Amazon delivers hefty profits, led by web services
SAN FRANCISCO: Internet colossus Amazon on Thursday (Apr 26) reported that its quarterly profit more than doubled on soaring revenue from online commerce and cloud services.
Amazon said it earned US$1.6 billion in the first three months of this year on revenue that soared to US$51 billion from US ...
(May 24): Malaysia’s new finance minister is taking a sledgehammer to 1MDB. A less blunt tool would do the job just as well, probably better.
Lim Guan Eng is busy telling the world about the shocking state of affairs at the scandal-ridden state fund. But that won’t sate the Malaysian public’s desire for justice. Investors, meanwhile, are uneasy about things getting out of hand. Already, foreigners have sold out of the nation’s stocks for 13 consecutive days.