Tue05302017

LAST_UPDATEMon, 29 May 2017 11pm

BNM To Unveil New Regulatory Measures To Strengthen Banking System, Says Governor

KUALA LUMPUR: Bank Negara Malaysia (BNM) will introduce three regulatory measures to strengthen the foundations for a strong and resilient banking system in the next seven months which include employment reference check.

Read more: BNM To Unveil New Regulatory Measures To Strengthen Banking System, Says Governor

SC Releases Updated List Of Shariah-Compliant Securities

Pic: NST

KUALA LUMPUR: The Securities Commission Malaysia (SC) today released an updated list of Shariah-compliant securities approved by its Shariah Advisory Council (SAC).

Read more: SC Releases Updated List Of Shariah-Compliant Securities

Securities Commission And Bursa Malaysia Launch Mid And Small Cap Research Scheme

KUALA LUMPUR: Securities Commission and Bursa Malaysia today launched the two-year Mid and Small Cap (Mids) Research Scheme in order to spur the vibrancy of the local stock market.

Read more: Securities Commission And Bursa Malaysia Launch Mid And Small Cap Research Scheme

UMW Still On The Lookout For Potential Buyers To Offload O&G Assets

SHAH ALAM: UMW Holdings Bhd is still seeking potential buyers for the disposal of its unlisted oil and gas assets, said its president and group CEO Badrul Feisal Abdul Rahim.

Read more: UMW Still On The Lookout For Potential Buyers To Offload O&G Assets

AirAsia X Posts Higher Q1 Revenue Due To Increased Passenger Traffic

KUALA LUMPUR - AirAsia X Bhd posts a higher revenue at RM1.18 billion in the first quarter ended March 31, 2017 from RM970.67 million in the same quarter last year.

Read more: AirAsia X Posts Higher Q1 Revenue Due To Increased Passenger Traffic

US' Absence Creates Greater Opportunity For TPP11

KUALA LUMPUR - The US withdrawal from the Trans-Pacific Partnership (TPP) creates greater opportunity for the remaining 11 signatories (TPP11) to reform their domestic and regional trade regulations, said Dr Deborah K. Elms, the Executive Director of the Singapore-based Asian Trade Centre.

Read more: US' Absence Creates Greater Opportunity For TPP11

Boeing, DARPA To Build Prototype Spaceplane

Pic: ReutersCAPE CANAVERAL, FLA.: The U.S. Defense Advanced Research Projects Agency on Wednesday said it will invest up to $146 million in an alliance with Boeing to build an experimental spaceplane that can deliver small satellites into orbit on a daily basis.

Read more: Boeing, DARPA To Build Prototype Spaceplane

Moody's China Downgrade 'Illogical', Overstates Debt - People's Daily

Pic: ReutersThe decision by Moody's Investors Service to downgrade China's credit rating is "illogical" and overstates the levels of government debt, a commerce ministry researcher said in an editorial in the official People's Daily newspaper on Thursday.

Read more: Moody's China Downgrade 'Illogical', Overstates Debt - People's Daily

Japan Inc Sees Better Opportunities Beyond China's 'Belt And Road'

Pic: ReutersTOKYO: A vast majority of Japanese companies have no interest to participate in China's sweeping "Belt and Road" initiative, seeing greater business opportunities in other international economic co-operation, a Reuters poll shows.

Read more: Japan Inc Sees Better Opportunities Beyond China's 'Belt And Road'

China Downgrade Shows Emerging Market Ratings Stuck In Reverse

Pic: ReutersLONDON: A Moody's downgrade on China on Wednesday and the likelihood that Brazil and South Africa face further rating cuts in the coming months is highlighting how emerging market credit quality remains stuck in reverse.

Read more: China Downgrade Shows Emerging Market Ratings Stuck In Reverse