Sat10012016

LAST_UPDATEFri, 30 Sep 2016 11pm

Japan's Mitsubishi Motors To Resume Sales After Latest Cheating Scandal

Pic: Reuters

Japanese automaker Mitsubishi Motors Corp (7211.T) will resume domestic sales of eight vehicle models on Oct. 1, the company said on Friday, after correcting overstated mileage readings in its second cheating scandal this year.

Read more: Japan's Mitsubishi Motors To Resume Sales After Latest Cheating Scandal

YTL Acquires Three New Luxury Properties In The UK

Pic: NST

KUALA LUMPUR: YTL Hotels is expanding its luxury portfolio with the recent acquisition of three properties in Edinburgh, Berkshire and London, strengthening the company’s presence within the United Kingdom.

Read more: YTL Acquires Three New Luxury Properties In The UK

Minimum EPF Savings For 55-Year-Old Set To RM228k

Pic: NST

KUALA LUMPUR: The Employees Provident Fund (EPF) has announced that the quantum for the basic savings will be revised from RM196,800 to RM228,000 effective Jan 1, 2017.

Read more: Minimum EPF Savings For 55-Year-Old Set To RM228k

No Interruptions To Trading Despite Bomb Threat - Bursa Malaysia

Pic: Astro Awani

KUALA LUMPUR: Trading at Bursa Malaysia went on as usual despite the bomb threat, said Bursa Malaysia Bhd.

Read more: No Interruptions To Trading Despite Bomb Threat - Bursa Malaysia

Pay 2015 GST Arrears By Oct 31 To Avoid Fine: Customs

Pic: The Sun Daily

PUTRAJAYA: Those who are registered for the Goods and Services Tax (GST) but have not paid their 2015 tax arrears have until Oct 31 this year to settle them to avoid a fine of up to RM20,000.

Read more: Pay 2015 GST Arrears By Oct 31 To Avoid Fine: Customs

Deutsche Bank Chief Cryan Tries To Reassure On Bank's Strength

Pic: BBC

The chief executive of troubled Deutsche Bank has emailed the 100,000 staff to reassure them that the German giant's finances are strong.

Read more: Deutsche Bank Chief Cryan Tries To Reassure On Bank's Strength

Global Stocks Lower On Renewed Worries About Banking Sector

FILE - In this Monday, Sept. 26, 2016, file photo, trader James Dresch, center, works on the floor of the New York Stock Exchange. Energy stocks led most markets higher on Thursday, Sept. 29, after OPEC nations reached a preliminary deal to cut oil production for the first time in eight years. (AP Photo/Richard Drew, File)SEOUL, South Korea: Global stock markets were sharply lower Friday as investor sentiment was dented by renewed worries about the financial health of Deutsche Bank following reports that some hedge funds were moving their businesses out of Germany's biggest bank.

Read more: Global Stocks Lower On Renewed Worries About Banking Sector

Oil Prices Fall As Investors Cash In On OPEC Deal Rally

Oil prices fell on Friday as investors cashed in on a 6-percent rise in just one day after OPEC members agreed to reduce output for the first time in eight years to stifle a two-year price slide.

Read more: Oil Prices Fall As Investors Cash In On OPEC Deal Rally

Celcom Offers iPhone 7 And iPhone 7 Plus Starting Oct 14

Pic: ReutersKUALA LUMPUR: Celcom Axiata Bhd will offer the best and most advanced iPhone ever, namely iPhone 7 and iPhone 7 Plus, in Malaysia starting Oct 14, 2016.

Read more: Celcom Offers iPhone 7 And iPhone 7 Plus Starting Oct 14

Matrade Hopes Opec Oil Cut Pact Gives Reasonable Return To O&G Industry

KUALA LUMPUR: The Organisation of the Petroleum Exporting Countries' (OPEC) decision to cut oil output would help reduce the surplus in the oil and gas (O&G) market and give reasonable return to the O&G industry, says the Malaysia External Trade Development Corporation (Matrade).

Read more: Matrade Hopes Opec Oil Cut Pact Gives Reasonable Return To O&G Industry