Vape products could be taxed, says deputy finance minister
Steven Sim says the health ministry is looking into the legal framework for taxation.
Govt estimates RM5 billion losses from cigarette, alcohol smuggling
Deputy Finance Minister Steven Sim says the authorities will continue their efforts to combat the smuggling of cigarettes and alcohol to curb the leakage of tax revenue.
Apple forecasts another drop in revenue, proclaims iPhone production problems over
For the just-ended quarter, Apple's profits missed Wall Street expectations for the first time since 2016, dragged down by iPhone sales falling for the first time since 2020.
Credit Suisse ends 2021 with big loss
While other Swiss banks registered solid results for last year, Credit Suisse reported a net loss of nearly 1.6 billion Swiss francs.
Twitter sticks with ambitious targets despite earnings miss
For the full year 2021, the group's revenue came in at US$5.08 billion and was US$1.57 billion in the quarter, slightly below analyst expectations.
Airbnb profit soars on pandemic-era lifestyles
Users spent nearly US$12 billion on overnight stays and associated 'experiences' through Airbnb, up significantly from the same period a year ago as well as from the same quarter in 2019 before the pandemic stalled the travel industry.
Johor sultan concerned new rules for My Second Home programme will put off foreigners
He says this will mean massive revenue loss for the country.
As profits dive, HSBC heads home to Asia to revive fortunes
The London-based bank already generates the bulk of its revenues from Asia.
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