Fri07282017

LAST_UPDATEFri, 28 Jul 2017 2pm

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

How A Budget Airline Is Driving Urbanization In Asia

Pic: Forbes

We are now deep into an era of mass urbanization in the emerging markets of Asia. 200 million people have urbanized across the continent during the first decade of the 21st century, and it has been posited that this movement is just beginning.

Read more: How A Budget Airline Is Driving Urbanization In Asia

Japanese Exchanges To Suspend Bitcoin Trading From Sunday

TOKYO -- Bitcoin trading through Japanese exchanges will be suspended starting on Sunday, instead of Aug 1 as previously planned, Japan’s Jiji Press reported an industry group as saying.

Read more: Japanese Exchanges To Suspend Bitcoin Trading From Sunday

Fitch Maintains 'Junk' Rating On Turkey, Points To Stimulus Costs

ISTANBUL: Ratings agency Fitch on Friday maintained its “junk” rating on Turkey’s sovereign debt, citing domestic political and regional risks as well as the impact of economic stimulus measures that could weaken the country’s fiscal performance.

Read more: Fitch Maintains 'Junk' Rating On Turkey, Points To Stimulus Costs

Partnerships In Education Vital For Malaysia, New Zealand’s Diplomatic Ties

MALAYSIA, 21 JULY 2017: Strong sectoral partnerships, including education, have been a key element in the warm relationship between Malaysia and New Zealand over the last 60 years, said New Zealand’s High Commissioner to Malaysia, Dr John Subritzky.  

Read more: Partnerships In Education Vital For Malaysia, New Zealand’s Diplomatic Ties

AirAsia Introduces KL To Davao Route From Dec 21; Fares Start From RM99

DAVAO: Low-cost airline, AirAsia Bhd (AirAsia) has introduced its latest route to Davao, Philippines from Kuala Lumpur, with four times weekly direct flights, which will commence on Dec 21.

Read more: AirAsia Introduces KL To Davao Route From Dec 21; Fares Start From RM99

IMF Approves In Principle Us$1.8-Bln Loan Arrangement For Greece

WASHINGTON -- International Monetary Fund (IMF) executive board on Thursday approved US$1.8 billion of stand-by loan arrangement for Greece in principle, China's Xinhua news agency reported.

Read more: IMF Approves In Principle Us$1.8-Bln Loan Arrangement For Greece

[Video] Ferrari Celebrates Its 70th Anniversary With The Launch Of The Laferrari Aperta In Malaysia

Pic: KLGG

Naza Italia the only official importer and distributor of Ferrari in Malaysia have revealed the limited edition LaFerrari Aperta, a special series model launched to mark Ferrari’s 70th Anniversary.

Read more: [Video] Ferrari Celebrates Its 70th Anniversary With The Launch Of The Laferrari Aperta In Malaysia

New Agreement Will Allow US Rice Exports To China

China has agreed to allow imports of rice from the US for the first time.

Read more: New Agreement Will Allow US Rice Exports To China

ReV Asia Sees 'Important Role' In KLIC

REV Asia Bhd is set to play a significant part in the formation of Kuala Lumpur Internet City (KLIC), the premier digital hub of the first Digital Free Trade Zone (DTFZ) in Malaysia as well as the world.

Read more: ReV Asia Sees 'Important Role' In KLIC