Malaysian High Court Halts KNM Group’s Restructuring, Citing Legal Breaches and Scheme’s Inevitable Failure
In a decisive move, the Malaysian High Court has rejected KNM Group Berhad's bid for a restructuring lifeline, spotlighting a series of legal violations and the scheme's lack of viability.
Malaysia maintains stock trading amid coronavirus lockdown
The Malaysian government and Bursa Malaysia have reiterated that they will not suspend the local stock exchange despite the implementation of lockdown in the...
Google offers $340 million in Ads credits to help small businesses
As part of its coronavirus response package, Google is offering $340 million in Ads credits to small and medium-sized businesses that have active accounts...
High energy costs trigger unrest in parts of Europe.
MADRID Spain: High energy costs are stoking unrest in parts of Europe, with Spain deploying more than 23,000 police officers in cars and helicopters....
Global markets rise as US nears trillion-dollars’ worth stimulus package
After a sudden sink last month, world stock markets sharply soared Tuesday following the announcement of the United States that it is now working...
The U.S. reinstates 352 product exclusions from China tariffs.
WASHINGTON USA: The U.S. Trade Representative's office said on Wednesday it has reinstated 352 expired product exclusions from U.S. "Section 301" tariffs on Chinese...
China’s TCL to stop release of BlackBerry phones
TCL communications announced that it will stop the production of BlackBerry devices beginning this August as the licensing agreement officially ends.
In 2016, the Chinese...
South Korean exports jump as employees worldwide work from home
The outbound shipments of teleconferencing equipment and components from South Korea have soared to 10% in the past weeks as many employees around the...
Breaking News: YNH Property Bhd Entangled in MYR 20 Million Embezzlement Fiasco
YNH Property Bhd faces an embezzlement scandal involving over MYR 20 million in a suspicious joint venture deal. Key personnel are implicated, with regulatory violations and potential tax evasion being exposed.
UK gov’t denies claims about overpriced HS2 railways
The Government of the United Kingdom downgraded Deputy Chair Lord Berkeley’s claims that the development of the High Speed 2 (HS2) project has an...