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March 30, 2018 2:51 AM Classic Mini gets electrified ahead of production EV

The Classic Mini Electric on the streets of New York. — Handout via AFPNEW YORK, March 30 — Mini has unveiled an electric version of its iconic “Classic” model ahead of the New York Auto Show, which opens to the public today. This one-off Classic Mini Electric concept comes ahead of a production Mini Electric vehicle, due by 2019. Since Mini presented 81

March 29, 2018 7:08 AM Stock rout wipes US$141b off China’s three tech kings

People talk in front of a Baidu's company logo at Baidu's headquarters in Beijing January 16, 2014. — Reuters picSHANGHAI, March 29 — China’s walled off tech universe isn’t offering its biggest companies much protection from the global equity rout. The so-called BAT block of Baidu Inc, Alibaba Group Holding Ltd and Tencent Holdings Ltd have seen their 43

March 27, 2018 3:26 PM BMW faces US class action lawsuit over emissions

The logo of BMW is pictured during a media preview day at the Frankfurt Motor Show (IAA) in this September 10, 2013 file photo. — Reuters picFRANKFURT, March 27 — German carmaker BMW faces a class-action lawsuit filed in a New Jersey court today for alleged emissions cheating on diesel vehicles including its X5 and 330d models. “BMW’s representations 43

March 27, 2018 3:33 AM Collapse of HNA’s Swiss IPO sets back US$16b garage sale

A HNA Group logo is seen on the building of HNA Plaza in Beijing, China February 9, 2018. — Reuters picBEIJING, March 27 — HNA Group Co’s scrapped initial public offering of its Swiss airline caterer dialed up the pressure for the embattled conglomerate as it seeks to raise about US$16 billion (RM62.6 billion) during the first half of the year to reduce 39

March 22, 2018 5:07 AM Charity fundraising after Facebook’s data breach, risks but little choice (VIDEO)

Figurines are seen in front of the Facebook logo in this illustration taken March 20, 2018. — Reuters picWASHINGTON, March 22 — The scandal engulfing Facebook has prompted privacy concerns among charities, but experts say the platform’s unrivalled reach means they have little choice but to continue relying on it to raise money. Facebook was rocked this weekend 52

March 22, 2018 2:07 AM DAP unlikely to feature in Kelantan ballots for GE14

Kelantan DAP chief Chua Chin Hui speaks during the launch of the Pakatan Harapan interracial relations committee at Pasir Mas March 21, 2018. — PicturePASIR MAS, March 22 — DAP downplayed its chances last night of contesting the 14th general elections (GE14) in Kelantan, despite expressing interest in two state seats last year. Kelantan DAP chief Chua Chin Hui told ethnic 23

March 21, 2018 6:44 AM China carmaker Geely’s 2017 net profit soars amid global push

The Geely Automobile Holdings logo is pictured at the Auto China 2016 show in Beijing April 25, 2016. — Reuters picSHANGHAI, March 21 — Chinese carmaker Geely Automobile Holdings Ltd, whose chairman recently took a US$9 billion (RM35.2 billion) stake in Germany's Daimler AG, said today its profits more than doubled in 2017, driven by strong domestic 26

March 20, 2018 8:27 AM 2018 Maserati Ghibli now available in Malaysia

The starting price for the standard model Ghibli is RM618,000 (inclusive of local taxes and duties), while both the GrabLusso and GranSport variants are priced at RM668,800. — Picture via MaseratiKUALA LUMPUR, March 20 — The 2018 Maserati Ghibli, the marquee’s best-selling vehicle in its history, is now available in Malaysia with two models, the Ghibli 72

March 19, 2018 2:38 AM Hyundai Motor shares tumble following US probe of air bag failures

A visitor walks past a Hyundai Motor logo at a Hyundai dealership in Seoul April 25, 2013. — Reuters picSEOUL, March 19 — Shares of Hyundai Motor slid today after a US regulator said it had opened a probe into why some air bags failed to deploy in Hyundai and Kia vehicles following crashes that reportedly killed four people and left six injured. This is the second 34

March 12, 2018 12:59 PM Singapore-based Broadcom to redomicile to US by April 3

Broadcom Limited company logo is pictured on an office building in Rancho Bernardo, California May 12, 2016. — Reuters picSINGAPORE, March 12 — Singapore-based Broadcom Ltd said today it expects to redomicile to the United States by April 3, two days before the chipmaker’s acquisition target Qualcomm Inc holds its annual shareholder meeting. Broadcom’s 54