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LAST_UPDATEFri, 20 Jul 2018 10pm

Tesla Says No Need For Capital Raise As Model 3 Output Rises

Tesla Inc quashed any speculation it might need to raise more capital this year on Tuesday, driving the company’s battered shares higher as it announced it built 2,020 of its cheaper Model 3 sedans in the last seven days of March.

Read more: Tesla Says No Need For Capital Raise As Model 3 Output Rises

Silicon Valley, Wall Street Taking Notes On Spotify Debut

NEW YORK - Spotify Technology SA’s (SPOT.N) unusual route to becoming a public company is a test case for other multibillion-dollar tech companies that are looking to sell their shares but are not in need of cash.

Read more: Silicon Valley, Wall Street Taking Notes On Spotify Debut

18 More Laws To Be Amended Before Malaysia Can Ratify To TPP 11

KUALA LUMPUR: Members of Parliament in Malaysia need to amend 18 more laws before the country can ratify to the Trans-Pacific Partnership (TPP) 11.

Read more: 18 More Laws To Be Amended Before Malaysia Can Ratify To TPP 11

CIMB Group Launched Bancassurance Partnership With Japan's Sompo

CIMB Group chief executive officer (CEO) Tengku Datuk Seri Zafrul Aziz (third from left) and Sompo Holdings (Asia) president and managing director Yuji Kawauchi (fourth from left) at the launching ceremony in Kuala Lumpur on Tuesday. (NSTP pic by OWEE AH CHUN)

KUALA LUMPUR: CIMB Group Holdings Bhd (CIMB Group) expects a healthy contribution to its insurance business on the back of the partnership with Japan-based Sompo Holdings (Asia) Pte Ltd.

Read more: CIMB Group Launched Bancassurance Partnership With Japan's Sompo

Petronas' Unit Delivers First LNG To Japan’s Hokuriku Electric

Hokuriku Electric Power Company Shiga Nuclear Power Plant.

KUALA LUMPUR -- Petroliam Nasional Bhd’s (Petronas) unit, Malaysia LNG Sdn Bhd (MLNG), delivered its first liquefied natural gas (LNG) to Japan’s Hokuriku Electric Power Company (Hokuriku Electric) on March 17.

Read more: Petronas' Unit Delivers First LNG To Japan’s Hokuriku Electric

Malaysia Autoshow 2018 Eyes Over RM250 Mln In Sales

KUALA LUMPUR -- The Malaysia Autoshow 2018 aims to garner over RM250 million in sales and potential sales, said Malaysia Automotive Institute (MAI) Chief Executive Officer, Datuk Madani Sahari.

Read more: Malaysia Autoshow 2018 Eyes Over RM250 Mln In Sales

TNB Completes Debt Refinancing For UK Subsidiary

KUALA LUMPUR – Tenaga Nasional Bhd’s wholly-owned subsidiary, Tenaga Wind Ventures UK Ltd, recently entered into a GBP120 million (GBP1=RM5.43) financing facility with German-based Bayerische Landesbank (BayernLB) in London, United Kingdom (UK).

Read more: TNB Completes Debt Refinancing For UK Subsidiary

French SNCF Rail Strike To Defy Macron Labour Reforms

A major strike by workers at the French state railway SNCF - including train drivers - is expected to paralyse rail travel across France.

Read more: French SNCF Rail Strike To Defy Macron Labour Reforms

Tesla Rebuked By Death Crash Investigators

Electric car-maker Tesla has been admonished by the US watchdog investigating a recent fatal crash involving one of its cars.

Read more: Tesla Rebuked By Death Crash Investigators

Bursa Malaysia Announced CIS Regulatory Framework Enhancements

KUALA LUMPUR: Bursa Malaysia Securities Bhd today announced enhancements to the regulatory framework for listed collective investment scheme (CIS) and business trust under the Main Market Listing Requirements (Main LR).

Read more: Bursa Malaysia Announced CIS Regulatory Framework Enhancements