October 3, 2017

BNM formulating five-year national strategy to elevate financial literacy

KUALA LUMPUR, Oct 3: Bank Negara Malaysia (BNM) is currently formulating a five-year national strategy, with three main thrusts, namely clarity, collaboration and commitment, aimed at […]
October 3, 2017

EPF says usage of its i-Akaun facility up by 35.23 pct

KUALA LUMPUR, Oct 3: Employees Provident Fund (EPF) announced today that there has been a 35.23 per cent increase in the usage of i-Akaun to 8.45 […]
October 3, 2017

Ringgit slips further against USD

KUALA LUMPUR, Oct 3: The ringgit continued its downtrend against the US dollar for the second consecutive day of the week as traders were focused, awaiting […]
October 3, 2017

Goldman Sachs studying whether to trade bitcoins: Source

NEW YORK, Oct 3: Goldman Sachs is exploring whether to launch a trading venture in bitcoin in response to client demand, a person familiar with the […]
October 3, 2017

Bucking retailer trend, Starbucks shuts online store

NEW YORK, Oct 3: Starbucks, bucking a retailer trend focused on beefing up company-owned online stores, has shut its e-commerce site for the United States in […]
October 3, 2017

Monarch collapse leaves 110,000 holidaymakers stranded

LONDON, Oct 3: British short-haul carrier Monarch Airlines went bust on Monday (Oct 2) in the biggest airline failure in Britain, prompting the government to take […]
October 3, 2017

Uber’s UK boss quits as firm battles to keep London licence

LONDON, Oct 3: Uber’s top boss in Britain will quit the taxi hailing app just as the firm battles to overturn a decision to strip it […]
October 2, 2017

Khazanah expects 2018 Budget to have initiatives to boost technology development

KUALA LUMPUR, Oct 2: Government investment arm, Khazanah Nasional Bhd, expects the 2018 Budget to have initiatives to promote the development of technology, Managing Director, Tan […]
October 2, 2017

MAHB wooing five airlines to fly to KLIA

KUALA LUMPUR, Oct 2: Malaysia Airports Holdings Bhd (MAHB) is in the midst of wooing five new airlines, a mix of full and budget carriers, to […]
October 2, 2017

Ringgit depreciates against US dollar in early trade

KUALA LUMPUR, Oct 2: The ringgit fell against the US dollar on the first trading day of the final quarter of the year on lack of […]
October 2, 2017

Oil prices edge lower after strong third-quarter

TOKYO, Oct 2: Oil prices edged lower on Monday in early Asian trading, pausing for breath after posting gains of as much as 20 percent in […]
October 2, 2017

Honda to start mass recall in China over Takata airbags

BEIJING, Oct 2: Honda will recall more than 245,000 vehicles in China over concerns about airbags made by troubled Japanese giant Takata, Chinese authorities said on […]
October 2, 2017

Saudi economy contracts in first two quarters of 2017

RIYADH, Oct 2: Saudi Arabia’s economy contracted in the first two quarters this year as the OPEC kingpin continues to struggle to cope with low crude […]
October 2, 2017

Caught in the crossfire, Britain says will fight Boeing-Bombardier row

MANCHESTER, Oct 2: Britain, caught in the crossfire of a damaging trade dispute between plane manufacturers Boeing and Bombardier, said on Sunday (Oct 1) it would […]
October 1, 2017

Qatar Airways expects Meridiana to be Italy’s ‘real’ national carrier

  DOHA, Oct 1: Qatar Airways will back Meridiana to be Italy’s top airline, supplying it with wide and narrow bodied jets to help expand its […]
September 30, 2017

US fines HSBC US$175 million for lax forex oversight

WASHINGTON, Sep 30: The US central bank on Friday (Sep 29) fined global banking giant HSBC US$175 million for failing to oversee foreign exchange traders who […]
September 30, 2017

Deutsche Bank in US$190 million currency-rigging settlement

NEW YORK, Sep 30: Deutsche Bank AG agreed to pay US$190 million to settle U.S. litigation accusing it of rigging prices in the roughly US$5.1 trillion-a-day […]
September 30, 2017

URA to launch public tender for former Zouk site

SINGAPORE, Sep 30: The Urban Redevelopment Authority (URA) will launch a public tender for a commercial and residential site where the iconic nightclub Zouk used to be. In a […]