Money

Genting feels the pain while hospital operators gain, FMCG counters neutral

The higher taxes in Budget 2019 make RWG, operated by Genting Bhd, the heaviest taxed casino in Asia
By DASHVEENJIT KAUR / Pic By TMR ...

Skyscraper farms to go global

Spread prepares to open the world’s largest automated leaf-vegetable factory, designed to bring the cost low enough to compete with traditional ...

Don’t count on US midterms to revive gold

By BLOOMBERG
NEW YORK • It’ll take more than election upheaval to restart gold’s rally. That’s the view of money managers including Stephen Land of ...

HKEx CEO says IPOs in city ‘just keep coming’

By BLOOMBERG
SINGAPORE • Hong Kong Exchanges & Clearing Ltd (HKEx) is on track for a record year for initial public offerings (IPOs), and it ...

Malaysia’s economic impact next year to rely on actual spending, says MARC

The budget deficit trajectory will hinge on the continuing prudent management of opex and additional sustainable income ...

Bentley’s Bentayga V8 — a smooth, yet manly off-roader

The Bentayga V8 is the ultimate luxury SUV that delivers an uncompromising Bentley experience on- and off-road, says Wearnes Quest MD
By RAHIMI ...

Chevy aims the new Silverado at rich urban cowboys

The GM moneymaker already has its piece of the ‘truck guy’ pie. Now, it’s targeting the ‘pickup-curious’
by Kyle Stock  There’s a button on the ...

Budget 2019 — gainers, losers and everything in between

The RM314.5b budget is the biggest budget in the country’s history so far, outdoing BN’s budget of RM280.3b in 2017
By SHAZNI ONG / Pic By TMR The ...

The myth of Donald Trump’s revival for ‘beautiful clean coal’

While the US president advocates for the most polluting fossil fuel, a shrinking number of power companies see a future for it
By Jeremy ...

Positive outlook for Astro, says Maybank

By LYDIA NATHAN / Graphic By TMR
Astro Malaysia Holdings Bhd’s stock is looking attractive following major shareholder Tan Sri T Ananda Krishnan’s ...

BHP to return RM43.5b to shareholders after shale sale

By BLOOMBERG
SYDNEY • BHP Billiton Ltd will return US$10.4 billion (RM43.47 billion) to shareholders through a buyback and special dividend after ...

Encana to acquire shale oil producer Newfield for RM23b

By BLOOMBERG
LONDON • After years of slimming down its oil and gas holdings, Canada’s Encana Corp is reversing course with a US$5.5 billion (RM22.99 ...