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Indonesia hikes fuel prices by 30%, cuts energy subsidies

JAKARTA, Indonesia: Fuel prices increased by about 30% across Indonesia on Saturday. After the government reduced some of the costly subsidies that have kept...

EcoWorld in end-financing tie-up with Public Bank

PETALING JAYA: Eco World Development Group Bhd (EcoWorld) has inked a memorandum of understanding (MoU) with Public Bank Bhd to offer a special end-financing...

Asian stock markets mixed ahead of latest US jobs reading

Asian stock markets were mixed ahead of U.S. jobs data that might influence Federal Reserve plans for more interest rate hikes to cool surging...

Standard Chartered Malaysia Launches SmartStocks

KUALA LUMPUR: Standard Chartered Malaysia has launched SmartStocks, a one-stop online share trading platform. Bringing clients the convenience of trading on 12 exchanges across...

Malaysia attracts RM123.3 billion worth of approved investments for Jan-June 2022...

KUALA LUMPUR: Malaysia has attracted RM123.3 billion (US$28.0 billion) worth of approved investments in the manufacturing, services, and primary sectors involving 1,714 projects from...

Arizona Gov. Ducey hails Taiwan semiconductor investment

TAIPEI, Taiwan: Arizona Gov. Doug Ducey on Thursday hailed economic and educational cooperation with Taiwan. Marked by a $12 billion investment in his state...

IMF set to provide $2.9 billion to help crisis-hit Sri Lanka

COLOMBO, Sri Lanka: The International Monetary Fund has reached a preliminary agreement to provide Sri Lanka with $2.9 billion, over four years to help...

Biden waiving the ethanol rule in a bid to lower gasoline...

MENLO, Iowa USA: With inflation at a 40-year high, President Joe Biden journeyed to corn-rich Iowa on Tuesday. To announce a modest step aimed...

Biden, Modi to speak as US presses for a hard line...

WILMINGTON USA: President Joe Biden is set to speak with Indian Prime Minister Narendra Modi as he presses world leaders to take a hard...

S&P downgrade indicates Russia headed for historic default

BOSTON USA: The credit rating agency Standard & Poor’s has downgraded its assessment of Russia’s ability to repay foreign debt. Signaling rising prospects that...
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