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Musk challengers turn billionaires as China battery giant soars

Musk challengers turn billionaires as China battery giant soars

The Chinese founder of the world’s biggest maker of electric-vehicle batteries and his top lieutenant became billionaires Monday after their company’s shares soared during the first day of trading in Shenzhen. The Toyota Motor Corp. plug-in hybrid Corolla vehicle stands plugged into a charging station at the Beijing International Automotive Exhibition in Beijing on April […]

June 11, 2018 | By | Reply More
RHB LAUNCHES MALAYSIA’S FIRST ONLINE FINANCING FOR SMES

RHB LAUNCHES MALAYSIA’S FIRST ONLINE FINANCING FOR SMES

RHB Banking Group  introduces a revolutionary online platform, RHB SME Financing, targeted at Malaysia’s small and medium enterprises. This first-of-its-kind SME Financing online platform will position RHB as a forerunner in the digital banking space for SMEs in the country. It is a simple, fast and seamless loan application experience with a user-friendly interface which […]

June 11, 2018 | By | Reply More
Bursa Malaysia ends lower

Bursa Malaysia ends lower

KUALA LUMPUR: Bursa Malaysia bucked the trend in most regional markets to end lower today, weighed by finance related stocks led by CIMB, Public Bank and Hong Leong Financial Group, dealers said. At the close, the key FTSE Bursa Malaysia KLCI (FBM KLCI) fell 2.52 points or 0.14% to 1,775.8, after opening 3.9 points easier […]

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Euro rises despite G7 fracas as investors look to ECB, Fed

Euro rises despite G7 fracas as investors look to ECB, Fed

The euro gained 0.4% to $1.1816, closing in on a two-week high of $1.1840 touched on Thursday. Euro banknotes.(Reuters pic) LONDON: The euro rose on Monday as traders turned their attention away from a divisive G7 summit towards a European Central Bank (ECB) policy meeting that could signal the beginning of the end of the […]

June 11, 2018 | By | Reply More
Stocks climb as busy week begins; Italy spurs Euro: markets wrap

Stocks climb as busy week begins; Italy spurs Euro: markets wrap

Investors are steeling themselves for more geopolitics to kick off the week, with Trump saying he feels “ very good” about Tuesday’s summit with Kim Jong Un. The dollar rally pauses ahead of a busy week for markets. (Bloomberg pic) LONDON: European stocks rose with most Asian shares as investors braced themselves for one of […]

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NAZA TTDI BANKS ON KL METROPOLIS FOR THE LONG HAUL

NAZA TTDI BANKS ON KL METROPOLIS FOR THE LONG HAUL

Naza TTDI maintains the RM20 billion KL Metropolis, a 75.5-acre mixed-use development, as its masterpiece in the Klang Valley. In anticipation of the sluggish property market in the first half of 2018, the property arm of Naza Group has put in place remedial strategies that are heavily supported by its continued development of the largest […]

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Facebook’s top market is heading for strict privacy rules

Facebook’s top market is heading for strict privacy rules

Srikrishna, a former Supreme Court judge is leading the effort to draft new data-privacy laws for India that will regulate how tech giants like Facebook, Google and Amazon from the U.S. and elsewhere operate in the nation of 1.3 billion. The number of internet users in India has surged beyond the total in the US.(Bloomberg […]

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SuperCharger HK 2018 raises US$14.4m and seals 47 commercial deals

SuperCharger HK 2018 raises US$14.4m and seals 47 commercial deals

SuperCharger FinTech Accelerator and Standard Chartered demonstrated the success of its programme for a third year running. Through the 12-week programme, the cohort companies have achieved 47 commercial deals, US$ 14.4 million funds raised, received 17 awards and formed a network of 372 mentors, partners, regulators and business stakeholders. Standard Chartered has newly launched a […]

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Nigeria moves to boost cocoa sector

Nigeria moves to boost cocoa sector

Agriculture was once the mainstay of Nigeria’s economy and provided jobs for more than 70% of the population until the discovery of oil. Farmer Oluranti Adeboye holds harvested cocoa — he says it’s been a good crop this year at his farm in the village of Sofolu. (AFP pic) IBADAN: Cocoa House in Ibadan, southwest […]

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Rolls-Royce 787 woes deepen as issue found in new engine variant

Rolls-Royce 787 woes deepen as issue found in new engine variant

The glitch concerns the intermediate pressure compressor on a “small number” of Package B Trent 1000 engines for the Boeing plane, London-based Rolls-Royce said in a statement. Employees of All Nippon Airways (ANA) queue in front of the company’s Boeing 787 Dreamliner plane after its test flight at Haneda airport in Tokyo April 28, 2013.(Reuters […]

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