Money

Maybank AM to grow AUM by up to RM210m via Schroder tie-up

Its partnership with Schroder Singapore is to develop specialist investment solutions for the local sophisticated wealth market
By NG MIN SHEN / Pic By ...

Yoga pants built a RM200b industry that’s replacing jeans

It took a few decades, but a shift toward casual wear and fitness, as well as a company called Lululemon, is changing what everyone wears
by Kim ...

ShopBack: M’sia’s overall GMV grows by 62%

By SHAZNI ONG
Malaysia’s gross merchandise value (GMV) rose 62% during the 11.11 shopping phenomena held on Sunday according to a study by ShopBack. ...

Budget 2019 has limited impact on Petronas, Genting and Sime Darby Plantation

Apart from Petronas, other proposals announced in Budget 2019 are the revision of casino duties and initiatives in the palm oil industry
By FARA AISYAH ...

This country morphed into the hottest market for obesity drugs

After Brazil got hooked on junk food, a medication that costs RM627 a month is flying off the shelves
By James Paton & RT Watson / BLOOMBERG ...

A Santa rally and stellar 2019: Allianz GI’s Asia stocks calls

By BLOOMBERG
HONG KONG • A US$4.3 t rillion (RM18.06 trillion) wipeout in Asian equity markets hasn’t stopped the CIO for Asia Pacific at Allianz ...

OPEC+ weighs output cut as threat of new surplus sinks prices

ABU DHABI • Many OPEC and allied oil producers see a need to cut output to stave off a new surplus, a key member of the coalition said, as delegates ...

Budget 2019 — less candies for a better future

The recent Budget 2019 showed the govt’s fiscal consolidation plan to restore fiscal discipline
By JERRY LEE CHEE YEONG / Pic By MUHD ...

Coway leads the change in local water, air purifying businesses

Malaysia alone has contributed 16% to the group’s overall revenue, indicating that Malaysians are getting more aware on the water ...

Rural America’s favourite store is moving into the big city

About a third of Dollar General’s locations are currently in metro markets, and they are moving toward 40%
By Matthew Boyle / BLOOMBERG ...

SocGen’s key equities unit rebounds

Equity trading revenue jumped 19% in the last quarter, beating estimates
by BLOOMBERG PARIS • Societe Generale SA’s (SocGen) key equities-trading ...

Amazon Go has a real rival in Japan and its shares are soaring

TOKYO • Amazon.com Inc is betting that stores of the future won’t have any clerks or registers. A company in Japan thinks it can get there first.
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