Sun12172017

LAST_UPDATEMon, 18 Dec 2017 8am

Second Bitcoin Futures Debut Could Lure Volume To Wild Market

Pic: ReutersNEW YORK: Bitcoin investors expect futures volumes to perk up when CME Group Inc, the world’s largest derivatives exchange operator, launches its own contract to wager on the cryptocurrency on Sunday.

Read more: Second Bitcoin Futures Debut Could Lure Volume To Wild Market

U.S. Justice Department, AT&T Settlement Talks Failed: Court Filing

Pic: Reuters

WASHINGTON: The U.S. Department of Justice and AT&T Inc (T.N) have held unsuccessful settlement talks over the wireless and pay-TV company’s bid to buy movie and TV show maker Time Warner Inc (TWX.N), the two sides said in a court filing on Friday.

Read more: U.S. Justice Department, AT&T Settlement Talks Failed: Court Filing

Hunt For Asia's Next Big Currency Trade Lands On Ringgit, Yuan

SINGAPORE: Malaysia’s ringgit and China’s yuan are emerging as Asia’s most-promising currencies for fund managers as they look for the best place to put their money in the new year.

Read more: Hunt For Asia's Next Big Currency Trade Lands On Ringgit, Yuan

Ringgit To Trade Between 4.06-4.10 Against US Dollar Next Week

KUALA LUMPUR -- The ringgit is likely to remain muted against the US dollar next week, as the foreign exchange market is expected to be subdued as it entered the holiday season.

Read more: Ringgit To Trade Between 4.06-4.10 Against US Dollar Next Week

Ecoworld Pre-Tax Profit Surges To RM282.61 Mln

KUALA LUMPUR -- Eco World Development Group Bhd's pre-tax profit for financial year ended Oct 31, 2017 surged to RM282.61 million from RM193.18 million in 2016.

Read more: Ecoworld Pre-Tax Profit Surges To RM282.61 Mln

Malaysia's Industrial Production To Grow 5.4 Pct In 2017 - Moody's Analytics

Pic: ReutersKUALA LUMPUR: Malaysia’s industrial production is on track to grow an impressive 5.4 per cent in 2017 following the 4.2 per cent gain in 2016, supported by the sustained upswing in the global technology cycle, said Moody’s Analytics Economist, Katrina Ell.

Read more: Malaysia's Industrial Production To Grow 5.4 Pct In 2017 - Moody's Analytics

Indonesia's Go-Jek Acquires Three Companies To Boost Payment Services

Pic: ReutersJAKARTA: Indonesia’s Go-Jek has acquired three financial technology businesses, as it expands from ride-hailing and other mobile on-demand offerings into payments and other services.

Read more: Indonesia's Go-Jek Acquires Three Companies To Boost Payment Services

U.S. Panel Urges Regulators To Monitor Financial Innovation Risks

Pic: ReutersWASHINGTON: A U.S. regulatory panel on Thursday called for watchdogs to closely monitor risks created by financial innovation, warning that “fintech” and virtual currencies such as bitcoin threaten to disrupt the traditional financial services industry.

Read more: U.S. Panel Urges Regulators To Monitor Financial Innovation Risks

Moves In South Korea To Make Cryptocurrency Trading More Transparent

Pic: ReutersSEOUL: A South Korean blockchain association announced on Friday measures to boost transparency in trading of cryptocurrencies, agreed by 14 exchanges in the country including the world’s busiest virtual currency exchange, Bitthumb.

Read more: Moves In South Korea To Make Cryptocurrency Trading More Transparent

Family-Friendly Disney To Bring Edgier Fox Fare To Streaming Video

Pic: ReutersLOS ANGELES: Walt Disney Co is poised to add foul-mouthed superhero Deadpool and gory TV series “American Horror Story” to its portfolio, a novel move for the king of family-friendly entertainment into the adult-oriented programming consumers are devouring on streaming video.

Read more: Family-Friendly Disney To Bring Edgier Fox Fare To Streaming Video