Wed02212018

LAST_UPDATEWed, 21 Feb 2018 12am

Petronas Renews Wan Zulkiflee's Contract

Filepic: Berita HarianKUALA LUMPUR: Tan Sri Wan Zulkiflee Wan Ariffin’s contract as Petronas President and Chief Executive Officer has been renewed for three years, effective  April 1, 2018.

Read more: Petronas Renews Wan Zulkiflee's Contract

Singapore RCEP Meeting Crucial, Says Mustapa

Pic: BernamaKUALA LUMPUR: The next  Regional Comprehensive Economic Partnership (RCEP) meeting, which will be held at the ministerial level on March 2, 2018, will be a crucial one to discuss the progress of the trade deal.

Read more: Singapore RCEP Meeting Crucial, Says Mustapa

Maybank Anticipates 30 Pct Rise In E-Ang Pow Transactions For CNY

KUALA LUMPUR -- Malayan Banking Bhd (Maybank) is anticipating a 30 per cent rise in the number of e-Ang Pow transactions this Chinese New Year given the continued adoption of digital banking convenience among customers.

Read more: Maybank Anticipates 30 Pct Rise In E-Ang Pow Transactions For CNY

Cryptocurrency Traders To Launch Lawsuit Against Coincheck On Thursday - Lawyer

Pic: Reuters

TOKYO - A group of cryptocurrency traders will file a lawsuit against Coincheck Inc on Thursday over last month’s theft of $530 million (£382 million) in digital money from the Tokyo-based exchange, a lawyer representing the claimants said.

Read more: Cryptocurrency Traders To Launch Lawsuit Against Coincheck On Thursday - Lawyer

Wegmans Holdings To Raise RM29m IPO

KUALA LUMPUR: Furniture exporter Wegmans Holdings Bhd aims to raise RM29 million from its initial public offering (IPO) on Bursa Malaysia next month.

Read more: Wegmans Holdings To Raise RM29m IPO

Boeing Hires Former Starbucks Senior Executive To Push For Global Sales

Linda Mills

SAN FRANCISCO -- US aerospace leader Boeing Company said Monday that it has hired Linda Mills, a former senior executive of Starbucks, as vice president of communications for Boeing Commercial Airplanes, China's Xinhua news agency reported.

Read more: Boeing Hires Former Starbucks Senior Executive To Push For Global Sales

Lawsuit Claims Steven A. Cohen's Firm Point72 Is Hostile To Women

Pic: Reuters

NEW YORK: A female executive at billionaire Steven A. Cohen’s Point72 Asset Management LP on Monday filed a lawsuit accusing the firm of operating as a “boys’ club” that subjects women to a openly hostile working environment and pays them less than men.

Read more: Lawsuit Claims Steven A. Cohen's Firm Point72 Is Hostile To Women

Oil Prices Settle Flat, Steady After A Week Of Losses

Pic: Reuters

NEW YORK: Crude markets began to steady yesterday, settling little changed on the day as global equities began to recoup some losses from their biggest one-week decline in two years.

Read more: Oil Prices Settle Flat, Steady After A Week Of Losses

Amazon Plans Hundreds Of Layoffs

Amazon is cutting hundreds of positions at its headquarters and global operations, a reset that comes after several years of significant growth.

Read more: Amazon Plans Hundreds Of Layoffs

EPF Likely To Announce Respectable Dividend For 2018

KUALA LUMPUR -- The market can still reasonably expect the Employees Provident Fund (EPF) to announce a respectable dividend for 2018 on the back of the current rising interest rate environment.

Read more: EPF Likely To Announce Respectable Dividend For 2018