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KUALA LUMPUR: Malaysia's first placing in the 2022 Milken Insitute Global Opportunity Index as an investment destination for foreign investors in emerging Southeast Asia underlines the government's efforts to drive the country's economic reform, says International Trade and Industry Minister Datuk Seri Azmin Ali.
KUALA LUMPUR: Axiata Group Bhd's proposal to acquire a 66.03% stake in one of Indonesia's leading providers of high-speed broadband and cable TV could unlock synergies for the telco group.
NEW YORK: Shares of Tesla Inc slid on Thursday, dragging down rivals after the leading electric car maker delayed releasing new vehicles until next year because of supply chain disruptions it said could last through this year.
NEW YORK: Commission-free brokerage Robinhood Markets Inc on Thursday posted a $423 million net loss in the latest quarter, and its shares tumbled as much as 15% in after-hours trade even as revenue edged past analysts' estimates as strong crypto trading boosted transaction volumes.
NEW YORK: Apple Inc on Thursday reported record sales in the holiday quarter, beating estimates due to high iPhone demand and growing subscribers, even as a chips shortage that it said has begun easing cost it over $6 billion in revenue.
NEW YORK:Oil prices fell on Thursday after Brent crude hit a seven-year high above US$90 a barrel, as the market balanced concerns about tight worldwide supply with expectations the U.S. Federal Reserve will soon tighten monetary policy.
WASHINGTON: U.S. stocks retreated on Thursday after a solid opening, while the dollar gained as investors prepared for future rate hikes from the Federal Reserve.
RBNZ expected to keep raising interest rates
Samsung Electronics reports higher quarterly results