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Singapore’s Golden Gate Ventures launches US$10 million crypto fund

Singapore’s Golden Gate Ventures launches US$10 million crypto fund

The fund, called LuneX Ventures, will invest in early-stage companies globally such as cryptocurrency exchanges and security providers. Singapore skyline (AFP pic) SINGAPORE: Singapore-based venture capital firm Golden Gate Ventures said on Friday it will launch a US$10 million fund to invest in cryptocurrency and blockchain technology startups. The fund, called LuneX Ventures, will invest […]

August 10, 2018 | By | Reply More
Aug 10: Ringgit opens lower against US dollar

Aug 10: Ringgit opens lower against US dollar

<p>KUALA LUMPUR: The ringgit opened lower against the US dollar this morning as investors adopted a guarded approach towards riskier assets.</p> © New Straits Times Press (M) Bhd

August 10, 2018 | By | Reply More
Aug 10: Bursa Malaysia rebounds from low open

Aug 10: Bursa Malaysia rebounds from low open

<p>KUALA LUMPUR: Bursa Malaysia opened lower this morning but rebounded shortly after.</p> © New Straits Times Press (M) Bhd

August 10, 2018 | By | Reply More
Samsung unveils Note 9, upgraded watch and home speaker

Samsung unveils Note 9, upgraded watch and home speaker

The new S Pen stylus allows users to remotely control the camera and switch between slides in a presentation – it’ll also allow more accurate writing and drawing on the phone’s screen. Galaxy Note 9 smartphones and Galaxy watches (Bloomberg pic) SEOUL: Samsung Electronics Co unveiled the Galaxy Note 9 in New York, banking on […]

August 10, 2018 | By | Reply More
Bursa Malaysia opens lower but rebounds thereafter

Bursa Malaysia opens lower but rebounds thereafter

Maybank Investment Bank Bhd said the mixed Wall Street performance overnight despite positive sentiment over strong corporate earnings had placed investors on the sidelines. The main entrance of the Bursa Malaysia building. (Bernama pic) KUALA LUMPUR: Bursa Malaysia opened lower but rebounded thereafter on lack of fresh catalysts due to the mixed performance of US […]

August 10, 2018 | By | Reply More
Ringgit falls against US dollar in early session

Ringgit falls against US dollar in early session

KUALA LUMPUR: The ringgit was lower against the US dollar in the early session today on weaker demand for the local note as investors adopted a guarded approach towards riskier assets. At 9.05am, the local unit stood at 4.0770/0800 against the greenback from 4.0740/0770 recorded at the close yesterday. FXTM Global Head of Currency Strategy […]

August 10, 2018 | By | Reply More
Bursa Malaysia opens lower but rebounds thereafter

Bursa Malaysia opens lower but rebounds thereafter

KUALA LUMPUR: Bursa Malaysia opened lower but rebounded thereafter on lack of fresh catalysts due to the mixed performance of US stock markets overnight. At 9.05am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) was 1.31 points firmer at 1,806.26 from Thursday’s close of 1,804.95. The index opened 0.68 points easier at 1,804.27. On the […]

August 10, 2018 | By | Reply More
Ringgit falls against dollar in early session

Ringgit falls against dollar in early session

FXTM Global Head of Currency Strategy & Market Research, Jameel Ahmad said concerns over the trade war between the United States and China remained rampant, if not escalating even further. Stacks of Malaysia Ringgit notes are seen in the illustration. (Bloomberg pic) KUALA LUMPUR: The ringgit was lower against the US dollar in the early […]

August 10, 2018 | By | Reply More
'Bursa may hit 1,900 points this year'

'Bursa may hit 1,900 points this year'

<p>KUALA LUMPUR: MALAYSIA’S stock market bourse has breached 1,800 points again after plunging to 1,660 mark after the 14th General Election (GE14), and looks set to test the 1,900 level in the coming months.</p> © New Straits Times Press (M) Bhd

August 10, 2018 | By | Reply More
Bega Cheese: regulator approved Saputo dairy plant purchase

Bega Cheese: regulator approved Saputo dairy plant purchase

Bega Cheese will buy the facility from a local arm of Saputo for US$184 million – the deal was announced in July. The Murray Goulburn manufacturing facility in Rochester, Australia, May 2017. (Reuters pic) BEGA: Dairy products maker Bega Cheese Ltd said on Friday the Australian competition regulator had approved its purchase of Saputo Inc’s dairy […]

August 10, 2018 | By | Reply More