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KUALA LUMPUR: Malaysian Rating Corporation Bhd (MARC) has assigned a final rating of AA-IS with a stable outlook to AZRB Capital Sdn Bhd’s proposed RM535mil Sukuk Murabahah facility.
WASHINGTON: Chinese officials expect President Donald Trump to delay a threatened tariff increase set for Sunday, giving more time to negotiate an interim trade deal that both sides continue to insist is close to fruition despite a series of missed deadlines, according to people familiar with the discussions.
SEOUL: The founder of the defunct Daewoo Group, Kim Woo-choong, has died after watching the conglomerate he built into a symbol of South Korea's manufacturing prowess become one of its biggest corporate failures, crushed by debt.
SOUTHFIELD: General Motors Co. executives had laid the groundwork for a new labour agreement with the United Auto Workers union in September 2015. The company had met most of the union’s demands with a proposal that would have boosted pay and benefits by almost $1 billion over four years.
Local watch brand making a mark in the industry.
Consumers drawn back by product innovation, rising food delivery prices.
Tourist interest and funding opportunities draw entrepreneurs home.
TOKYO: Weeks after his billion-dollar bailout of WeWork, SoftBank Group Corp's founder and CEO Masayoshi Son reiterated his belief in an instinct-led investing style, in a discussion with Alibaba Group Holding Inc's co-founder Jack Ma.
BEIJING: Tariffs should be cut proportionately if China and the United States reach a phase-one deal, China's Ministry of Commerce said on Thursday.
JAKARTA: Indonesia is preparing to spend about US$40bil to extend Jakarta’s metro network, a bigger-than-expected outlay that’s poised to boost the country’s construction companies and reignite a rivalry between China and Japan over building the project.