Wed08242016

LAST_UPDATETue, 23 Aug 2016 11pm

Malaysia To Fully Implement Pin And Pay System By Next July 1

Pic: howtogeek.comMIRI: The signature verification card payment transaction for cardholders will be gradually abolished to make way for the implementation of the pin and pay system on July 1, 2017.

Read more: Malaysia To Fully Implement Pin And Pay System By Next July 1

China's Richest Man Set To Seal Two Billion-Dollar U.S. Film Deals

Pic: ReutersBEIJING: Real estate and entertainment conglomerate Dalian Wanda Group Co expects to seal two billion-dollar film-related deals in the United States this year, chairman Wang Jianlin said on Tuesday, as China's richest man steps up his push into Hollywood.

Read more: China's Richest Man Set To Seal Two Billion-Dollar U.S. Film Deals

Iraq Asks Foreign Oil Companies To Increase Crude Production, Exports

Pic: ReutersIraqi Oil Minister Jabar Ali al-Luaibi on Tuesday asked foreign oil companies to increase oil and natural gas production and exports in order to maximise the OPEC nation's revenue, ministry spokesman Asim Jihad told Reuters.

Read more: Iraq Asks Foreign Oil Companies To Increase Crude Production, Exports

BOJ May Apply 'Fintech' To Its Operations In Future: Kuroda

Pic: ReutersBank of Japan Governor Haruhiko Kuroda said the central bank may apply financial technology, or "fintech," to its operations in the future given its growing influence on global payments, settlements and financial services.

Read more: BOJ May Apply 'Fintech' To Its Operations In Future: Kuroda

Asean-EU FTA Talks Not Affected By Brexit, Says Mustapa

FilePic: Sinar HarianKUALA LUMPUR: The Asean-European Union (EU) free-trade agreement (FTA) negotiations will not be affected by Brexit, International Trade and Industry Minister Datuk Seri Mustapa Mohamed said.

Read more: Asean-EU FTA Talks Not Affected By Brexit, Says Mustapa

Asia Stocks Edge Up Amid Fed Lull, Oil Slips

Asia shares inched up on Tuesday while oil fell for a second session as investors awaited clues on whether the Federal Reserve will raise U.S. interest rates this year.

Read more: Asia Stocks Edge Up Amid Fed Lull, Oil Slips

Petronas Quarterly Profits Continue To Show Effects Of Oil Price Squeeze, Focus On Reducing Cost

PETRONAS Petrol Station -- ReutersState-owned oil firm Petroliam Nasional Bhd (Petronas) announced on Monday lower quarterly profits despite recording a 14 per cent increase in its Earnings Before Interest, Tax, Depreciation and Amortisation (EBIDTDA), standing at RM17.7 billion in the first quarter of 2016 (March 31, 2016).

Read more: Petronas Quarterly Profits Continue To Show Effects Of Oil Price Squeeze, Focus On Reducing Cost

Nikkei Slumps, Takes Cue From Stronger Yen And Weaker Oil

Pic: Reuters

Japan's Nikkei share average slipped on Tuesday, pressured by a stronger yen and slumping oil prices, though trading was thin as investors awaited a Federal Reserve gathering later this week in Jackson Hole, Wyoming.

Read more: Nikkei Slumps, Takes Cue From Stronger Yen And Weaker Oil

Pfizer Boosts Cancer Drug Roster With $14 Billion Medivation Deal

The Pfizer logo is seen at their world headquarters in Manhattan, New York, U.SPfizer Inc, beating out numerous other bidders, said it agreed to buy US cancer drug company Medivation Inc for $14 billion in cash, adding its blockbuster prostate cancer drug Xtandi to the company's growing oncology roster.

Read more: Pfizer Boosts Cancer Drug Roster With $14 Billion Medivation Deal

GM Asks Judge To Throw Out Ignition Switch Case Over 'Fabricated' Key

The GM logo is seen in Warren, Michigan NEW YORK: General Motors Co on Monday asked a Texas judge to throw out a lawsuit over a fatal 2011 crash blamed on a faulty ignition switch, accusing plaintiffs and their lawyers of fabricating evidence about the vehicle’s key during the ongoing trial.

Read more: GM Asks Judge To Throw Out Ignition Switch Case Over 'Fabricated' Key