Protasco says to buy 51% in 'new energy business' co
KUALA LUMPUR (Oct 9): Protasco Bhd’s 100%-owned subsidiary Ikram Greentech Sdn Bhd will own a controlling 51% stake in a “new energy business” company under…
KUALA LUMPUR (Oct 9): Protasco Bhd’s 100%-owned subsidiary Ikram Greentech Sdn Bhd will own a controlling 51% stake in a “new energy business” company under…
KUALA LUMPUR (Oct 9): The Minority Shareholder Watchdog Group (MSWG) has slapped Lotte Chemical Titan Holding Bhd, the largest initial public offering (IPO) on Bursa Malaysia…
KUALA LUMPUR (Oct 9): LPI Capital Bhd recorded an 18.52% increase in its net profit for the third quarter ended Sept 30, 2017 (3QFY17) to…
KUALA LUMPUR (Oct 9): Mass Rapid Transit Corp Sdn Bhd (MRT Corp) is leveraging Microsoft’s and Bentley Systems Inc’s cloud-based common data environment to raise…
KUALA LUMPUR: Budding agropreneurs should also look overseas to expand their businesses using the latest technologies at their disposal, says Datuk Seri Ong Ka Chuan.
MOSCOW: A panel of OPEC and non-OPEC oil producers will meet in Vienna on Oct. 20 with all options on the table for what to do next with a global deal on cutting crude output, Russia’s RIA news agency quoted an OPEC source as saying on Sunday.
LONDON: HSBC wants to appoint company insider John Flint as its next chief executive and has approached regulators seeking their approval, Britain’s Sunday Times newspaper said.
LONDON: British Prime Minister Theresa May has signalled that she could sack Foreign Secretary Boris Johnson, a Sunday newspaper said, as she tries to reassert her authority after a series of political disasters.
September data was hedlined by a mixed employment report, with a loss of jobs in the establishment survey, but a huge gain in jobs, decline in the unemployment and underemployment rates, and a big increase in the employment to population ratio and labor force participation rates from the household survey.
This week, the only central bank to make a policy decision was the RBA, which maintained rates at 1.5%. In other news, the EU continues expanding at a solid pace, but the sentiment readings from the UK are weakening thanks to Brexit concerns. Japan continues to outperform. The […]
Recent hurricanes continue to impact data. Auto sales increased strongly, initial claims remain high and the employment report printed a hurricane caused contraction. It will take a few months for the impact to shake out. In other news, both ISM readings were strong and durable goods increased. Overall, the data continue to indicate the […]
Bullard is one of the Fed’s most original thinkers. He recently proposed a new interest rate regime that, instead of focusing on models, uses a very intuitive decision tree to determine if raising rates is appropriate. He gave a speech at the end of last week that asked three […]