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Business

Australia readies for landmark interest rate cut

Sydney: Australia’s central bank is expected to slash interest rates to historic lows today, the first cut in three years amid global trade concerns and an underperforming domestic economy.

Business

Bank of England to keep rates steady, despite Brexit delay

LONDON: The Bank of England looks set to leave interest rates on hold on Thursday and keep its options open for later in the year when it announces its first policy decision since the postponement of Britain's departure from the European Union

Business

Agribusiness is the problem, not the solution

KUALA LUMPUR: For two centuries, all too many discussions about hunger and resource scarcity has been haunted by the ghost of Parson Thomas Malthus. Malthus warned that rising populations would exhaust resources, especially those needed for food production. Exponential population growth would outstrip food output.

Business

Quick take: Karex dips on negative news flow

KUALA LUMPUR: Karex Bhd opened lower in the red on Friday following media report that the company provided poor living conditions for its foreign workers.