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Mission to save lives and livelihoods
KUALA LUMPUR: It was a “trial by fire” for the Perikatan Nasional government when the movement control order was imposed barely two weeks after the Cabinet was formed.
Indian mobile retailers call for Amazon probe, cap on online smartphone sales
NEW DELHI (Reuters) - An Indian trade group representing 150,000 mobile phone stores on Monday urged Prime Minister Narendra Modi to investigate Amazon's business practices in the country and impose a daily cap on a single seller's online smartphone sales.
Chinese banks, Australia's Macquarie tiptoe into Asian oil finance void
SINGAPORE: Chinese national banks and Australia's Macquarie Group are quietly filling some of the multi-billion-dollar hole in Asian oil financing after the withdrawal of traditional European lenders, hurt by a raft of defaults and fraud allegations.
Exclusive: Amazon deployed secret strategy to dodge India's regulators, documents show
NEW DELHI (Reuters) - Amazon has for years given preferential treatment to a small group of sellers on its India platform, publicly misrepresented its ties with the sellers and used them to circumvent increasingly tough foreign investment rules that affect e-commerce, internal company documents reviewed by Reuters show.
Special Report: Amazon documents reveal company's secret strategy to dodge India's regulators
NEW DELHI (Reuters) - It was early 2019, and senior Amazon.com Inc executive Jay Carney was preparing for an important meeting. The former press secretary to U.S. President Barack Obama, Carney was scheduled to talk with India's ambassador to the United States in Washington, D.C. In Delhi, the Indian government had just announced foreign direct investment regulations that threatened to disrupt Amazon's business in the world's second most populous country.
No reason for Emergency to fight pandemic: Dr M
PETALING JAYA: Covid-19 could have been brought under control under regular law and there was no reason to proclaim a state of emergency to combat the pandemic, says Tun Dr Mahathir Mohamad.
Selangor to help small traders go digital
KLANG: Small scale entrepreneurs in Selangor can now count on the state government to keep their businesses afloat against the severe challenges caused by the Covid-19 pandemic.
Bitcoin powers towards $50K as Tesla takes it mainstream
LONDON (Reuters) - Bitcoin was fast approaching the $50,000 mark on Tuesday as the afterglow of Elon Musk-led Tesla's investment in the cryptocurrency had investors reckoning it may become a mainstream asset class for both corporations and money managers.
'Reddit rally' stocks bounce a day after sharp selloff
NEW YORK: GameStop and other social media darlings rebounded in calmer trading on Wednesday from their sharp sell-off in the prior session as investors turned their focus to the possibility of tighter U.S. trading regulations.
Tough call for Bursa to sustain momentum
PETALING JAYA: What happened to GameStop will not happen at Bursa Malaysia.
