Thu09212017

LAST_UPDATEThu, 21 Sep 2017 10am

Malaysia Rakes In RM405.50 Mln Sales At CAEXPO, Exceeding Target

Ong Yew Chee.

NANNING (CHINA) -- Malaysia raked in RM405.50 million in sales at the just-concluded 14th China-ASEAN Expo (CAEXPO) 2017, exceeding the target of RM329.60 million, Malaysia External Trade Corporation Bhd (MATRADE) Director of China Unit Ong Yew Chee said.

Read more: Malaysia Rakes In RM405.50 Mln Sales At CAEXPO, Exceeding Target

Ahmad Fuaad To End Tenure As Proton CEO Sept 30

Datuk Ahmad Fuaad Kenali.

KUALA LUMPUR -- Datuk Ahmad Fuaad Kenali will end his tenure as Proton Holdings Bhd Chief Executive Officer (CEO) on Sept 30, 2017.

Read more: Ahmad Fuaad To End Tenure As Proton CEO Sept 30

ASEAN Needs Mechanism To Address Forex Volatility - Economist

KUALA LUMPUR -- ASEAN countries need to devise a mechanism to reduce volatility and address unstandardised foreign currency exchange rate in the region which could lead to expensive cross-border transactions and deter efforts to become a mega trading bloc.

Read more: ASEAN Needs Mechanism To Address Forex Volatility - Economist

EPF: United States A Key Market Within Our Investment Universe

Pic: NSTPKUALA LUMPUR: The Employees Provident Fund (EPF) says it will scrutinise foreign investment opportunities that fit its risk and return profile.

Read more: EPF: United States A Key Market Within Our Investment Universe

China Internet Finance Body Suggests Framework To Support Virtual Currencies

Pic: ReutersSHANGHAI: A senior executive at China’s internet finance association has urged Chinese regulators to create a framework of regulations to support the development of digital currencies amid a fierce crackdown on trading on virtual tender such as bitcoin.

Read more: China Internet Finance Body Suggests Framework To Support Virtual Currencies

Short-Term Rates To Remain Steady On BNM Intervention

KUALA LUMPUR: Short-term rates are expected to remain steady today on Bank Negara Malaysia's intervention to absorb excess liquidity from the financial system.

Read more: Short-Term Rates To Remain Steady On BNM Intervention

U.S. Stock Futures Drop, Yen Gains After North Korea's Missile Launch

Pic: Reuters

TOKYO: U.S. stock futures dipped and the yen rose after North Korea fired another missile over Japan into the Pacific Ocean on Friday, in a sign that Pyongyang remains defiant despite tightening international sanctions.

Read more: U.S. Stock Futures Drop, Yen Gains After North Korea's Missile Launch

Nestle To Brew High-End Coffee With Blue Bottle Buy

Pic: ReutersLONDON/LOS ANGELES: Nestle has bought a majority stake in California-based Blue Bottle Coffee, marking a first step by the packaged coffee leader into the hipster world of speciality bars that serve high-end, single-origin and cold brewed coffees.

Read more: Nestle To Brew High-End Coffee With Blue Bottle Buy

Oil Prices Holding Gains As Demand Outlook Brightens

TOKYO: Oil prices were lower on Friday but largely held gains that had prices flirting with multi-month highs, as the cleanup after hurricanes in the United States gathered pace and the outlook for demand took on a firmer tone.

Read more: Oil Prices Holding Gains As Demand Outlook Brightens

Bitcoin Exchange BTCChina Says To Stop Trading, Sparking Further Slide

Pic: ReutersBEIJING/SHANGHAI/LONDON: Chinese bitcoin exchange BTCChina said on Thursday that it would stop all trading from Sept. 30, setting off a further slide in the value of the cryptocurrency that left it over 30 percent away from the record highs it hit earlier in the month.

Read more: Bitcoin Exchange BTCChina Says To Stop Trading, Sparking Further Slide