Mon06182018

LAST_UPDATEMon, 18 Jun 2018 5pm

Japan's ‘Pre-Loved Store Opens News Branch In Malaysia

KUALA LUMPUR -- BOK Marketing Sdn Bhd (BOK), branch company of Japan’s BOOKOFF Corporation Ltd will open its third pre-loved store ‘Jalan Jalan Japan’ (JJJ) on June 2, 2018 at Center Point in Seremban, Negeri Sembilan, Malaysia.

Read more: Japan's ‘Pre-Loved Store Opens News Branch In Malaysia

Xerox Aborts $6.1bn Sale To Japan's Fujifilm

Technology firm Xerox has ended its controversial sale to Japan's Fujifilm after reaching a deal with activist investors Carl Icahn and Darwin Deason.

Read more: Xerox Aborts $6.1bn Sale To Japan's Fujifilm

Malaysia Markets Volatile After Opening For The First Time Since Election

Malaysian stocks FBMKLCI, +0.21% turned positive after opening nearly 3% lower as markets opened for the first time since the stunning election victory for Mahathir Mohamad’s opposition coalition last week.

Read more: Malaysia Markets Volatile After Opening For The First Time Since Election

In Concession, Trump Will Help China's ZTE 'Get Back Into Business'

WASHINGTON - U.S. President Donald Trump pledged on Sunday to help ZTE Corp “get back into business, fast” after a U.S. ban crippled the Chinese technology company, offering a job-saving concession to Beijing ahead of high-stakes trade talks this week.

Read more: In Concession, Trump Will Help China's ZTE 'Get Back Into Business'

High Debt Burden A Challenge For New Government - Moodys

KUALA LUMPUR: The new Pakatan Harapan (PH) government has inherited a strong economy, with growth averaging 5.5 per cent over the past eight years, but the country’s high debt burden remains a key credit challenge, said Moody’s Investors Service.

Read more: High Debt Burden A Challenge For New Government - Moodys

Ringgit Opens Easier Against US Dollar

KUALA LUMPUR: The ringgit opened easier against the US dollar and other major currencies.

Read more: Ringgit Opens Easier Against US Dollar

Bursa Malaysia Opens Sharply Lower On Knee-Jerk Reaction

KUALA LUMPUR: Bursa Malaysia opened sharply lower today on knee-jerk reaction following a surprise win by Pakatan Harapan (PH) in the 14th General Election (GE14).

Read more: Bursa Malaysia Opens Sharply Lower On Knee-Jerk Reaction

Malaysia's Markets Show No Post-Election Panic

Malaysia’s markets showed few signs of investor panic as trading reopened after Tun Dr Mahathir Mohamad swept to power in a surprise election outcome.

Read more: Malaysia's Markets Show No Post-Election Panic

HSBC Says Performs First Trade Finance Transaction Using Blockchain

Pic: Reuters

HONG KONG - HSBC Holdings Plc (HSBA.L) said on Monday it had performed the world’s first trade finance transaction using blockchain technology, a major step in boosting efficiency and reducing errors in the multi-trillion-dollar funding of international trade.

Read more: HSBC Says Performs First Trade Finance Transaction Using Blockchain

Oil Cautious On Rise In U.S. Drilling, Iran Sanctions Opposition

SINGAPORE: Oil prices edged lower on Monday as a relentless rise in U.S. drilling activity points to increased output, while resistance emerged in Europe and Asia to U.S. sanctions against major crude exporter Iran.

Read more: Oil Cautious On Rise In U.S. Drilling, Iran Sanctions Opposition