Tag: Investment

Bitcoin passes $30,000 for the first time

Bitcoin, the leading virtual currency, saw its price pass $30,000 on Saturday for the first time in just its latest record high. The first decentralised cryptocurrency surpassed $30,823.30 at 1313 GMT, according to data compiled by the Bloomberg news agency, having broken $20,000 on December...

Michael Jackson’s Neverland Ranch sold for knockdown price

michael-jackson’s-neverland-ranch-sold-for-knockdown-price
LOS ANGELES, Dec. 25 -- Michael Jackson's famed Neverland Ranch in California has finally sold, more than 10 years after the death of the pop star who abandoned the property following his trial on charges of molesting a young boy there. Billionaire investor Ron Burkle,...

Making Singapore a land of farmers

Kuala Lumpur, Dec. 13 -- Singapore is known for its ambition. This tiny nation (just 700 square kilometres in area, 400 times smaller than Malaysia) is now one of the most competitive economies on Earth. And yet even by its own standards, it has set a...

MB: Johor poised to be regional hub for drones, robotics with dedicated zone in Iskandar Malaysia

mb:-johor-poised-to-be-regional-hub-for-drones,-robotics-with-dedicated-zone-in-iskandar-malaysia
ISKANDAR PUTERI, Dec. 8 -- Johor may become a major player in the regional drone and robotics industry with a dedicated zone that could attract investments worth RM350 million and create over 1,000 job opportunities by 2025, said Mentri Besar Datuk Hasni Mohammad. He said...

LGE: Expect more credit rating downgrades if PN govt continues to bury its head in the sand

expect-more-credit-rating-downgrades-if-perikatan-govt-continues-to-bury-its-head-in-the-sand,-says-ex-finance-minister
KUALA LUMPUR, Dec. 7 -- DAP's Lim Guan Eng has warned the government to expect more sovereign credit rating downgrades for Malaysia in the future if it does not accept that the country is in the midst of an economic and political crisis. The recent...

TikTok keeps ticking in US as deadline for asset sale passes

by Glenn CHAPMAN TikTok continued serving up short videos in the US despite missing a Trump administration deadline to come up with an acceptable deal to put its American assets into US hands. Talks between TikTok parent ByteDance and government negotiators were continuing despite the missed...

‘Fashion requires constant and relentless evolution’, says Federico Marchetti

‘fashion-requires-constant-and-relentless-evolution’,-says-federico-marchetti
India, Dec. 5 -- While customers think of what they're going to wear tomorrow, designers and fashion houses think one season ahead. Federico Marchetti, on the other hand, has been ahead of the curve by years. "My philosophy is to find a balance between the...

Tengku Zafrul: Govt targets shadow economy, no more selling of duty-free cigarettes

tengku-zafrul:-govt-looks-to-improve-revenue-collection-through-shadow-economy,-no-more-selling-of-duty-free-cigarettes
KUALA LUMPUR, Nov. 28 -- The government announced several measures to improve revenue collection including from the shadow economy, Finance Minister Datuk Seri Tengku Zafrul Aziz said. This would mean that there will be no more selling of duty-free cigarettes on duty-free islands. "So, no more...

Analysis | India has rightly shunned RCEP for now

analysis-|-india-has-rightly-shunned-rcep-for-now
India, Nov. 20 -- India's decision to stay out of the China-backed Regional Comprehensive Economic Partnership, or RCEP, Asia's mega free-trade agreement (FTA), has been met both with a sense of approval and disappointment and divided economists on the issue. The RCEP is an FTA...

Trump’s trade war does little good for US industry

trump’s-trade-war-does-little-good-for-us-industry
by Delphine TOUITOU When President Donald Trump visited a Whirlpool factory in Ohio in August, he boasted that his trade policy had led to the creation of about 200 jobs for the appliance manufacturer at the plant. But in slapping tariffs on appliances and components imported...
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