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Ringgit lower against US$

KUALA LUMPUR: The ringgit was lower against the US dollar early Thursday as the greenback advanced after the US Federal Reserve System (Fed) left its interest rate unchanged at its meeting on Wednesday. At 9am(0100gmt),...

BNM leads raid on illegal deposit-taking activities

KUALA LUMPUR: Authorities conducted a joint raid on MGSB Bhd for suspected illegal financial scheme activities under the Financial Services Act 2013 (FSA) and the Anti-Money Laundering, Anti-Terrorism Financing and Proce...

Blue chips eke small gains, oil stocks climb

KUALA LUMPUR: Blue chips edged slightly higher early Thursday while lower liners oil and gas stocks rose in active trade, underpinned by the strong crude oil prices. At 9.31am, the KLCI was up 1.08 points or 0.06% at 1,...

Hibiscus Petroleum shares continue to gain ground

KUALA LUMPUR: Shares of Hibiscus Petroleum Bhd continued to gain ground on Thursday after rising about 40% yesterday. The counter rose 6.15%, or four sen to 69 sen with in heavy trading with more than 169 million share...

Bank Negara says Bloomberg report unbalanced

KUALA LUMPUR: Bank Negara says the article published by Bloomberg, titled Malaysia Reserve Buffer Seen by Moody’s as Among Weakest in Asia on Sept 18 focuses only on a rigid interpretation of two economic indicators and ...

Bitcoin doesn’t look like it’s going away: 5 facts you need to know about cryptocurrency

Bitcoin doesn't look like it's going away. Here's why. RT LIVE http://rt.com/on-air Subscribe to RT! http://www.youtube.com/subscription_c... Like us on Facebook http://www.facebook.com/RTnews Follow us on Twitter http:/...

Uber under probe, reviews Asia operations

SAN FRANCISCO: Uber Technologies Inc, facing a federal probe into whether it broke laws against overseas bribery, has embarked on a review of its Asia operations and notified US officials about payments made by staff in ...

CIMB extends losses early Wednesday in active trade

KUALA LUMPUR: CIMB Group image: https://cdn.thestar.com.my/Themes/img/chart.png  Holdings Bhd’s share price fell to a low of RM6.22 early Wednesday – the lowest since July 17 this year on news Mitsubishi UFJ Financ...

BNM to issue rules on cryptocurrencies by year end

KUALA LUMPUR: Bank Negara Malaysia (BNM) will issue guidelines on cryptocurrencies by the end of the year. BNM Governor Tan Sri Muhammad Ibrahim said on Tuesday he was looking at this matter and the details as the new...

Israeli Company, Colu: App sidestepping the banks – BBC News

Israeli company Colu has launched a digital currency in Liverpool, which is only open to locally-owned and run businesses. Please subscribe HERE http://bit.ly/1rbfUog World In Pictures https://www.youtube.com/playlist?li...

Taxing the digital economy

KUALA LUMPUR: The Royal Malaysian Customs Department plans to amend the goods and services tax (GST) Act to enable the Government to collect taxes from foreign companies operating in Malaysia under the digital economy. ...

Tabung Haji disposes Yinson shares worth RM49mil

KUALA LUMPUR: Lembaga Tabung Haji (LTH) has ceased to be Yinson Holdings Bhd image: https://cdn.thestar.com.my/Themes/img/chart.png ’s substantial shareholder after it disposed of about a quarter of its shareholdin...

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