Category: Business

Malaysia Airlines, AirAsia merger unlikely

KUALA LUMPUR: Aviation is among the sectors hardest hit by the Covid-19 pandemic, possibly driving many airlines into technical bankruptcy. For Malaysia’s major airlines, experts say a rescue plan is a

AirAsia counters top picks after announcement

KUALA LUMPUR: AirAsia counters emerged as among the most active stocks on Bursa Malaysia today after the low-cost carrier announced it will resume its scheduled domestic flights,

Oil prices depressed, remain below $40

KUALA LUMPUR: Market participants are doubtful that a historic one-year oil production cut pledged by major producers recently would solve the oversupply problem. For the week just