Business

Fast Retailing says business has 'recovered markedly' as infections are contained around the world, including a sharp recovery in sales in Europe and North America after virus lockdowns were lifted.

Evergrande, which has more than US$300 billion in liabilities and 1,300 real estate projects in over 280 cities, missed a third round of interest payments on its international bonds this week.

The Japanese carmaker now expects to build nine million vehicles in the year to March 31, rather than 9.3 million.

The project will allow allow financial institutions to transact directly with each other in the digital currencies issued by participating central banks.

Excluding savings to be made through the merger, the new company is estimated to have a market capitalisation of close to RM50 billion.

This is the lowest rate since October last year.

Some 65% of Chinese companies in a recent survey place Malaysia at the top of their list.

This is part of its 'Together with Malaysia' initiative which PM Muhyiddin says will amount to at least RM4 billion over the next five years.

This is part of its policy shift towards expanding wealth management operations in 'wealth centres' where the company has best scaling opportunities.

This is significant for Malaysia as foreign investors turn into net buyers after a year which saw billions of dollars pulled out.

Bank signals confidence in economic recovery with mid-year exercise ahead of its annual programme.

Roblox, which allows users to create their own video games and gives them a share of related revenue, counted close to 33 million daily players in 2020.