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1-10 results from 1000 for query «markets»

January 19, 2018 9:23 AM Noor Bank, UB QFPay team up on mobile wallet acceptance in UAE

KUALA LUMPUR: Dubai's Noor Bank has announced its collaboration with UB QFPay to bring a new and innovative mobile payment solution to the United Arab Emirates (UAE). The solution, the first of its kind in the region, will enable tourists, as well as foreign visitors to make payments at retail outlets in the UAE using multiple international mobile wallets 3

January 19, 2018 1:59 AM Bursa rebounds to open higher

KUALA LUMPUR, Jan 19 — Bursa Malaysia rebounded from yesterday's losses to open slightly higher today on renewed buying interest in selected heavyweights, amid a mixed start on regional markets, dealers said. At 9.10am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) stood at 1,824.10, up 2.50 points, from yesterday's close of 1,821.60.It opened 1.79 points 4

January 18, 2018 5:16 AM Gov losing RM8b in tax revenue from illicit trade

KUALA LUMPUR: The Institute for Democracy and Economic Affairs (IDEAS) has estimated that government is losing some RM8 billion in tax revenue annually due to illicit trade. Last year, the illicit tobacco market alone is believed to have contributed about RM4.4 billion in tax revenue losses. Apart from the tobacco industry, these losses also come from the black 4

January 16, 2018 8:02 AM Broker pleads not guilty to RM350k securities fraud

KUALA LUMPUR: A security officer pleaded not guilty to two charges of being involved in securities fraud involving a total of RM350,000 at the Sessions Court here today. Ismail Basir, 67, who was arrested by the Securities Commission (SC), claimed trial for both the charges before Judge Azman Ahmad. He was accused of being directly in connection with the purchase 5

January 16, 2018 7:29 AM KL shares remain in the red at mid-afternoon

KUALA LUMPUR, Jan 16 — Shares prices Bursa Malaysia remained in the red as at mid-afternoon today due to continued profit taking in selected technology and consumer counters, amid mixed sentiment on regional markets, dealers said. At 3pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) stood at 1,822.07, down 3.84 points, from yesterday's close of 1,825.91, while 8

January 13, 2018 10:30 AM Crowds jostle for Hong Kong flats, no end in sight to housing boom

Buyers and property agents line up for developer Sun Hung Kai's property sales in Hong Kong January 13, 2018. — Reuters picHONG KONG, Jan 13 — Hong Kong’s red-hot property market kicked off 2018 with hundreds queuing to buy flats in the first major property launch of the year today, backing expectations strong demand will further lift record prices by 5 to 20 per cent over the year. The Asian 10

January 10, 2018 12:13 AM Road to bitcoin ETF paved with red tape

Bitcoin’s 1,500 per cent surge last year has stoked investor demand for any product with exposure to the red-hot asset. - File picNEW YORK, Jan 10 — The going is getting tough for US companies hoping to win the race to bring a bitcoin exchange-traded fund to market. Bitcoin’s 1,500 per cent surge last year has stoked investor demand for any product with exposure 11

January 9, 2018 5:37 AM AirAsia, Uber team up for seamless travel experience

The two companies will help passengers get home or to work, or to the airport and back in 52 cities in 16 markets across Asia Pacific and the United States. — Reuters picKUALA LUMPUR, Jan 9 — AirAsia is partnering with Uber to provide a seamless, affordable and convenient door-to-door experience for its travellers. Guests can plan their entire trip from home to their 11

January 4, 2018 3:43 AM CIMB: Malaysia’s economy to grow further, driven by strong fundamentals

CIMB Group CEO Tengku Datuk Sri Zafrul Aziz speaks during CIMB’s 10th Annual Malaysia Corporate Day in Kuala Lumpur January 4, 2018. — Picture by Yusof Mat IsaKUALA LUMPUR, Jan 4 ― Malaysia’s economy is expected to grow further this year driven by strong economic fundamentals, said CIMB Group Holdings Bhd Group Chief Executive, Tengku Datuk Seri Zafrul 11

January 4, 2018 3:08 AM CIMB expects jumbo IPOs to raise RM10b in first half of 2018

KUALA LUMPUR: Large initial public offerings (IPO) are expected to raise over RM10 billion in the first half of this year, said CIMB Investment Bank Bhd managing director and head of ECM and Syndicate Asia, Derek Lim. Lim said the hives of activity for IPOs in 2018 are in the infrastructure, consumer and financial services sectors. “ACE Market, small 5