Money

Major cyberattack disrupts businesses around the world

FRANKFURT, June 28 ― A cyberattack wreaked havoc around the globe today, crippling thousands of computers, disrupting operations at ports from Mumbai to Los Angeles and halting production...

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Britain’s Co-op Bank agrees £700m rescue package

LONDON, June 28 ― Britain’s Co-operative Bank said on today it had agreed a £700 million (RM3.8 billion) financial rescue package with leading investors that will shore up its capital...

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Alibaba spending US$1b to raise stake in Lazada

SINGAPORE, June 28 ― Chinese e-commerce giant Alibaba Group Holding Ltd will invest an additional US$1 billion (RM4.3 billion) in Southeast Asian online retailer Lazada Group, boosting its...

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Japan regulator ends LNG resale restrictions

TOKYO, June 28 ― Japan’s anti-monopoly regulator ruled today that all new contracts for liquefied natural gas (LNG) should not contain restrictions on reselling cargoes of the fuel, adding...

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Toshiba misses self-imposed deadline for chip unit sale, sues Western Digital

CHIBA, June 28 ― Japan’s Toshiba Corp has pushed back its timeline to clinch a sale of its prized flash memory chip unit, saying the US$18 billion (RM77.3 billion) deal was being held up...

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More News

Google faces years of EU oversight on top of record antitrust fine

Ringgit closes lower on weak oil prices

Bursa closes lower on weak regional sentiment

Analysts upbeat about Proton-Geely deal

Japan, EU press ahead on free trade pact to counter US protectionism

Oil prices weighed down as US inventory gains revive glut worries

ChemChina completes US$43b takeover of Syngenta

Bursa extends downtrend at mid-afternoon

US$100b Chinese city in the sea is hit by capital controls (VIDEO)

Bursa Malaysia ends morning session easier

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