World

Alibaba raises stake in top China investment bank

By BLOOMBERG
HONG KONG • Alibaba Group Holding Ltd has acquired another chunk of shares in China International Capital Corp Ltd (CICC) for about HK$1.8 ...

A RM7b tax crackdown is paralysing China’s film industry

The 37-year-old Fan’s public humiliation unleashed a deep chill in an industry that until recently had been humming along. Every week brings fresh ...

Blue-sky floods take a rising toll for businesses in Annapolis

By BLOOMBERG
NEW YORK • When American colonists planned downtown Annapolis, Maryland, in 1695, they wanted easy access to the sea. Almost 325 years ...

Amazon’s ‘collaborative’ robots offer peek into the future

Since Amazon went all-in on robotics, gains have been indisputable, according to expert
NEW YORK • Hundreds of orange robots zoom and whiz back and ...

Pakistan’s Khan warns India against attack

The PM says Pakistan is ‘ready to talk’ about terrorism with India
ISLAMABAD • Pakistan is ready to help India investigate the deadliest blast in ...

RM310b fund gives contrarian call for Indonesia rate cut

JAKARTA • Indonesia’s central bank should signal interest-rate cuts to draw more foreign money into the nation’s bonds, according to a top emerging markets ...

Arcelor makes RM2.7b bid for Essar Power plant

NEW DELHI • ArcelorMittal SA has made an offer of 48 billion rupees (RM2.74 billion) to buy an Essar Power Ltd generation plant in India, outbidding the ...

WTO: Global trade growth to continue slide in 2019

GENEVA • Global trade growth is on track to slide further in the first quarter of 2019, the World Trade Organisation (WTO) said.
The WTO in September ...

Merkel wants EU antitrust rules changed to foster global players

BERLIN • German Chancellor Angela Merkel (picture) continued her campaign to get European Union (EU) antitrust rules changed so that companies in the ...

Abe to asks Trump to raise missing Japanese with Kim

TOKYO • Japan Prime Minister Shinzo Abe (picture) will press Donald Trump to raise the issue of Japanese citizens kidnapped by North Korea when the US ...

Huawei founder Ren says US can’t crush company

SINGAPORE • Huawei Technologies Co Ltd’s founder Ren Zhengfei (picture) said “there’s no way the US can crush us”, according to an interview he gave ...

China abandons cybersecurity truce with US

WASHINGTON • China largely abandoned a hacking truce negotiated by former US President Barack Obama as President Donald Trump embarked on a trade war with ...