Malaysia's central bank holds key rate at 2.75%
Bank Negara Malaysia said its monetary policy stance was “appropriate and supportive of the economy amid price stability” — Malaysia’s central…
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Culture
Malaysia’s central bank pauses rate cuts, signals confidence in economic outlook
Bank Negara Malaysia left its benchmark interest rate unchanged at 2.75 per cent on Thursday (Sep 4), noting that the global economy is expanding but remains fragile. The decision to keep…
Immigrants, women, and Black people are exiting the workforce
The number of immigrant workers in the United States is declining. According to preliminary Census Bureau data analyzed by the Pew Research Center, more than 1.2 million immigrants left…
The newbie’s guide to getting the most out of AI
At the University of Texas, where I’m senior vice provost of academic affairs, our credo (coined by the head of our Office of Academic Technology, Julie Schell) is to be AI Forward and AI…
Chinese e-commerce giants rush to Europe as Trump upends trade
Some of China’s biggest e-commerce and logistics companies, such as JD.com, are making a beeline to Europe’s warehouses once again, as US President Donald Trump’s tariffs reshape…
Qatar Airways plans expansion of China passenger, cargo flights
Qatar Airways QCSC will expand passenger flights and beef up its air cargo business in China as it looks to deepen ties to one of the world’s biggest and fastest-growing aviation…
Asia: Markets tick up after Wall Street rebound
Asian stock markets were mostly up on Thursday morning, tracking gains made on Wall Street as a weak labour market report in the United States boosted hopes for an interest-rate cut.…
Japan’s Nidec shares sink 22% on fears of systematic accounting issues
Nidec’s shares plunged as much as 22 per cent, the most on record, after the Japanese electronic components maker found evidence that senior executives may have been involved in a number…
Blackstone revamps Asia real estate unit as senior executive steps down
Blackstone is revamping the senior management at its Asia real estate unit as its long-serving head of acquisitions is set to leave, sources familiar with the matter said. Alan Miyasaki,…
China weighs curbs on stock speculation to foster steady gains
China’s financial regulators are considering a number of cooling measures for the stock market as they grow concerned about the speed of a US$1.2 trillion rally since the start of August,…
Trump asks Supreme Court to quickly take up tariffs case after loss at appeals court
The Trump administration took the fight over tariffs to the Supreme Court on Wednesday, asking the justices to rule quickly that the president has the power to impose sweeping trade…
More Chinese companies looking to manufacture in Indonesia: OCBC
Chinese companies are increasingly looking to set up their manufacturing operations in Indonesia, instead of just exporting and distributing their products in the South-east Asian nation.…
Prosecution, defence spar over request for evidence on how banks reacted to Hyflux power strategy
A war of words erupted between the prosecution and defence in the Hyflux criminal trial on Sep 3, following a surprise request by Senior Counsel Davinder Singh for correspondence between…
Bank Indonesia to raise interest paid on government deposits under ‘burden sharing’ deal
Indonesia’s central bank said it had agreed on a “burden sharing” arrangement with the government where it will raise the interest rates it pays on government deposits as a way to help the…
DHS ends deportation amnesty for Venezuelans
The Homeland Security Department announced the end of a years-old deportation amnesty for migrants from Venezuela, saying Wednesday that the program has become too much of a threat to…
US tells countries to reject UN ship fuel emissions deal or face tariffs: sources
The United States has told countries to reject a United Nations’ marine fuel emissions-cutting deal or face tariffs, visa restrictions and port levies, US and European officials and…
Stocks to watch: Keppel, Keppel DC Reit, Oiltek, mm2 Asia
The following companies saw new developments that may affect trading of their securities on Thursday (Sep 4): Keppel, Keppel DC Reit: The manager of Keppel DC Reit announced on Wednesday…
Bill to ban lawmakers from trading stock wins unusual bipartisan alliance
An unusual alliance emerged in the House on Wednesday as lawmakers who agree on little else rallied support for a bill that would prohibit members of Congress and their families from…
Noem: Angola prison 'absolutely' chosen to hold immigrant detainees because of reputation
Federal authorities purposefully chose a notorious Louisiana prison to hold immigration detainees as a way to encourage people living illegally in the U.S. to self-deport, Department of…
Navy reverses demotion of Rep. Ronny Jackson, former White House doctor
Rep. Ronny Jackson announced that the Navy has restored his retired rank of rear admiral, overturning a 2022 demotion that followed a scathing investigation that found major issues with…
McDonald’s exits restaurant group as wage rift divides industry
The National Restaurant Association has said that tipped workers often make much more than minimum wage McDonald’s pulled out of the trade group that lobbies on behalf of the…
Federal Reserve report spotlights strains felt by US businesses, households
US ECONOMIC activity and employment were mostly little changed or unchanged in recent weeks while prices rose moderately or modestly, the Federal Reserve said on Wednesday, a mixed report…
Raising Cane’s is expanding to London’s West End in 2026, the chicken chain’s first European location
While some wonder how the chicken crosses the road, Raising Cane’s is figuring out just how chicken fingers can cross the pond. The nation’s fast-growing restaurant chain is set to open…
NTT Data hedges its AI bets
Global systems integrator NTT Data is navigating the rising tensions between artificial intelligence (AI) giants in the East and West by forging deeper partnerships on both sides, said…