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NEWS

Centara signs management deal for another Maldives resort

April 14, 2017

CENTARA HOTELS & Resorts recently signed a hotel-management agreement for a beach resort under the Centara umbrella in Maldives, Centara Grand Muthaafushi Resort & Spa Maldives.

Only 45 pct Malaysians have investment accounts with PNB

April 07, 2017

TEMERLOH: Only 45 per cent out of close to 30 million Malaysian population have at least one account in unit trusts managed by Permodalan Nasional Malaysia Bhd (PNB).

China's top securities regulator vows to punish "iron roosters" with no dividend payout

April 07, 2017

SHANGHAI: China's top securities regulator urged listed companies to reward investors with cash dividends, vowing to punish stingy "iron roosters."
 

Asia stocks down, dollar posts gains on positive U.S. data

March 30, 2017

Asian shares fell on Friday as investors balanced positions on the last day of the quarter. The dollar rose on positive U.S. economic growth data and the euro was flat after overnight losses on figures suggesting slowing expansion in Europe.

Ringgit lower against US$ early Friday

March 30, 2017

KUALA LUMPUR: The ringgit was lower against a rejuvenated US dollar early Friday, said a dealer. At 9.23 am(0123gmt) Friday, the ringgit was quoted at 4.4220/4260 against the dollar from 4.4190/4220 at 6pm on Thursday.

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Bull market not dead as tax reform takes spotlight

March 23, 2017

The death of the Republican healthcare reform may not prove to be the knife to the heart of the bull market some had feared, but to keep the Trump Trade alive investors should temper expectations for the breadth of expected tax cuts.

Iceland to end capital controls from 2008 financial crisis

March 12, 2017

Capital controls, such as those to restrict money flowing in and out of the country, were imposed in 2008 after the country's biggest banks collapsed.

Thailand: Where women rule finance and men think banking is boring

March 10, 2017

AS ONE of four presidents at Thailand’s biggest lender, Kasikornbank Pcl, Kattiya Indaravijaya often conducts interviews for senior positions. The job candidates are impressive. And almost always, they’re women.
 

US regulators reject Bitcoin ETF, digital currency plunges

March 10, 2017

NEW YORK: The U.S. Securities and Exchange Commission on Friday denied a request to list what would have been the first U.S. exchange-traded fund built to track bitcoin, the digital currency.

Wall St slips as investors take profits after record day

March 01, 2017

NEW YORK: US stocks slipped on Thursday as investors booked profits after a record day on Wall Street that propelled the Dow Jones Industrial Average above 21,000 for the first time ever.

FGV quarterly profit eases on impairments, trading losses, but revenue rises to RM5.2b

February 28, 2017

KUALA LUMPUR: Felda Global Ventures Holdings Bhd's (FGV) fourth quarter net profit ended December 2016 settled 21.4 per cent to RM110.60 million from RM140.70 million, dented by lower oil palm fruit harvest and one-off impairments.

Ringgit ends higher against US dollar

February 23, 2017

KUALA LUMPUR: The ringgit ended higher against the US dollar today as investors' interest shifted away from the greenback, following the release of the US Federal Reserve's (Fed) meeting minutes yesterday.

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