Money

Wireless firms put their big 5G gambles on display at CES

NEW YORK • Fifth-generation (5G)wireless technology may one day handle sci-fi tasks like guiding driverless cars, but today’s consumers are more concerned ...

Retailers eye new tech, data to revive fortunes at CES 2019

SoftBank is partnering Tally, made by Simbe Robotics, which scans store shelves to keep better track of what is available
LAS VEGAS • With robots, ...

Nightmare 2018 for equity investors

Global equity markets ended 2018 in the red, a downturn not seen over the past decade, with the MSCI World Equity Index tumbling by more than 9.5% YoY
...

The 20%-a-year stock picker who wishes his edge would disappear

In his view, beating Hong Kong’s stock market by such a wide margin has only been possible because of the city’s weak corporate governance and lax ...

Tabung Haji completes transfer of underperforming equities to SPV

By BERNAMA / Pic By MUHD AMIN NAHARUL
Lembaga Tabung Haji (TH) has completed the transfer of all its underperforming equities, as at Dec 30, 2018, to a ...

China factory prices rise at slowest pace in more than 2 years

By BLOOMBERG
BEIJING • China’s factory inflation slowed sharply in December, continuing the slowdown for a sixth straight month to the weakest level ...

US, China economies seek rare soft landing feat amid trade war

By BLOOMBERG
WASHINGTON • The world’s two biggest economies are separately struggling to come in for unparalleled, simultaneous soft landings, an ...

PNB can realise RM1b from merger of MIDF and Al Rajhi, says analyst

The quantum of monetisation will depend on the structure of the merger, which involves entities under MIDF
by RAHIMI YUNUS / BLOOMBERG PHOTO PERMODALAN ...

China’s HNA Group sells Manhattan building

NEW YORK • HNA Group Co sold a building in Manhattan to help ease the embattled conglomerate’s debts and stave off US concerns about a Chinese company ...

Belt and road is more chaos than conspiracy

By DAVID FICKLING
Is China’s Belt and Road Initiative (BRI) a bold infrastructure vision, or a slush fund? The question is becoming more pressing. ...

Turbulent or steady? OPEC or shale? — The state of oil in 2019

Oversupply and demand worries are high on the concern list for the industry, making volatility a buzzword this year as well
by CHRISTOPHER SELL Oil ...

Hong Kong has RM264b plan to build islands for new homes

The cost of building islands from scratch could double, and the plan is provoking debate on environmental and political issues
By Natalie ...