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Forex 25 Sep 2017 | 12:15 AM

New Zealand dollar in for more volatility with new government still unclear(Update)

WELLINGTON: The New Zealand dollar is set for more volatility in coming weeks after a general election left New Zealand's major parties with no majority to govern, forcing them to enter negotiations with the nationalist New Zealand First Party.

Business 19 May 2019 | 10:47 PM

May's new Brexit offer retains Northern Irish backstop, nothing new on customs

LONDON: British Prime Minister Theresa May's new Brexit offer to UK lawmakers retains the Northern Irish backstop and does not add anything new on customs arrangements, The Telegraph newspaper reported late on Sunday.

Economy 31 Jan 2019 | 11:22 PM

Cost-conscious Chinese tourists flying to Southeast Asia like Malaysia for New Year

SHANGHAI: He Yanping, 26, who works in advertising in Beijing, was among those not venturing too far overseas for Lunar New Year, with an 11-day Malaysia holiday she estimates will cost between 8,000 to 10,000 yuan. "I actually wanted to go to Australia but the problem is that it's too far, and the hotels and visa are expensive," she said.

Business 11 Aug 2018 | 12:00 AM

For Uber and Airbnb, New York City turns foe

New legislation may hamper them in a critical market

Corporate News 17 Jan 2018 | 10:24 PM

Apple plans new US campus, to pay US$38bil in foreign cash taxes

NEW YORK: Apple Inc will open a new campus as part of a 5-year, $30 billion U.S. investment plan and will make about $38 billion in one-time tax payments on its overseas cash, one of the largest corporate spending plans announced since the passage of a tax cut signed by U.S. President Donald Trump.

Corporate News 15 Jul 2017 | 12:00 AM

Genting’s New York casino in RM1.71bil expansion

PETALING JAYA: Genting Group’s Resorts World Casino New York City has broken ground on a US$400mil (RM1.71bil) expansion, bringing its total investment to over US$1.1bil since its opening in 2011.

Business 11 Jun 2019 | 1:20 AM

Facebook to unveil new versions of Portal video chat devices this fall

SCOTTSDALE, Ariz.: Facebook Inc plans to release new versions of its Portal video chatting devices this fall, the company's vice president of AR/VR Andrew Bosworth said during an interview at Code Conference in Scottsdale, Arizona.

Business 10 May 2019 | 6:42 AM

Economic Affairs Ministry to focus on developing new industries

KUALA LUMPUR: The Economic Affairs Ministry will focus on developing new industries to drive the nation's economy to a higher level and in tune with current developments.

Business 08 May 2019 | 4:11 AM

New Zealand cuts interest rates to historic low

WELLINGTON: New Zealand’s central bank cut interest rates to a fresh record low and signaled the chance of one further reduction amid slowing global growth and weak inflation.

Business 03 May 2019 | 12:00 AM

F&N eyes new market opportunities

PETALING JAYA: Fraser & Neave Holdings Bhd’s reformulated drinks with lower sugar content could potentially open up new market opportunities in the health-conscious consumer market, according to Kenanga Research.