World

UK retail sales fall more than forecast

Business | World
By BLOOMBERG
LONDON • UK retail sales plunged in March as snow and freezing temperatures kept consumers indoors and disrupted deliveries of stock. The ...

P&G to buy Merck’s consumer unit

World
By BLOOMBERG
HONG KONG • Procter & Gamble Co (P&G) agreed to buy Merck KGaA’s consumer health business for €3.4 billion (RM17 billion) to ...

Bubble? What bubble? Says German property firm Deutsche Wohnen

Property | World
German homes have appreciated by about 60% since 2010, an unprecedented rise for a market that is slow to embrace home ...

Rusal said to discuss China deals to ease sanctions crunch

Markets | World
By BLOOMBERG
SINGAPORE • United Co Rusal plc officials met Chinese companies and traders this week to discuss the possibility of buying alumina and ...

China pushes for more Qualcomm concessions

Technology | World
By BLOOMBERG
BEIJING • Chinese regulators are seeking additional concessions from Qualcomm Inc before approving its proposed purchase of NXP ...

EU told to be more assertive on China to address investment gap

Business | World
By BLOOMBERG
BEIJING • The European Union (EU) suffers a “significant gap in investment openness” with China that hurts the bloc’s interests, and needs ...

Stiglitz says true US-China trade accord ‘almost impossible’

Economy | World
The US refuses to recognise that China is a developing country. It is a fundamental right and China is  not going to give up that ...

Blackstone assets rise to RM1.8t in 1Q

World
By BLOOMBERG
WASHINGTON • Blackstone Group LP just keeps raking in money from investors. Total assets under management in the first quarter (1Q) jumped ...

Nestlé gets boost from US consumers

Markets | World
By BLOOMBERG
ZURICH • Nestlé SA is getting a boost from US consumers spending more on their pets as economic expansion buoys household finances. ...

Unilever plans RM29b buyback

Markets | World
By BLOOMBERG
LONDON • Unilever is buying back shares and raising its dividend, joining other consumer- goods giants adopting investor-friendly measures ...

Moon warns Kim deal hard to implement

World
Both sides should ‘eventually’ declare an end to their 68-year war, South Korea’s president says
By BLOOMBERG SEOUL • South Korean ...
Pakistan

China’s billions are set to revive Pakistan’s dilapidated railways

World
In the past decade, Pakistan’s rail network had become a byword for corruption, delays and filth. But a pledge from China has prompted authorities to ...