Category: Business

Likely pause in output hikes

LONDON: Saudi Arabia, Russia, and six other members of the so-called “Voluntary Eight” (V8) within OPEC+ are expected to approve another modest increase in oil

German beer sales lowest on record

FRANKFURT: German beer sales fell to their lowest level on record in the first half of 2025, marking a sobering milestone for the country’s brewers.

Will stablecoins become everyday money?

NEW YORK: Stablecoins might not make people into surprise millionaires the way bitcoin did, but these cryptocurrencies are designed to be more useful when it

Beyond stopgap measures

KUALA LUMPUR: Malaysia’s successful push to lower the US-imposed reciprocal tariff from 25 per cent to 19 per cent marks a strategic trade reprieve —

BIG will invest RM22.9 mln in ASU

KUCHING: B.I.G. Industries Bhd (BIG) will invest RM22.9 million in an air separation unit (ASU) to boost industrial gas production capacity. Wholly-owned subsidiary BIG Industrial

WTK reports lower log production

KUCHING: WTK Holdings Bhd has reported sharply lower log production to 47,486 cubic metres (cu m) in the April-June 2025 quarter (2Q2025), down 42,330 cu