KUALA LUMPUR: Bursa Malaysia ended the week broadly lower, driven by persistent profit-taking, mostly seen in telecommunications and healthcare companies, amid cautious sentiments in the regional markets, dealers said. Read full storyContinue Reading
This week’s minutes and comments from a number of Fed top brass reinforced that view, with some pouring cold water on hopes for possible rate cuts in the new year. All eyes are now on next week’s central bankers’ symposium in Jackson Hole, Wyoming, where finance chiefs and central bankersContinue Reading
Troubled crypto lender and borrower Hodlnaut on Friday (Aug 19) laid off about 40 employees since pausing crypto withdrawals and disclosed an investigation by the Singapore police. The company, which applied for a form of creditor protection last week, did not reveal further details about the police proceedings. “While HodlnautContinue Reading
China’s cyberspace watchdog wants to build an “affectionate” relationship between Internet enterprises and the government, a senior official said on Aug 19, the latest verbal assurance to an industry still on edge after a long and bruising regulatory crackdown. Read full storyContinue Reading
China’s cyberspace watchdog wants to build an “affectionate” relationship between Internet enterprises and the government, a senior official said on Aug 19, the latest verbal assurance to an industry still on edge after a long and bruising regulatory crackdown. Read full storyContinue Reading
Footage has gone viral showing live fish and crabs being tested in China for the coronavirus.Continue Reading
SINGAPORE: A former UOB Kay Hian (UOBKH) trading representative was issued with prohibition orders by the Monetary Authority of Singapore (MAS) on Thursday (Aug 18) for false and unauthorised trading. The four-year prohibition orders against Ms Chua Kah Boey took effect on Thursday. A civil penalty of S$100,000 was alsoContinue Reading
The Government Lottery Office (GLO) has given sellers of digital tickets the option of reducing the price below 80 baht for the Sept 1 draw.Continue Reading
The Government Lottery Office (GLO) has given sellers of digital tickets the option of reducing the price below 80 baht for the Sept 1 draw.Continue Reading
SINGAPORE: Oil prices were little changed on Thursday as investors grappled with falling stockpiles in the United States, rising output from Russia and worries about a potential global recession. Read full storyContinue Reading