Consumers, businesses lift US economic growth in Q2

WASHINGTON, July 28 ― The US economy accelerated in the second quarter as consumers ramped up spending and businesses invested more on equipment, confirming that the sluggish performance...

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Wall Street opens lower as Amazon weighs on tech stocks

WASHINGTON, July 28 ― US stock indexes opened lower today as Amazon’s profit miss spooked investors and dragged down shares of other technology companies. Amazon’s shares were down 4.21...

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Petronas to take a hit from Canada pullout, but sees long-term domestic gains

KUALA LUMPUR, July 28 ― Petronas may have to write off up to US$800 million (RM3.4 billion) for work already done at the US$29 billion Canadian liquefied natural gas (LNG) project, but...

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Berjaya unit purchases stake in 7-Eleven

KUALA LUMPUR, July 28 ― Berjaya Assets Bhd’s unit, Sublime Cartel Sdn Bhd, acquired 14.63 million shares, representing 1.32 per cent equity interest in 7-Eleven Malaysia Holdings Bhd, in...

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Barclays mistakenly sent client names to German debt agency

BERLIN, July 28 ― Barclays Plc mistakenly revealed client names and trading information to the German Finance Agency earlier this year. In an email to affected customers last week, the bank...

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More News

China Eastern buys 10pc Air France KLM stake

Japan’s Denso shares jump on strong results, outlook

China’s urban unemployment rate 3.95pc at end-June

Nasdaq streak ends, while Dow finishes at another record

Tokyo stocks open lower with investors showing caution

United Overseas Bank quaterly profit rises 5.5pc

KL shares retreat from yesterday’s three-week high

Subscription gains help put NYT in profit column

Twitter’s growth stall highlights contrast with Facebook

Short-term rates expected to remain stable

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