Fri06222018

LAST_UPDATEFri, 22 Jun 2018 11am

Robust Economy Spurred Airasia To Hit Record Numbers - Fernandes

Pic: BernamaKUALA LUMPUR: Malaysia’s robust economy has helped low-cost carrier AirAsia hit record numbers, its Group Chief Executive Officer, Tan Sri Tony Fernandes said.

Read more: Robust Economy Spurred Airasia To Hit Record Numbers - Fernandes

Crypto Trading Tumbles As Investment Scramble Unwinds

Pic: ReutersLONDON: Trading activity on cryptocurrency exchanges has halved from its December peak, industry data shows, as retail interest in the virtual coins declines and the prices of many remain far below their recent highs.

Read more: Crypto Trading Tumbles As Investment Scramble Unwinds

Asian Oil Demand To Hit Record, But Industry Can't Take Eyes Off Middle East

Pic: ReutersSINGAPORE: Asian oil demand will hit a record in April just as global crude values are lifted to levels not seen in three years by Middle East supply risks and top exporter Saudi Arabia withholding output and noisily pushing for prices at $80 to $100 per barrel.

Read more: Asian Oil Demand To Hit Record, But Industry Can't Take Eyes Off Middle East

Japan's Cryptocurrency Exchanges Need Tighter Rules - Monex CEO

Pic: ReutersTOKYO: Japan’s cryptocurrency exchanges should be regulated more like banks as they hold investors’ assets while offering trading platforms, the chief executive of online brokerage Monex Group Inc said.

Read more: Japan's Cryptocurrency Exchanges Need Tighter Rules - Monex CEO

Malaysia Airlines Offers Up To 40 Pct Off On Air Tickets

KUALA LUMPUR -- Malaysia Airlines Bhd’s Grand Travel Deals will offer customers from up to 40 per cent off ON air tickets to selected destinations, and a wide range of travel perks, including discounted children’s fares, extra baggage and hotel bookings.

Read more: Malaysia Airlines Offers Up To 40 Pct Off On Air Tickets

Ringgit May Weaken In The Event Of A Change Of Government

KUALA LUMPUR – The ringgit may weaken in the near term, possibly on the back of capital outflows by foreign investors, in the scenario of a change of government after the 14th General Election (GE14).

Read more: Ringgit May Weaken In The Event Of A Change Of Government

MATRADE To Promote Industry 4.0-Related Products In Germany

KUALA LUMPUR -- The Malaysia External Trade Development Corporation (MATRADE) is organising an Export Acceleration Mission (EAM) to promote and support local exporters of Industry 4.0-related machinery products and services at the Hannover Messe 2018 trade fair in Germany.

Read more: MATRADE To Promote Industry 4.0-Related Products In Germany

50 Starbucks Kiosks To Be At Selected Petronas Stations Throughout Malaysia

KUALA LUMPUR – Good news for Starbucks coffee lovers! At least 50 Starbucks kiosks within a year will make the coffee available at selected Pertronas service stations throughout the country.

Read more: 50 Starbucks Kiosks To Be At Selected Petronas Stations Throughout Malaysia

Asia Shares Hit By Tech Warning, Oil Holds Near Highs

SYDNEY: Asian shares slipped on Friday as a warning on smartphone demand from the world’s largest contract chipmaker slugged the tech sector, while lofty oil prices stirred inflation fears and undermined sovereign bonds.

Read more: Asia Shares Hit By Tech Warning, Oil Holds Near Highs

China Looks To Speed Up Chip Plans As U.S. Trade Tensions Boil - Sources

Pic: ReutersBEIJING: China is looking to accelerate plans to develop its domestic semiconductor market amid a fierce trade stand-off with the United States and a U.S. ban on sales to Chinese phone maker ZTE that has underscored the country’s reliance on imported chips.

Read more: China Looks To Speed Up Chip Plans As U.S. Trade Tensions Boil - Sources