KUALA LUMPUR: Malaysia is on track to achieve the targeted gross domestic product (GDP) growth of three to four per cent this year despite the emergence of the Omicron variant, said Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz.

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HONG KONG: Bitcoin tumbled almost 5% on Monday as the start of the week offered little respite to the world's largest cryptocurrency after a bruising weekend where at one point it lost over a fifth of its value.

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BEIJING: China's central bank said on Monday it would cut the amount of cash that banks must hold as reserves, its second such move this year, releasing 1.2 trillion yuan in long-term liquidity to bolster slowing economic growth amid persistent COVID-1...

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KUALA LUMPUR: Fears over Omicron’s possible impact on global economic recovery dragged Bursa Malaysia’s key market barometer to its lowest in 13 months on Monday.

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KUALA LUMPUR: Kerjaya Prospek Property Bhd's unit Pixel Valley Sdn Bhd has entered into a purchase and development agreement with Aspen Vision City Sdn Bhd to acquire a tract of freehold land measuring about 1.97ha in Seberang Perai Selatan in Pulau Pi...

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KUALA LUMPIR: VSTECS Bhd's unit has been appointed the official distributor of automation vendor Puppet Inc as it aims to capitalise on the growing need for compliance across all sectors.

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KUALA LUMPUR: SIRIM Bhd’s wholly-owned subsidiary, SIRIM STS Sdn Bhd (SIRIM STS), has been appointed as coordinator for the development of Malaysia Railways Industrial Standard (MRIS) to advance and promote the competitiveness of the country's rail ind...

The Star 2 hours ago

SINGAPORE: Oil prices rose by more than $1 a barrel on Monday after top exporter Saudi Arabia raised prices for its crude sold to Asia and the United States, and as indirect U.S.-Iran talks on reviving a nuclear deal appeared to hit an impasse.

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KUALA LUMPUR: Mah Sing Group Bhd's healthcare business unit, Mah Sing Healthcare Sdn Bhd, is poised to market medical-grade examination gloves in the United States after obtaining premarket notification clearances from the United States (US) Food and D...

The Star 3 hours ago

KUALA LUMPUR (Dec 6): Malaysian state agency Digital Nasional Bhd (DNB) on Monday said it will offer wholesale fifth-generation (5G) services to mobile carriers at...

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KUALA LUMPUR: The Islamic finance sector must look into supporting climate change actions and the sustainability agenda, facilitating trade and investment and responding to Asia’s evolving consumer landscape going forward as these offer enormous value ...

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KUALA LUMPUR: Malaysian state agency Digital Nasional Berhad (DNB) on Monday said it will offer wholesale 5G services to mobile carriers at no cost during an initial rollout set to begin next week, amid concerns from operators over its pricing plans.

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Investment funds and asset managers are playing an ever more crucial role in the financial system. They provide funding in areas that traditional banks do not cover, manage and share risks, and enhance innovation and economic growth.Lightly regulated f...

South China Morning Post 4 hours ago

HONG KONG (Dec 6): Hong Kong property developer New World Development said on Monday it plans to sell 300 new homes at a discount of...

The Edge Markets 4 hours ago

SINGAPORE: Singapore's central bank urged banks on Monday to keep their finances strong and resilient to "shocks", in case of an abrupt rise in unemployment and business insolvencies due to the COVID-19 pandemic.

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KUALA LUMPUR (Dec 6): Mah Sing Group Bhd's healthcare business unit Mah Sing Healthcare Sdn Bhd has received approval from the US Food and Drug...

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HONG KONG: After lurching from deadline to deadline, China Evergrande Group is again on the brink of default, with pessimistic comments from the property developer raising expectations of direct state involvement and a managed debt restructuring.

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KUALA LUMPUR (Dec 6): The High Court has on Monday fixed Jan 24 to deliver its decision on whether former deputy prime minister Datuk Seri...

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Hong Kong property firm New World Development has announced the launch of subsidised homes at discounts ranging from 40 to 50 per cent, aimed at helping lower income groups get on the property ladder.As part of New World Subsidised Housing, the develop...

South China Morning Post 4 hours ago

Hong Kong property firm New World Development (NWD) has announced the launch of subsidised homes at discounts ranging from 40 to 50 per cent, aimed at helping lower income groups get on the property ladder.As part of New World Subsidised Housing, the d...

South China Morning Post 4 hours ago

(Dec 6): Even by the volatile standards of Chinese stocks, the swings in Didi Global Inc. on Friday were extraordinary. In the span of just a...

The Edge Markets 4 hours ago

KUALA LUMPUR: Bursa Malaysia Derivatives Bhd's After-Hours (T+1) Night Trading Session, which goes live on Dec 6, is expected to bode well for the country's derivatives market, says Bursa Malaysia Derivatives CEO Samuel Ho.

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PUTRAJAYA (Dec 6): Former Federal Court judge Datuk Seri Gopal Sri Ram is to continue leading the prosecution in Datin Seri Rosmah Mansor’s corruption trial...

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KUALA LUMPUR (Dec 6): Foreign investors continued to be net sellers during the holiday-shortened trading last week with a net outflow amounting to RM550.90 million, MIDF Research said. The...

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SYDNEY (Dec 6): The dollar edged off last week's peaks against riskier currencies on Monday, as concerns about the Omicron variant seemed to ebb, though...

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