BEIJING: China’s consumer prices posted their first annual decline in more than two years in July, while factory gate prices extended their falls, data showed on Wednesday, as lacklustre demand weighed on the economy. The consumer price index (CPI) for the month dropped 0.3% year-on-year, the National Bureau of Statistics …

KUALA LUMPUR: For many people, buying a house is a dream come true. But when construction is delayed and they are forced to wait longer to move into their own home, they are saddled with two rather hefty payments every month – rental for the house they are currently living …

KUALA LUMPUR: India is eyeing economic opportunities that would arise with the Madani Economy framework, says the High Commissioner of India to Malaysia B.N. Reddy. One of those opportunities that he said the country would like to potentially partner with are Malaysian companies in the semiconductor industry. “The growth rate …

THE government should provide more training centres to produce skilled manpower in the automotive industry particularly for electric vehicles (EV). Johor Bumiputera Automotive and Tyre Association chairman Azreen Men said the presence of electric car giant Tesla was a signal that the country’s automotive industry was in need of an …

OTTAWA: Media on Tuesday asked Canada’s competition watchdog to investigate Meta’s blocking of news articles on Facebook and Instagram, accusing the tech giant of using its dominance to gobble up online advertising money. Meta began blocking news last week in response to a recent law requiring digital giants to pay …

PETALING JAYA: Datuk Seri Azmin Ali (pic) claims that his former boss turned political rival Datuk Seri Anwar Ibrahim still regarded him as his former private secretary even though he was supposedly “more successful” than the Prime Minister. “Anwar could not see me being more successful than him. He still …

PETALING JAYA: All five mobile service providers in Malaysia have welcomed both Rahmah mobile packages announced by the government, just four days before the six state elections. However, despite the thumbs up by the telecommunication companies (telcos), analyst Prem Jearajasingam believes the packages are negative or at best, neutral, on …

HAVING just set up a carwash business at the parking space of a hypermarket in Taman Pelangi, Kamaruddin Abu Bakar has one main wish – that the new Semenyih assemblyman maintains the area’s peace and prosperity so his new venture will be successful. “The district has seen much economic progress …

BOGOTA (Reuters) – Colombia’s attorney general’s office is investigating an alleged planned attack by National Liberation Army (ELN) rebels against top prosecutor Francisco Barbosa, it said on Tuesday. The announcement of the investigation comes less than a week after the ELN, a Marxist group that has fought the state since …

Tesla Inc has a long history of promoting talent from within. Outside hires don’t last for very long in the carmaker’s scrappy, hard-charging culture, and it takes a certain stamina to work for Elon Musk. Tesla’s new chief financial officer, Vaibhav Taneja, already has a hefty gig serving as the …