|Wednesday, March 29, 2017

Business News

Saudi in ‘serious discussions’ with NYSE for Aramco IPO listing: foreign minister

WASHINGTON, Mar 24: Saudi Arabia is having “serious discussions” with the New York Stock Exchange about having the NYSE as one of the exchanges for state oil giant Saudi Aramco’s IPO, the Saudi foreign minister told Fox News on Thursday. “Our objective is to try to complete the IPO sometime in 2018. There are serious discussions with the New ...Full Article

‘Worst is over’ for Brazil’s meat scandal: Minister

BRASILIA, Mar 24: Worldwide markets have been slamming their doors on Brazilian meat since revelations that rotten product was being sold with faked certificates, but the agriculture minister said ...Full Article

BNM to facilitate more bank merger

KUALA LUMPUR, Mar 23: Bank Negara Malaysia (BNM) is ready to facilitate bank mergers if proposals come about, says Governor Datuk  Muhammad Ibrahim. There are a total of 27 ...Full Article

M’sian economy to sustain 4.3-4.8 pct growth

KUALA LUMPUR, Mar 23: Malaysia’s economy expanded 4.3 per cent in the third quarter driven mainly by domestic consumption and net exports, Bank Negara Malaysia Governor Datuk Muhammad Ibrahim ...Full Article

Ringgit to stabilise gradually, no more large outflow

KUALA LUMPUR, Mar 23: Measures undertaken by Bank Negara Malaysia has not only helped stem the ringgit’s decline but has gradually stabilised the currency, says Governor Datuk Muhammad Ibrahim. ...Full Article

Proton to announce strategic partner in May

IPOH, Mar 23: Proton Holdings Bhd is expected to announce its foreign strategic partner in May this year, said Second Minister ofInternational Trade and Industry, Datuk Seri Ong Ka ...Full Article

Malaysia remains open on TPP

KUALA LUMPUR, Mar 23: Malaysia is still keeping its options open on the Trans-Pacific Partnership (TPP) as 10 of its signatories met in Chile last week, said International Trade ...Full Article

Malindo Air celebrates 4th anniversary with promotions

KUALA LUMPUR, Mar 23: Celebrating its fourth anniversary, Malindo Air is offering exciting fares in its “4 Years of Excellence” campaign for flights to domestic destinations, departing from either ...Full Article

Ringgit continues downtrend to open lower against greenback

KUALA LUMPUR, Mar 23: he ringgit continued its downtrend to  open lower against the US dollar as weaker global crude oil price dampened demand for the local note. At ...Full Article

Brazil tries to rescue meat industry from scandal

BRASILIA, Mar 23: Brazil’s government fought on Wednesday (Mar 22) to save the country’s meat industry from getting burned in a corruption scandal that has prompted several countries to ...Full Article
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