Australia’s economy shrinks in Q1, signals first recession in 30 years

SYDNEY: Australia’s economy shrank last quarter, setting the scene for what will be the country’s first…

WhatsApp, Paypal invest in Indonesian payment and ride-hailing firm Gojek

SINGAPORE: Facebook Inc messaging platform WhatsApp and Paypal Holdings Inc on Wednesday said they have invested…

Oil prices inch up ahead of OPEC+ meeting on extended output cuts

MELBOURNE: Oil prices crawled higher on Tuesday, with traders waiting to see whether major producers agree…

Argentina extends deadline of debt negotiations, may sweeten offer

BUENOS AIRES/NEW YORK: Argentina extended the deadline to negotiate with its creditors to June 12 and…

ANZ to sell NZ asset finance to unit to Japan’s Shinsei Bank for $479 mln

Australia and New Zealand Banking Group on Tuesday agreed to sell its New Zealand-based asset finance…

Foreign selling on Bursa slows to RM663.8m last weeek

PETALING JAYA: The intensity of foreign net selling activity on Bursa Malaysia softened last week during…

Australia’s stalled migrant boom derails golden economic run

SYDNEY: Australia’s three decades of uninterrupted prosperity are coming to an abrupt end as the global…

Asia cautious as U.S. riots weigh on S&P futures

SYDNEY: Asian share markets started on a cautious note and gold gained on Monday as images…

SC warns of rising clone firms scams

PETALING JAYA: The Securities Commission Malaysia (SC) has warned investors over the rise of clone firms…

CIMB names Abdul Rahman Ahmad as new group CEO

PETALING JAYA: CIMB Group Holdings Bhd has appointed Datuk Abdul Rahman Ahmad (pix) as its group…