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Business
Volkswagen posts €1bil loss on tariffs, Porsche woes
Volkswagen, whose models range from Skoda to Seat and Audi, is facing US tariffs of 15% on car exports from…
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Business
Bursa says suit against KNM, MAA to safeguard market integrity
KNM Group is giving up its listing status to facilitate the disposal of its German subsidiary Deutsche KNM GmbH. (File…
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Business
G7 ministers meet to counter China’s dominance in critical minerals
Earlier in June, G7 leaders met at the Pomeroy Kananaskis Mountain Lodge in Alberta, Canada. (EPA Images pic) TORONTO: Curbing…
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Business
Singapore to set up company to procure green jet fuel
Singapore has set a target to raise the share of green fuel usage to 1% at its Changi and Seletar…
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Business
Nomura expects no more Fed rate cuts in 2025 after October easing
Federal Reserve chair Jerome Powell said internal policy disagreements and insufficient federal data could hinder further rate cuts this year.…
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Business
With inflation under control, ECB to hold rates steady again
The European Central Bank raised its eurozone growth forecast for this year at its last meeting in September. (EPA Images…
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Business
Oil declines as traders track US-China summit, eye Opec+
Brent crude fell toward US$64 a barrel, while West Texas Intermediate was near US$60. (Reuters pic) NEW YORK: Oil edged…
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Business
Bursa opens higher on US Fed’s second rate cut
KUALA LUMPUR: Bursa Malaysia opened higher on Thursday, taking its cue from the mixed performance on Wall Street overnight as…
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Business
Asian stocks wobble as Fed cuts, BOJ and Trump-Xi meeting in view
Global markets faced a wave of central bank decisions offering clues on future interest rates as the US imposed blanket…
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Business
Samsung posts 32% profit rise on-year in third quarter
Samsung Electronics’ Q3 operating profit surged year-on-year to US$8.5 billion, fuelled by record memory chip sales. (AP pic) SEOUL: South…
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