Leave a Comment on Ringgit rebounds against US dollar at opening
Continue Reading... Ringgit rebounds against US dollar at opening
Posted in Global News

Ringgit rebounds against US dollar at opening

KUALA LUMPUR: The ringgit opened slightly higher against the US dollar today due to uncertainties in the market sentiments ahead…

Leave a Comment on Bank Negara surprises by raising OPR to 3%
Continue Reading... Bank Negara surprises by raising OPR to 3%
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Bank Negara surprises by raising OPR to 3%

KUALA LUMPUR: Bank Negara Malaysia in a surprised move has raised the overnight policy rate (OPR) by 25 basis points…

Leave a Comment on Petronas Chemical Acquisition Cost Of Da Vinci Group Revised To EUR233 Million
Continue Reading... Petronas Chemical Acquisition Cost Of Da Vinci Group Revised To EUR233 Million
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Petronas Chemical Acquisition Cost Of Da Vinci Group Revised To EUR233 Million

Petronas Chemicals Group Berhad has informed that its full acquisition cost of Da Vinci Group B.V. first announced back in…

Leave a Comment on Naza Automotive Group dreams big in EV segment foray
Continue Reading... Naza Automotive Group dreams big in EV segment foray
Posted in Corporate

Naza Automotive Group dreams big in EV segment foray

KUALA LUMPUR (May 3): Cars importer and distributor Naza Automotive Group has huge plans for its new venture into the…

Leave a Comment on Zhejiang Geely transfers Proton stake to listed affiliate as part of internal restructuring
Continue Reading... Zhejiang Geely transfers Proton stake to listed affiliate as part of internal restructuring
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Zhejiang Geely transfers Proton stake to listed affiliate as part of internal restructuring

KUALA LUMPUR (May 2): Zhejiang Geely Holding Group Co Ltd (ZGH) has transferred its entire 49.9% stake in Proton Holdings…

Leave a Comment on Moving Away from US Dollar: Implications of an Asian Monetary Fund
Continue Reading... Moving Away from US Dollar: Implications of an Asian Monetary Fund
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Moving Away from US Dollar: Implications of an Asian Monetary Fund

Malaysia’s Prime Minister Dato’ Seri Anwar Ibrahim has recently revived the proposal for an Asian Monetary Fund (AMF) in a…

Leave a Comment on IBM to pause hiring for jobs that AI could do
Continue Reading... IBM to pause hiring for jobs that AI could do
Posted in Technology

IBM to pause hiring for jobs that AI could do

International Business Machines Corp chief executive officer Arvind Krishna said the company expects to pause hiring for roles it thinks…

Leave a Comment on Saudi Aramco soars to become world’s second largest company
Continue Reading... Saudi Aramco soars to become world’s second largest company
Posted in Global News

Saudi Aramco soars to become world’s second largest company

Saudi Arabia’s state-owned oil and gas giant Aramco has overtaken Microsoft to become the world’s second-largest company in terms of market value,…

Leave a Comment on TotalEnergies, Sinopec pitched for role in Saudi gas project -sources
Continue Reading... TotalEnergies, Sinopec pitched for role in Saudi gas project -sources
Posted in Global News

TotalEnergies, Sinopec pitched for role in Saudi gas project -sources

May 2 (Reuters) – Saudi Arabian oil giant Aramco (2222.SE) is in a “listening phase” on proposals from refining giant Sinopec Corp…

Leave a Comment on Axiata to merge Dialog Axiata in Sri Lanka with Airtel Lanka
Continue Reading... Axiata to merge Dialog Axiata in Sri Lanka with Airtel Lanka
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Axiata to merge Dialog Axiata in Sri Lanka with Airtel Lanka

KUALA LUMPUR (May 2): Axiata Group Bhd has entered into a binding term sheet to combine the operations of its…