Pakistan to raise power prices in move to secure IMF loan
LAHORE: Pakistan is raising power prices by an average of 20% to bolster its chances of securing a new loan…
Seoul aims to raise US$1.3bil in dollar bond sale
SEOUL: South Korea is planning to raise as much as US$1.3bil in a dollar bond sale to set a stable…
Chile says Saudi Arabia mining minister to visit
SANTIAGO: Chile’s government says that Saudi Arabia’s mining minister will travel to the Latin American country in July and plans…
Adidas probes bribery allegations in China
LONDON: Adidas has launched an investigation into allegations of large-scale bribery in China after the company received a whistleblower complaint…
Japan to think about allowing nuclear plant expansions
TOKYO: Japan’s economy ministry is considering allowing the expansion of nuclear plants as older ones are being decommissioned, according to…
Fuel subsidy revamp a dampener on loan growth
PETALING JAYA: The banking sector is anticipated to come under pressure and post slower loan growth this year amid weaker…
Right time to resume FTA talks with EU
PETALING JAYA: Malaysia is better positioned to negotiate a free trade agreement (FTA) with the European Union (EU) this time…
Property and construction likely to get bigger index representation
PETALING JAYA: The recent review of the Bursa Malaysia indices saw additions of a number of property and construction counters…
Mixed outlook for Glomac on below-expectation FY24 performance
PETALING JAYA: Analysts have mixed views on property developer Glomac Bhd, as its performance for financial year 2024 (FY24) came…