Economy

Slow boat to Brexit oblivion is leaving soon for some exporters

The problem is the UK is yet to roll over the majority of the beneficial trade terms around the globe it gets through EU membership
...

Lim: M’sia remains attractive to international investors

It is hoped that the relationship between the two countries will attain great heights
By ALIFAH ZAINUDDIN Global investors are confident with ...

Winners of stronger ringgit

A stronger ringgit will be a relief to local firms whose input and raw material costs are predominantly US dollar-denominated
By MARK RAO / Pic By MUHD ...

Carney says Brexit uncertainty hits economy

By BLOOMBERG
LONDON • Growing Brexit uncertainty is cascading through the UK economy, delaying business decisions and hurting consumers, according to ...

Italy, Germany drag on euro-area economy as EU cuts outlook

European Commission sees euro-area expanding 1.3% this year, down from 1.9% projected in November. It sees 2020 growth of 1.6%
By ...

World’s top steelmaker warns of slowdown on weak China

China, which uses half of the world’s steel, is expected to see a drop in demand, the 1st contraction since 2015
by BLOOMBERG LONDON • After two years ...

NY’s Park Lane Hotel stake sold as part of 1MDB recovery

By BLOOMBERG / Pic By MUHD AMIN NAHARUL
A STAKE in New York’s Park Lane Hotel has been sold to an Abu Dhabi sovereign wealth fund as part of the US ...

Tabung Harapan collects RM202.7m, says Lim

Under the present govt’s definition, public debt stands at RM1.1t as at June 2018, versus RM686.8b under the previous ...

Slump in German factory orders fan recession fears

FRANKFURT • German factory orders unexpectedly dropped for a second month in December, adding to signs that Europe’s largest economy is facing a more ...

Indonesia shows resilience as 4Q GDP beats forecasts

Growth in South-East Asia’s biggest economy has been hovering around 5% since 2016
by BLOOMBERG JAKARTA • Indonesia’s economy grew faster than ...

Local lenders likely to end 2018 with decent growth

By NG MIN SHEN / Pic By TMR File
Malaysian banks are expected to end 2018 on firm footing, as the momentum seen in the first nine months of last year ...

MAHB rejects AirAsia’s overture for mediation

By BERNAMA / Pic By MUHD AMIN NAHARUL
Malaysia Airports Holdings Bhd (MAHB) has rejected AirAsia Group Bhd’s offer of mediation in a letter sent by the ...