Fri07282017

LAST_UPDATEFri, 28 Jul 2017 2pm

MPay Solutions For PICKnGO

MANAGEPAY Systems Bhd (MPay) has come on board to provide end-to-end electronic payment solutions for the recently launched taxi app, PICKnGO.

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Trade initiative: Great potential in Latin America

MALAYSIA External Trade Development Corp (Matrade) expects an improvement in the total trade between Malaysia and Latin American companies by year’s end following the improving global economy.

Read more: Trade initiative: Great potential in Latin America

Airasia Expects To Form Asean Holding Company In 2 Years

LOW-COST airline AirAsia Bhd expects to form a holding company in Asean within the next two years, an optimism based on its recognition as an Asean brand in the region.

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Southeast Asia's Grab To Get $2.5 Billion Extra Firepower In Battle With Uber

SINGAPORE- Southeast Asian ride-hailing service Grab expects to raise $2.5 billion in a record round of fundraising to cement its lead over Uber Technologies Inc [UBER.UL] in the region and grow its payments platform.

Read more: Southeast Asia's Grab To Get $2.5 Billion Extra Firepower In Battle With Uber

BMW Rejects Media Reports Of Emissions Manipulations

Pic: ReutersFRANKFURT: German carmaker BMW on Sunday rejected media reports that the emissions treatment systems in its vehicles do not work effectively and that it colluded with rivals on their design.

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China To Build Africa's Tallest Skyscraper In Morocco

A Chinese firm has signed a deal with local companies to build Africa's tallest skyscraper in the Moroccan capital, Rabat.

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Ebbing Risk Appetite Grounds Asian Stocks, Dollar Sulks As Euro Strengthens

Pic: Reuters

SINGAPORE: Asian stocks slipped on Monday as demand for riskier assets ebbed after recent strong gains, while the euro's near-two-year high on the European Central Bank's seeming lack of concern about its strength left the dollar languishing near a 13-month low.

Read more: Ebbing Risk Appetite Grounds Asian Stocks, Dollar Sulks As Euro Strengthens

Oil Steady After Fall Ahead Of Opec/Non-Opec Meeting

Pic: Reuters

TOKYO: Oil prices were little changed this morning following a steep fall in the previous session amid growing expectations that the joint Opec and non-Opec ministerial meeting later in the day would address rising production from Nigeria and Libya, two Opec members exempted from the cuts.

Read more: Oil Steady After Fall Ahead Of Opec/Non-Opec Meeting

Britain Launches First Phase Of Energy Storage Investment

Britain's Secretary of State for Business, Greg Clark, arrives in Downing Street for a cabinet meeting, in central London, Britain July 18, 2017.

LONDON: Business minister Greg Clark will launch the first phase of a 246 million pound investment into battery technology on Monday, part of the government's industrial strategy to boost productivity and spread wealth in Britain.

Read more: Britain Launches First Phase Of Energy Storage Investment

Dollar Struggles Near 13-Month Low As U.S. Political Woes Weigh

Pic: Reuters

TOKYO: The dollar struggled near a 13-month low against a basket of major currencies on Monday as U.S. political woes dampened hopes for quick passage of President Donald Trump's stimulus and tax reform agendas.

Read more: Dollar Struggles Near 13-Month Low As U.S. Political Woes Weigh