Wed10182017

LAST_UPDATEWed, 18 Oct 2017 3pm

Percentage Of Women On Bursa Malaysia's Top 100 Boards Rises To 19.1 Pct

KUALA LUMPUR -- The percentage of women on the boards of Bursa Malaysia's top 100 public listed companies has increased to 19.1 per cent, said the 30% Club Malaysia.

Read more: Percentage Of Women On Bursa Malaysia's Top 100 Boards Rises To 19.1 Pct

T-Mobile, Sprint Aim To Announce Merger Without Asset Divestitures

T-Mobile U.S. Inc (TMUS.O) and Sprint Corp (S.N) plan to announce a merger agreement without any immediate asset sales, as they seek to preserve as much of their spectrum holdings and cost synergies as they can before regulators ask for concessions, according to people familiar with the matter.

Read more: T-Mobile, Sprint Aim To Announce Merger Without Asset Divestitures

Affin Group To Focus More On Consumer Banking

KUALA LUMPUR: Affin Group will enlarge its focus in the consumer banking segment as it sees immense business opportunities there, despite it being a competitive environment.

Read more: Affin Group To Focus More On Consumer Banking

Kobe Steel Shares Hit Lowest In Nearly Five Years As Cheating Crisis Deepens

Pic: ReutersTOKYO: Shares of Kobe Steel Ltd slid more than 3 percent on Monday, hitting their lowest level in nearly 5 years, after the cheating crisis engulfing Japan’s third-biggest steelmaker deepened last week.

Read more: Kobe Steel Shares Hit Lowest In Nearly Five Years As Cheating Crisis Deepens

Oi's Largest Creditors Demand Meeting To Renegotiate Debt Plan

Pic: Reuters

SAO PAULO: A group of bondholders that are Oi SA’s (OIBR4.SA) largest creditors demanded on Sunday that the company’s top executives meet them as soon as possible to renegotiate a debt plan.

Read more: Oi's Largest Creditors Demand Meeting To Renegotiate Debt Plan

Tesla Fired Hundreds Of Employees In Past Week

Pic: Economic Times

Luxury electric vehicle maker Tesla Inc (TSLA.O) fired about 400 employees this week, including associates, team leaders and supervisors, a former employee told Reuters on Friday.

Read more: Tesla Fired Hundreds Of Employees In Past Week

Oil Prices Jump On Fear Of New U.S. Sanctions Against Iran

Pic: Reuters

SINGAPORE: Oil markets opened up strong into the new week, with Brent crude up by one percent as concerns over renewed U.S. sanctions against Iran drove prices up. A falling U.S. rig count also supported prices there.

Read more: Oil Prices Jump On Fear Of New U.S. Sanctions Against Iran

Oi's Largest Creditors Demand Meeting To Renegotiate Debt Pla

Pic: Reuters

SAO PAULO: A group of bondholders that are Oi SA’s (OIBR4.SA) largest creditors demanded on Sunday that the company’s top executives meet them as soon as possible to renegotiate a debt plan.

Read more: Oi's Largest Creditors Demand Meeting To Renegotiate Debt Pla

World Bank Sets Spring 2018 Target To Enhance Financial Capacity

Pic: Reuters

WASHINGTON: The World Bank Group is aiming to develop new measures to enhance its financial capacity and have its board decide on them at its next spring meetings in April 2018, a spokesman for the institution said on Saturday.

Read more: World Bank Sets Spring 2018 Target To Enhance Financial Capacity

Qualcomm Files Lawsuits In China To Ban iPhones

Pic: ReutersQualcomm Inc confirmed an earlier report that the chipmaker had filed lawsuits in China, seeking to halt the manufacture and sale of Apple Inc’s iPhones in the country.

Read more: Qualcomm Files Lawsuits In China To Ban iPhones