Indonesia’s oldest shoemaker Bata closes its only factory
P. T. Sepatu Bata, the oldest footwear manufacturer in the country, had ceased production at its only factory in the…
FBM KLCI stays firm, but profit-taking pressures mount
KUALA LUMPUR: The rally on the domestic market could be taking a pause as global markets digest recent gains following…
World’s record-breaking temperature streak extends through April
BRUSSELS (Reuters) - The world just experienced its hottest April on record, extending an 11-month streak in which every month…
Ringgit opens lower against US$ amid Middle East tensions
KUALA LUMPUR: The ringgit retraced yesterday's gains to open weaker on Wednesday, as the greenback strengthened against other major currencies, analysts…
Australia raises minimum savings for student visa, warns on fake recruitment
SYDNEY (Reuters) - Australia said on Wednesday it would raise the amount of savings international students will need to get…
Singapore’s MAS asks DBS to identify reasons for disruptions, The Strait Times reports
SINGAPORE's central bank is following up with DBS Bank, the banking arm of DBS Group, to identify the root cause…
UOB posts small drop in quarterly profit, confident of maintaining key margin level
SINGAPORE: Singapore's United Overseas Bank (UOB) posted a smaller-than-expected 2% drop in first-quarter profit on Wednesday and said it was…
FBM KLCI drifts sideways in search of fresh leads
KUALA LUMPUR: Malaysia's benchmark stock index erased earlier gains in the lead up the midday break as investors took profit…
Malaysia to attract more foreign inflows as rich baby boomers pass on wealth worth US$1.9T – SC
KUALA LUMPUR: Malaysia is set to draw more foreign inflows as Asia's largest intergenerational wealth transfer is on the cards, said…