: OPEC's leader Saudi Arabia and its biggest oil-producer ally outside the group, Russia, ruled out on Sunday any immediate, additional increase in crude output, effectively rebuffing U.S. President Donald Trump's calls for action to cool the market.
