New Zealand banker slams stablecoins
WELLINGTON: New Zealand central bank governor Adrian Orr has issued a warning about crypto currencies such as stablecoins, saying they…
IMF’s Georgieva says Mideast growth to slow in 2024 on oil cuts
DUBAI: The International Monetary Fund (IMF) says the Middle East economies are lagging below growth projections due to oil production…
Hubline continues growing with barge buy
KUCHING: Hubline Bhd, which is involved in dry bulk shipping, expects to acquire another barge this year under its ongoing…
Force Motors posts 3Q profit on strong demand
BENGALURU: India’s Force Motors reported a fourth straight quarterly profit, helped by strong demand for its multi-seater passenger vehicles that…
Thailand to create asset firm to tackle soaring household debt
BANGKOK: Thailand will establish an asset management firm in the first quarter of this year to help resolve its stubborn…
South Korea’s CJ Logistics speeds up overseas expansion
SEOUL: CJ Logistics, the nation’s largest logistic firm, affiliated with retail giant CJ Group, is speeding up its overseas expansion…
FirstEnergy scraps 2030 climate goal in rare embrace of coal
NEW YORK: FirstEnergy Corp is abandoning its 2030 target for slashing greenhouse-gas emissions because coal plants can’t be replaced in…
RM480mil in new property launches from Genting Plantations in 2024
PETALING JAYA: Genting Plantations Bhd, through its property division, has plans to launch about RM480mil in new property in 2024,…
Jokowi orders agency to ‘flood market’ with rice
JAKARTA: Responding to reports of a scarcity of rice in the market, President Joko “Jokowi” Widodo has ordered the National…