'Mr Nice Guy' replaces Mahathir

Former deputy prime minister Abdullah Ahmad Badawi was sworn on Friday as the fifth Malaysian prime minister, taking over from Mahathir Mohamad, who has led the nation for 22 years, report......

Rupee outperforms most EM peers as dollar surges to a 20-year high

If there was one event that made the month of August stand out, it was a strengthening of the dollar index to levels last seen only 20 years ago, as the Federal Reserve dispelled all doubts about......

Tata Sons now has majority stake in AirAsia

Tata Sons will increase its stake in budget carrier AirAsia India (AAI) to 83.67 per cent by acquiring an additional 32.67 per cent for $37.66 million from AirAsia Investment Ltd (AAIL), according......

Rupee one of the worst performers among its Asian peers

The Indian rupee is down nearly 2 per cent against the US dollar since the beginning of January 2019. Experts attribute the Indian rupee’s relatively poor performance to a......

Jet finally lands in NCLT as banks give up revival plan

After due deliberations, the lenders have decided to seek resolution for Jet Airways under the bankruptcy code since only a conditional bid was received. Harried bankers on Monday decided against......