Sunday, September 9th, 2018

 

Greece says fiscal success means pension cuts, tax hikes not needed

THESSALONIKI, Sept 9 — Prime Minister Alexis Tsipras, seeking re-election next year, said today that Greece would not need to cut pensions or raise taxes as planned because it was beating the budget targets agreed with its lenders. Tsipras, a…


TUC: Trade unions could support second Brexit vote if deal hurts workers

LONDON, Sept 9 — Britain’s Trades Union Congress will support a second referendum on a Brexit deal if Prime Minister Theresa May fails to get a deal with the European Union that can help the country’s workforce, General Secretary Frances…


Malaysia offers room for sharing economy to grow, says WEF advisor

GEORGE TOWN, Sept 9 — Malaysia can offer an abundance of room for the sharing economy to grow in view of the presence of companies such as Grab, Airbnb and Foodpanda, and this sector will become an increasingly essential piece of the overall…


World unprepared for next financial crisis, says ex-IMF chief

PARIS, Sept 9 ― The world is less well equipped to manage a major financial crisis today than it was a decade ago, according to Dominique Strauss-Kahn, a former chief of the International Monetary Fund (IMF). In an interview with AFP, the…


Jack Ma's Alibaba: E-commerce, film and food delivery

BEIJING, Sept 9 ― Chinese internet tycoon Jack Ma is retiring from Alibaba on Monday after transforming the e-commerce company into a global behemoth that has branched out into various businesses. Here are the different ventures that have helped…


Trump calls on Apple to move production from China to US

WASHINGTON, Sept 9 ― US President Donald Trump called yesterday for Apple to make its products in the US instead of China to avoid suffering the consequences of his trade war with Beijing. Trump has repeatedly called for companies to move…


Frictions in global trade order – and what this spells for Malaysia

US’ trade protectionism agenda is causing more problems than solutions for many of its trade allies – and the rest of the world. As one of the strongest and most influential economy, its new global trade policies and sanctions have rippled across the world, with its impact felt most by emerging markets (EM). Malaysia is […]


Market at crucial short-term bullish trend support level

The FBM KLCI snapped a two-week gain and pulled back as expected after climbing to a three-month high two weeks ago. Market sentiment was a little weak on weaker than expected corporate results and weakening ringgit. The FBM KLCI fell 1.1 per cent in a week to 1,8,99.17 points last Friday. The decline was in […]


Vital lessons from Malaysia’s most successful local eCommerce platforms

The final quarter of 2018 is beginning soon and along with it comes Malaysia’s most vital online sale periods. This includes the 11.11 (also known as Singles Day), Black Friday, 12.12 Sale and other year-end sales. This is eCommerce’s most crucial period as revenue and online traffic is set to double during the sale festival. […]


Alibaba’s Jack Ma to unveil succession plan next week, remain chairman

BEIJING, Sept 8 — Alibaba Group Holding Ltd’s billionaire co-founder Jack Ma will announce a succession plan on Monday to hand the reins of his sprawling empire to a new generation of leaders but will remain executive chairman for the time…