Wed02222017

LAST_UPDATEWed, 22 Feb 2017 2pm

EPF Will Remain Prudent Amid Challenging Environment, Says CEO

KUALA LUMPUR: The Employees' Provident Fund (EPF) aims to sustain its performance this year amid challenging environment.

Read more: EPF Will Remain Prudent Amid Challenging Environment, Says CEO

Minister: Proton Not Selling 51% To Foreign Partner

ALOR GAJAH: Talk that Proton Holdings Bhd will sell 51% of its shares to a foreign company are untrue, as the final decision has not been made, International Trade and Industry Minister II Ong Ka Chuan said yesterday.

Read more: Minister: Proton Not Selling 51% To Foreign Partner

Toshiba: Why Troubled Japanese Firms Survive

"What else are you hiding?" screamed journalists at Toshiba executives, according to this reporter's tweet from Tokyo.

Read more: Toshiba: Why Troubled Japanese Firms Survive

Brazil's Meirelles Says States To Get 3-Year Reprieve In Debt Deal

Brazilian Finance Minister Henrique Meirelles said cash-strapped states that sign up for a debt relief program would get three years to repay loans owed to the federal government and to private banks as long as they commit to drastic spending curbs.

Read more: Brazil's Meirelles Says States To Get 3-Year Reprieve In Debt Deal

U.S. Crude Prices Rise As Investors Bet Big On Oil Strength

U.S. crude futures rose for a second day on Tuesday, with data showing hedge funds are betting big across oil markets following OPEC production cuts agreed last year.

Read more: U.S. Crude Prices Rise As Investors Bet Big On Oil Strength

EU Privacy Watchdogs Say Windows 10 Settings Still Raise Concerns

European Union data protection watchdogs said on Monday they were still concerned about the privacy settings of Microsoft's Windows 10 operating system despite the U.S. company announcing changes to the installation process.

Read more: EU Privacy Watchdogs Say Windows 10 Settings Still Raise Concerns

Toshiba Wants To Raise At Least $8.8 Billion From Sale Of Chip Unit Majority Stake: Source

Pic: Reuters

Toshiba Corp wants to raise as least 1 trillion yen ($8.83 billion) from the sale of a majority stake in its NAND flash memory business to plug a hole in its finances from a $6.3 billion writedown of its U.S. nuclear unit, a source said.

Read more: Toshiba Wants To Raise At Least $8.8 Billion From Sale Of Chip Unit Majority Stake: Source

Asian Stocks Steady, Euro Pressured By French Election Worries

Asian stocks held near 1-1/2-year highs in subdued early trade on Tuesday as a holiday in the United States left investors with few catalysts, while the euro nursed overnight losses as lingering concerns about the looming French election rattled its bonds.

Read more: Asian Stocks Steady, Euro Pressured By French Election Worries

Britons Say Economy Their Top Concern, Overtaking Immigration - Poll

Britons are now more concerned about the economy than they are about terrorism or immigration, a survey showed on Tuesday, another sign that consumers are feeling increasingly worried about Britain's decision to leave the European Union.

Read more: Britons Say Economy Their Top Concern, Overtaking Immigration - Poll

Germany Sees Encouraging Signs On Jobs In Opel Talks

Pic: Reuters

Initial talks between the German government and carmakers PSA (PEUP.PA) and General Motors (GM.N) have led to some encouraging signals that jobs at Opel factories will be preserved, but no guarantees have been made yet, a top official said on Monday.

Read more: Germany Sees Encouraging Signs On Jobs In Opel Talks