Malaysia's mammoth palm oil sector faces a new threat after Indian traders were asked to halt purchases amid a diplomatic row over Kashmir, piling further pressure on the industry as Europe also plans cutbacks.
The problems of black credit run deeper, suggesting what is truly needed is reform of the formal finance and micro-lending system, says Nicolas Lainez.
BEIJING: China's largely rubber stamp parliament has passed a new law on cryptography as the country gears up to launch its own digital currency, state media reported late on Saturday. China's central bank set up a research team in 2014 to explore launching its own digital currency to cut...
Profits at China's industrial firms declined 5.3per cent in September from a year earlier, the National Bureau of Statistics said on Sunday.
Louis Vuitton owner LVMH has approached Tiffany & Co with an acquisition offer, people familiar with the matter said on Saturday, at a time when the U.S. luxury jeweler grapples with the impact of tariffs on its exports to China.
WASHINGTON: Facebook said on Saturday (Oct 26) that it had removed an ad which falsely claimed that US Republican Senator Lindsey Graham supported the Green New Deal, demonstrating that it will fact-check ads from political groups but not politicians. The ad, which ran on Friday, was put up as a...
WASHINGTON: Donald Trump will suspend trade preferences for Thailand's seafood industry after it failed to take steps to improve worker rights, dealing a blow to the multi-billion dollar sector. Thailand is the world's third largest seafood exporter but its supplier status has been badly tainted ...
Chinese Vice Premier Liu He had a phone call with U.S. trade officials as both countries confirmed technical consultations on some parts of a trade agreement were basically completed, China's Ministry of Commerce said in a statement on Saturday.
Microsoft has won the Pentagon's massive US$10 billion cloud computing contract, the Defense Department said on Friday, selecting the company over competitors including Amazon.com, which had been seen as the favourite.
Wells Fargo has laid off more than 200 bankers in its U.S. lending divisions in recent months, as the bank reacted to business trends and restructured some units, sources familiar with the matter said this week.
