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Malaysian women need to take charge of finances for sustainable financial stability, says FPAM chief

Malaysian women need to take charge of finances for sustainable financial stability, says FPAM chief

There are a handful of personal finance challenges that are unique to women. From staying on top of her personal finance situation to surviving a divorce or the death of a spouse to planning for a longer life, women should learn how to prepare for a financially secure future. Financial Planning Association of Malaysia (FPAM) […]

October 20, 2018 | By | Reply More
Millennial and Gen Z Muslim Travelers driving a US$180 Billion (RM736 Billion) Online Travel Market

Millennial and Gen Z Muslim Travelers driving a US$180 Billion (RM736 Billion) Online Travel Market

The increasing reliance on the internet, social media and smartphones for place discovery and travel bookings by Muslim Millennials and Generation Z is driving the travel market with online travel expenditure by Muslim travelers expected to exceed US$180 billion (RM736 billion) by 2026. The Mastercard-CrescentRating Digital Muslim Travel Report 2018 (DMTR2018) has revealed insights shaping the growth of […]

October 20, 2018 | By | Reply More
Major WTO showdown looks harder to avoid as US, China, EU spar

Major WTO showdown looks harder to avoid as US, China, EU spar

Soybeans are harvested with a combine harvester in this aerial photograph taken above Illinois, US. (Bloomberg pic) WASHINGTON: The US, China and the European Union moved a few steps closer to a major clash at the World Trade Organisation that risks testing the global trade referee’s neutrality and President Donald Trump’s patience for an institution […]

October 20, 2018 | By | Reply More
China’s growth dragged down by construction, bolstered by tech

China’s growth dragged down by construction, bolstered by tech

Residential buildings stand under construction beyond a pile of earth in Golmud, Qinghai province, China. (Bloomberg pic) BEIJING: Construction and manufacturing were the main drags for China’s slower-than-expected third-quarter economic growth while technology offered some support, supplementary data released Saturday show. Growth in the construction sector slowed to 2.5% from a year earlier compared with […]

October 20, 2018 | By | Reply More
CrowdStrike hires Goldman Sachs to lead IPO

CrowdStrike hires Goldman Sachs to lead IPO

A Goldman Sachs Group Inc. logo hangs on the floor of the New York Stock Exchange in New York, US. (Bloomberg pic) NEW YORK: Cybersecurity software maker CrowdStrike Inc has hired investment bank Goldman Sachs Group to prepare for an initial public offering that could come in the first half of next year, people familiar […]

October 20, 2018 | By | Reply More
Fox Network taps the executive behind ‘Walking Dead,’ ‘Mad Men’

Fox Network taps the executive behind ‘Walking Dead,’ ‘Mad Men’

Programming executive Charlie Collier. (Bloomberg pic) LOS ANGELES: The man who brought “The Walking Dead” to the world will help bring a once-slumping broadcast network back to life. 21st Century Fox Inc. hired Charlie Collier, one of the top programming executives in the TV business, to run its broadcast network and entertainment operations, according to […]

October 20, 2018 | By | Reply More
BOJ deputy gov doubts digital currency will enhance monetary policy

BOJ deputy gov doubts digital currency will enhance monetary policy

Bank of Japan’s (BOJ) Deputy Governor, Masayoshi Amamiya. (Bloomberg pic) TOKYO: Bank of Japan Deputy Governor Masayoshi Amamiya said on Saturday it was doubtful whether central banks could enhance the effectiveness of their monetary policies by issuing digital currencies. Some academics have said central banks could overcome the “zero lower bound” – a situation in […]

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Indonesia to renegotiate fighter jet deal with South Korea to ease FX burden

Indonesia to renegotiate fighter jet deal with South Korea to ease FX burden

Indonesian President Joko Widodo. (AFP pic) JAKARTA: Indonesia is seeking “lighter” financial terms in a renegotiated project with South Korea to jointly develop a mid-level fighter jet, in a move aimed at supporting the rupiah by reducing use of the country’s foreign exchange reserves, a senior official said. The Indonesian government has rolled out a […]

October 20, 2018 | By | Reply More
Daimler’s CEO stumbles on his victory lap

Daimler’s CEO stumbles on his victory lap

Dieter Zetsche. (Bloomber pic) BERLIN: Daimler AG Chief Executive Officer Dieter Zetsche has spent the last few years breathing new life into the maker of Mercedes Benz cars, reclaiming the luxury-leader position from BMW AG with fresh designs and a slew of new models. The turnaround made Zetsche a celebrity in German business circles, winning him […]

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UBS warns staff over China travel after banker held in Beijing

UBS warns staff over China travel after banker held in Beijing

The Swiss bank is the largest wealth manager operating in Asia, with US$383 billion assets under management. (AFP pic) HONG KONG: Swiss bank UBS Group AG. has asked its China wealth management staff to reconsider their travel plans to the country after authorities there asked one of its bankers to delay her departure from Beijing […]

October 20, 2018 | By | Reply More