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LAST_UPDATEMon, 23 Apr 2018 5pm

LATAM Cereals Output Up 20 Per Cent In 2017:FAO

SANTIAGO -- Latin America's cereals production grew 20 percent in 2017, compared with a year ago, the United Nations Food and Agriculture Organization (FAO) said on Monday.

Read more: LATAM Cereals Output Up 20 Per Cent In 2017:FAO

Samsung Biologics Wins Manufacturing Approval From Europe

SEOUL -- South Korean biopharmaceutical firm Samsung Biologics Co. said Wednesday it has won approval from European health authorities to manufacture drugs at its plant in Europe, Yonhap news agency reported.

Read more: Samsung Biologics Wins Manufacturing Approval From Europe

Dollar At One-Month High On Strong Price Data As Markets Await Fed

TOKYO: The dollar stood near a four-week high against a basket of currencies on Wednesday after strong U.S. wholesale price figures kept the Federal Reserve on track for a widely-expected rate rise this week and more in 2018.

Read more: Dollar At One-Month High On Strong Price Data As Markets Await Fed

Asian Shares Flat, Fed Hike Expectations Underpin Dollar

Pic: Reuters

TOKYO: Asian shares were treading water in early trade on Wednesday as crude oil futures steadied after a selloff, while a widely expected interest rate hike from the Federal Reserve underpinned the dollar.

Read more: Asian Shares Flat, Fed Hike Expectations Underpin Dollar

Bitcoin Hits Another Record High In March Towards $20,000

Pic: ReutersNEW YORK: Virtual currency bitcoin hit another all-time peak on Tuesday, two days after the launch of the first ever bitcoin futures on a U.S. exchange and ahead of the start of another futures contract next week, as investors grew optimistic that the $20,000-mark is within reach.

Read more: Bitcoin Hits Another Record High In March Towards $20,000

World Bank To Cease Financing Upstream Oil And Gas After 2019

Pic: Reuters

PARIS: The World Bank will no longer finance upstream oil and gas projects after 2019, apart from certain gas projects in the poorest countries in exceptional circumstances, it said on Tuesday, drawing praise from environmental groups.

Read more: World Bank To Cease Financing Upstream Oil And Gas After 2019

Singapore's Electric Car-Sharing Program Hits The Road

Pic: Reuters (A BlueSG electric car-sharing vehicle is parked at a charging station in a public housing estate in Singapore December 12, 2017.)

SINGAPORE - Singapore launched on Tuesday its first large-scale electric car-sharing program through which the land-scarce city-state hopes to provide commuters with more transport options and steer them away from the need to buy their own cars.

Read more: Singapore's Electric Car-Sharing Program Hits The Road

Pos Laju To Rake In RM700 Mln Revenue In 2017

KUALA LUMPUR -- Pos Malaysia Bhd expects its courier arm, Pos Laju to contribute a revenue of about RM700 million this year and sustain a growth of 20 to 21 per cent next year.

Read more: Pos Laju To Rake In RM700 Mln Revenue In 2017

UEM Sunrise Eyeing Project In Excess Of RM700 Mln In GDV

KUALA LUMPUR –  UEM Sunrise Bhd is eyeing a project in excess of RM700 million in initial estimated Gross Development Value (GDV) following its acquisition of a 7.78 hectare piece of land for RM109.50 million, in Taman Equine, Seri Kembangan, Selangor from Kemaris Residences Sdn Bhd.

Read more: UEM Sunrise Eyeing Project In Excess Of RM700 Mln In GDV

BNM Signs MoU With MRSA On Development Of Geospatial Analytics

KUALA LUMPUR: Bank Negara Malaysia (BNM) and the Malaysian Remote Sensing Agency (MRSA) have entered into a Memorandum of Understanding (MoU) to collaborate in the development of geospatial analytics.

Read more: BNM Signs MoU With MRSA On Development Of Geospatial Analytics