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Business 27 Jul 2019 | 12:00 AM

UBS whistle-blower hunts trillions hidden in treasure islands

JOHN Christensen called Jersey home. A native of the scenic isle off England’s southern coast, he was a government economist with a hillside villa that had views of France.

Business 27 Jul 2019 | 12:00 AM

Europe’s privacy rules hurt small firms, not tech giants

THE European Commission is largely happy with the first year of its sweeping digital privacy rules. Evidence mounts, however, that the General Data Protection Directive (GDPR) hurts smaller firms and has no effect on tech giants, which are the least interested in preserving user privacy.

Business 26 Jul 2019 | 12:00 AM

Growth seen for life and health insurance despite tough time

KUALA LUMPUR: Amid the tough business environment, the life and health insurance sector is expected to see growth this year.

Business 25 Jul 2019 | 10:16 AM

Takaful Malaysia expanding market share lifts Q2 earnings

KUALA LUMPUR: Syarikat Takaful Malaysia Keluarga Bhd said net profit in the second quarter ended June 30 jumped 61% to RM80.9mil on higher net wakalah fee income.

Business 24 Jul 2019 | 6:04 AM

Prudential BSN Takaful launches WarisanPlus

KUALA LUMPUR: Prudential BSN Takaful Bhd (PruBSN) has launched the PruBSN WarisanPlus -- a protection plan premised on the concept of mutual assistance, which provides Malaysians with high value coverage to secure the financial future of their loved ones.

Business 24 Jul 2019 | 12:14 AM Premium

Justice Department to open broad, new antitrust review of big tech companies

Inquiry signals Barr’s deep interest in tech sector, poses threat to companies such as Facebook, Google, Amazon, Apple

Business 23 Jul 2019 | 12:56 AM

Maybank IB Research ups BIMB to RM5.40, boost from Sykt Takaful

KUALA LUMPUR: Maybank Investment Bank Research has raised its sum-of-parts valuation for BIMB Holdings to RM5.40 from RM5.20 after factoring in higher valuations for 59.6%-owned Syarikat Takaful Malaysia Bhd (STMB).

Business 23 Jul 2019 | 12:00 AM

Market braces for Mexico’s annual oil hedge

MEXICO CITY: Trading in crude oil options and futures surged last week as market participants prepared for Mexico’s annual oil hedging programme, in which the country buys as much as US$1bil in contracts to protect its oil revenues.

Business 22 Jul 2019 | 12:00 AM

Call for Malaysia to tap on sukuk investors in UK

KUALA LUMPUR: The United Kingdom (UK) wants to deepen its trade ties with Malaysia, particularly in the Islamic capital market and in return, Malaysia can tap into a bigger pool of international investors when it uses London as a platform to issue debts.

Business 20 Jul 2019 | 12:00 AM

Gold rush heats up as sub-zero yields spread

Gold, once mocked for its lack of yield and practical use, offers something the growing pile of negative-yielding bonds doesn’t – inflation protection.