Tue11212017

LAST_UPDATETue, 21 Nov 2017 8am

China's Bitcoin Exchanges Await Clarification, Markets Subdued For Now

Pic: ReutersSHANGHAI/BEIJING: China’s largest bitcoin exchanges are still awaiting clarification from the government following more media reports that Beijing is planning to ban trading of virtual currencies on domestic exchanges, but markets were largely subdued on Monday.

Read more: China's Bitcoin Exchanges Await Clarification, Markets Subdued For Now

Mercedes-Benz To Offer Electric Option For Every Car By 2022

Pic: ReutersFRANKFURT: Daimler’s Chief Executive Dieter Zetsche on Monday said Mercedes-Benz will offer electric versions of all its models by 2022, converting its Smart city car brand to become fully electric.

Read more: Mercedes-Benz To Offer Electric Option For Every Car By 2022

Thai Airways To Open New Route To Vienna

BANGKOK -- Thai Airways International (THAI), the national flag carrier, seeing a potential growth in European markets will debut a new route to Austria in November this year, Thai News Agency (TNA) reported.

Read more: Thai Airways To Open New Route To Vienna

Lucky 8? $1,000 Price Tag Dampens iPhone Enthusiasm In China

Pic: ReutersBEIJING: Apple Inc will launch an expected “iPhone 8” on Tuesday, hoping the number’s auspicious connotations in China will help turn around fortunes in the world’s biggest smartphone market after six quarters of falling sales.

Read more: Lucky 8? $1,000 Price Tag Dampens iPhone Enthusiasm In China

MNCs Urged To Work With Smes To Market Halal Products Globally - DPM

Photo: BernamaKUALA LUMPUR – Multinational corporations (MNCs) operating in Malaysia are encouraged to work with local small and medium enterprises (SMEs) to market halal products to the global market, said Deputy Prime Minister, Datuk Seri Dr Ahmad Zahid Hamidi.

Read more: MNCs Urged To Work With Smes To Market Halal Products Globally - DPM

FGV's Shares Up On Positive Future Plans

KUALA LUMPUR: Felda Global Ventures Holdings Bhd's (FGV) shares on Bursa Malaysia gained traction in the early trade today as its new Chairman, Datuk Wira Azhar Abdul Hamid, pledged to turn around the company as well as resolve the issues within the group.

Read more: FGV's Shares Up On Positive Future Plans

Dollar Stabilises After Selloff; Focus On North Korea, Hurricane Irma

Pic: Reuters

TOKYO: The dollar caught its breath in early Asian trading on Monday, pulling away from last week’s lows against its major rivals after the weekend passed without any missile launches by North Korea.

Read more: Dollar Stabilises After Selloff; Focus On North Korea, Hurricane Irma

Astrazeneca CEO, Worried By Brexit, Not Signing UK Government Letter

MADRID - AstraZeneca (AZN.L) Chief Executive Pascal Soriot, fearing a potentially abrupt Brexit, said on Saturday that lack of progress in negotiations made it impossible for him to sign a public letter of support for the British government’s strategy.

Read more: Astrazeneca CEO, Worried By Brexit, Not Signing UK Government Letter

China Studying When To Ban Sales Of Traditional Fuel Cars: Xinhua

BEIJING - China has begun studying when to ban the production and sale of cars using traditional fuels, the official Xinhua news agency reported, citing comments by the vice industry minister, who predicted “turbulent times” for automakers forced to adapt.

Read more: China Studying When To Ban Sales Of Traditional Fuel Cars: Xinhua

Bitcoin ETF Idea Still A Little Funky, Experts Say

Pic: ReutersNEW YORK: Demand for exchange-traded funds that would provide exposure to cryptocurrencies like bitcoin is strong, but regulators will likely wait until the underlying market matures more before approving such products, a panel of securities industry experts said on Friday.

Read more: Bitcoin ETF Idea Still A Little Funky, Experts Say