Thu04272017

LAST_UPDATEThu, 27 Apr 2017 9am

PayAllZ Conclude Move Towards Fintech With M3 Tech Collaboration

Steve Tan, Executive Director of NetX Holdings Berhad PayAllZ Sdn Bhd (PayAllZ) announced yesterday it has finalised its technology partnership agreement with M3 Technologies (Asia) Bhd’s unit M3 Online Sdn Bhd (M3O), concluding its move towards fintech, after their recent announcement of the agreement with mobile virtual network operator, XOX.

Read more: PayAllZ Conclude Move Towards Fintech With M3 Tech Collaboration

Teraju Aims To Double Average Income Of Bumiputras

Bumiputera Agenda Steering Unit (Teraju) CEO Datuk Husni SallehPETALING JAYA: The Bumiputera Economic Transformation Roadmap 2.0 (BETR2.0), which runs over the next five to six years, aims to more than double the average income of bumiputras to RM5,000 a month from RM2,213 in 2016.

Read more: Teraju Aims To Double Average Income Of Bumiputras

Cambridge Summer School Programme To Address Main Disruptors In Banking World

Pic: BernamaKUALA LUMPUR: The Asian Banking School's (ABS) flagship Cambridge Summer School Programme was officially launched here yesterday by Bank Negara Malaysia Governor Datuk Muhammad Ibrahim.

Read more: Cambridge Summer School Programme To Address Main Disruptors In Banking World

Oil Prices Claw Back Ground After Sharp Drop, Buoyed By US Crude Stock Dip

 Crude oil storage tanks are seen from above at the Cushing oil hub, in Cushing, Oklahoma, March 24, 2016. REUTERS/Nick

SINGAPORE: Oil prices regained some ground on Thursday after steep losses the previous day, with a slight drop in U.S. crude inventories stoking hopes that a push to rein in global oversupply could be gathering at least some momentum.

Read more: Oil Prices Claw Back Ground After Sharp Drop, Buoyed By US Crude Stock Dip

Dollar Edges Away From Recent Lows With French Vote In Focus

Pic Reuters

The dollar caught its breath in Asian trading on Thursday, holding above lows hit earlier this week as investors anxiously awaited this weekend's first round of presidential voting in France.

Read more: Dollar Edges Away From Recent Lows With French Vote In Focus

Feds Knew Of 700 Wells Fargo Whistleblower Cases In 2010

Carrie Tolstedt

America's chief federal banking regulator admits it failed to act on numerous "red flags" at Wells Fargo that could have stopped the fake account scandal years earlier.

Read more: Feds Knew Of 700 Wells Fargo Whistleblower Cases In 2010

IMF Chief Says All Members Believe In Free, Fair Trade

Pic: ReutersWASHINGTON: International Monetary Fund Managing Director Christine Lagarde said on Wednesday that the 70-year-old multilateral institution will keep evolving to meet the needs of its 189 members, but added that none are opposed to free and fair trade.

Read more: IMF Chief Says All Members Believe In Free, Fair Trade

U.S. Soda Sales Drops For 12th Straight Year: Trade Publication

Sales of soda drinks decreased about 1.2 percent in the United States in 2016, falling for the 12th year in a row, a report by trade publication Beverage Digest showed, as demand was hit by consumer choosing healthier options and a slew of sugar taxes aimed at stemming obesity and diabetes.

Read more: U.S. Soda Sales Drops For 12th Straight Year: Trade Publication

Japan Exports Rise In March, Trade Friction Fears Cloud Outlook

Pic: Reuters

TOKYO: Japan's exports rose in March at the fastest pace in more than two years as increased shipments of car parts and steel signaled that expanding overseas demand could help boost the country's notoriously slow economic growth.

Read more: Japan Exports Rise In March, Trade Friction Fears Cloud Outlook

Primark Owner ABF Has 'Dedicated Team' Looking At Consequences Of Brexit

Primark owner Associated British Foods says it has had a dedicated team working for months on Brexit as it announced a sales increase despite tough conditions.

Read more: Primark Owner ABF Has 'Dedicated Team' Looking At Consequences Of Brexit