Mon06252018

LAST_UPDATEMon, 25 Jun 2018 7pm

MBSB To Convert RM1 Bln Into Islamic Assets In 2 Years

Datuk Seri Ahmad Zaini Othman

KUALA LUMPUR -- Malaysia Building Society Bhd (MBSB) is targeting to convert its remaining 10 per cent conventional assets valued at RM1 billion into Islamic assets over the next two years.

Read more: MBSB To Convert RM1 Bln Into Islamic Assets In 2 Years

Perodua Secures Ride-Hailing, Ride-Sharing Service Fleet Purchase Of 1,000 Units

 

KUALA LUMPUR -- Perodua telah memperoleh pembelian pertama sebanyak 1,000 unit Perodua Bezza dan Axia daripada pembekal perkhidmatan e-hailing and perkongsian perjalanan yang beroperasi di negara ini.

Read more: Perodua Secures Ride-Hailing, Ride-Sharing Service Fleet Purchase Of 1,000 Units

Heavy Foreign Selling On Bursa Malaysia Continues For The Past Eighth Weeks

Filepic: Bernama

KUALA LUMPUR : Stocks listed on Bursa Malaysia have been subject to foreign selling for the past eighth uninterrupted weeks.

Read more: Heavy Foreign Selling On Bursa Malaysia Continues For The Past Eighth Weeks

Asian Stocks Fall, Oil Gives Up Some Gains After China Mov

BEIJING  — Asian stock markets fell Monday and oil prices gave up some of their gains after Chinese regulators freed up extra money for bank lending amid a trade dispute with Washington.

Read more: Asian Stocks Fall, Oil Gives Up Some Gains After China Mov

Uber Battles To Keep London License In Court Appeal

LONDON  - Uber goes to court on Monday to overturn a decision stripping it of its license in London after being ruled unfit to run a taxi service in its most important European market.

Read more: Uber Battles To Keep London License In Court Appeal

BIS Warns Of Trade War Threat But Says Rates Should Keep Rising

Pic: ReutersLONDON: The Bank for International Settlements (BIS) urged the world’s top central banks to keep lifting interest rates on Sunday, but warned escalating trade tensions between the United States and China could turn into a dangerous downward spiral.

Read more: BIS Warns Of Trade War Threat But Says Rates Should Keep Rising

Heavy Foreign Selling In Line With Asian Peers: Analysts

KUALA LUMPUR -- Both the markets and investors were further jolted this week by major announcements including on the controversial Tun Razak Exchange (TRX) project as well as market talk of a new lady governor for Bank Negara Malaysia.

Read more: Heavy Foreign Selling In Line With Asian Peers: Analysts

Contract Of MAHB Managing Director Ends Today

Datuk Mohd Badlisham Ghazali.

KUALA LUMPUR -- Malaysia Airports Holdings Bhd (MAHB) announced that today would be the last day of Datuk Mohd Badlisham Ghazali’s contractual tenure as MAHB Managing Director, a position he has held since June 23, 2014.

Read more: Contract Of MAHB Managing Director Ends Today

New BNM Governor Appointment Lifts Bursa Malaysia At Close

KUALA LUMPUR -- Bursa Malaysia closed higher today as investors reacted positively to the appointment of the new Bank Negara Malaysia (BNM) Governor, Datuk Nor Shamsiah Mohd Yunus.

Read more: New BNM Governor Appointment Lifts Bursa Malaysia At Close

Mexico Opium Poppy Growers See Price Drop, Turn To Marijuana

TENANTLA, Mexico — Opium poppy growers in southern Mexico who helped fuel the U.S. heroin epidemic say prices for their product have been driven so low — apparently by the use of synthetic opioids like fentanyl — that they are turning in desperation back to another crop they know well: marijuana.

Read more: Mexico Opium Poppy Growers See Price Drop, Turn To Marijuana