World

SNB cuts inflation outlook amid dovish tilt by central banks

ZURICH • The Swiss National Bank (SNB) kept interest rates at rock bottom, cut its inflation forecasts again and warned that the global slowdown could ...

Fed’s longer pause opens door for Asian central banks to cut interest rates

HONG KONG • The US Federal Reserve’s (Fed) abrupt policy shift has opened the door for interest-rate cuts across Asia as inflation remains subdued and ...

VPS Healthcare reconsiders London IPO

DUBAI • VPS Healthcare LLC, a hospital operator in the Middle East, Europe and India, is reconsidering plans to list in London due to uncertainty ...

A tale of 2 Delhis — deadly air exposes rich-poor divide

NEW DELHI • Walls draped in lush vertical gardens and air filtered through purifiers insulate diners at a swanky New Delhi food court from the choking haze ...

Indonesia’s Lion Air starts work on IPO

JAKARTA • PT Lion Mentari Airlines, operating as Lion Air, has started preparations for a domestic initial public offering (IPO), people with knowledge of ...

BoE says more firms trigger Brexit plans as rate left unchanged

LONDON • The Bank of England (BoE) said more companies are triggering plans for a no-deal Brexit as it kept policy in a holding pattern, while the ...

New Zealand bans assault weapons within days of massacre

The crackdown promises to have political repercussions beyond its shores, including in the US
CHRISTCHURCH • New Zealand (NZ) imposed a ban on assault ...

Trump blockade of Huawei fizzles in European 5G rollout

So far, not a single European country has banned Huawei
BERLIN • Last summer, US President Donald Trump’s administration started a campaign to convince ...

Japan lowers view of economy on exports

TOKYO • The Japanese government has downgraded its assessment of the economy for the first time in three years, underscoring rising concerns ahead of a ...

Metro’s RM6b China sale said to draw Tencent, Citic PE

HONG KONG • German food wholesaler Metro AG’s Chinese business has attracted potential bidders including Internet giant Tencent Holdings Ltd and domestic ...

Google fined RM6.9b in Vestager’s last antitrust case

BRUSSELS • Alphabet Inc’s Google was fined €1.49 billion (RM6.9 billion) by the European Union (EU) for thwarting advertising rivals, a penalty that may be ...

China baby formula maker Feihe said to revive IPO

HONG KONG • China Feihe Ltd, an infant formula producer, is restarting preparations for a Hong Kong initial public offering (IPO) that could raise as much ...