Business

Chinese Premier criticises EU move on trade measures

SHANGHAI, May 25 — Chinese Premier Li Keqiang criticised the European Union over its plans to investigate alleged anti-competitive behaviour by Chinese mobile telecom equipment makers and to impose punitive import duties on solar panels from China, state media reported.

The official Xinhua news agency reported late on Friday that Li had told ... Read More

Apple CEO Tim Cook confers with staff during a break at a Senate homeland security and governmental affairs investigations subcommittee hearing in Washington, May 21, 2013. — Reuters pic

Apple CEO Tim Cook confers with staff during a break at a Senate homeland security and governmental affairs investigations subcommittee hearing in Washington, May 21, 2013. — Reuters pic Read More

Recent Articles

AirAsia still wants jets after record orders

MONACO, May 25 — AirAsia, which smashed order records for Airbus jets to become Asia’s largest budget carrier, could buy another 50 planes as it targets aggressive expansion in India, Chief Executive Tony ... Read More

EU steps up quest to solve youth unemployment

BRUSSELS, May 25 — European leaders have decided youth unemployment and the risk of social breakdown are among the toughest challenges they face and finding solutions will be a top priority for the coming ... Read More

IMF’s Lagarde escapes formal investigation in French case

PARIS, May 25 — French magistrates decided last night not to place IMF chief Christine Lagarde under formal investigation over her role in a €285-million (RM1.1 billion) arbitration payment made to a ... Read More

Tiger Global invests US$50m in Automattic’s WordPress.Com

SAN FRANCISCO, May 24 — Automattic, the company that operates blogging service WordPress.com, announced a US$50 million (RM151 million) investment from hedge fund and private-equity investor Tiger Global ... Read More

Investors look for signs in Wall Street’s rally break

NEW YORK, May 25 — The US stock market’s break in its recent rally this week left investors wondering if they’re seeing a turning point or just a blip in the upward path.Next week could make it harder to ... Read More

News Corp to take charge of up to US$1.4b this quarter

NEW YORK, May 25 — News Corp said today it will write down the value of its Australian and US publishing assets by up to US$1.4 billion (RM4.2 billion), as the company prepares to split its business ... Read More

NextGen ePerolehan to be implemented in 2015

PUTRAJAYA, May 24 — The new version of the government procurement system, NextGen ePerolehan, is 20 per cent ready and will be implemented in 2015 in an effort to improve the Federal government’s delivery ... Read More

Britain’s FTSE steadies after worst day in a year

LONDON, May 24 — Britain’s leading shares steadied today after their steepest fall in a year in the previous session, with central bankers offering some reassurance that stimulus will stay for a while ... Read More

German business morale rises more than expected in May

BERLIN, May 24 — German business morale rose far more than expected in May, rebounding after two consecutive falls and suggesting Europe’s largest economy is picking up steam after posting anaemic growth ... Read More

Gold climbs as Fed official says no rush to end bond buying

SINGAPORE, May 24 — Gold rose on Friday, on track for its strongest week in a month, after a US Federal Reserve official said there was no rush to end the monetary easing programme that has increased the ... Read More

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