Rakuten logs US$213mil quarterly loss as mobile losses negate fintech growth
TOKYO: Japan's Rakuten Group on Tuesday logged an operating loss of 33.3 billion yen ($213 million) in the January-March quarter,…
China, other countries to spur trade
CHINA, along with other countries, will work toward the common goal of advancing trade and investment liberation and facilitation, officials…
Oil steady as investors await US inflation data, OPEC report
SINGAPORE: Oil prices were little changed on Tuesday as investors eyed fresh drivers, including upcoming U.S. inflation indicators and a…
Apple supplier Foxconn’s first-quarter profit jumps 72% but misses forecasts
TAIPEI: Apple supplier Foxconn reported a 72% rise in first-quarter profit, boosted by strong demand for AI servers and coming…
China c.bank seen keeping lending rate on hold, yuan constrains easing
SHANGHAI/SINGAPORE: China's central bank is widely expected to leave a key policy rate unchanged when rolling over maturing medium-term loans…
Hong Kong banks face credit risks from property downturn, Moody’s says
BEIJING: The protracted property downturn in Hong Kong and mainland China could weaken credit strength of banks in Hong Kong,…
Asian FX and stocks hit pause as focus turns to US inflation data
ASIAN currencies and stocks were little changed on Tuesday under pressure from a steady dollar, as investor focus turned to…
YTL Corp, YTL Power drive FBM KLCI upward
KUALA LUMPUR: Bursa Malaysia continued its uptrend on Tuesday, boosted by strong buying in YTL Corp and YTL Power International.
Uzma bags non-rig assisted services contract from ExxonMobil
PETALING JAYA: Uzma Bhd has received a letter of award from ExxonMobil Exploration and Production Malaysia Inc (EMEPMI) for non-rig…