CIMB Bank announces the resignation of its chief executive officer
KUALA LUMPUR: CIMB Bank today announced the resignation of its Chief Executive Officer, Dato’ Sulaiman Mohd Tahir, effective 22 November…
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Fed’s tightening cycle scenario involves risky bet
WASHINGTON: Federal Reserve officials planning to lift interest rates as soon as September have been encouraged by solid US jobs…
Important for ringgit to regain course and re-converge
KUCHING: It is important for the ringgit to regain its course and re-converge as failing which may unfavourably alter the…
McDonald’s grilled over labour, tax practices at Brazil hearing
BRASILIA: McDonald’s Corp, the world’s biggest fast-food chain, was accused of mistreating its employees and dodging taxes during a Senate…
Asean SMEs urged to venture into online trading
KUALA LUMPUR: Asean small and medium enterprises (SMEs) have been urged to venture into e-commerce or online trading to extend…
1MDB confident of signing deal for power asset by Q4
KUALA LUMPUR: 1Malaysia Development Bhd (1MDB) is confident that a definitive agreement will be signed with the chosen party interested…
Ringgit unchanged versus dollar as players remain on the sidelines
KUALA LUMPUR: The ringgit opened unchanged against the US dollar, in early trading, this morning, as investors and traders stayed…
Malaysia will not peg ringgit, impose capital controls — PM
PUTRAJAYA: The government will not impose capital controls or implement a peg for the ringgit to the greenback, said Prime…