Scandals cost JPMorgan US$1 bln in fines
NEW YORK: It’s US$1 billion in payouts that JPMorgan Chase & Co most likely wants to forget. In agreements with…
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France calls for EU to regulate Web giants to counter dominance
PARIS: France is pushing for the European Union to regulate global internet companies like Google Inc, Amazon.com Inc and Facebook…
India’s new central bank chief orders surprise rate hike
MUMBAI: India’s new central bank governor marked his first policy meeting yesterday with a bold decision to hike interest rates,…
Kingfisher default said to raise airline costs — corporate India
NEW DELHI: Payment defaults by grounded Indian carrier Kingfisher Airlines Ltd (Kingfisher) are prompting aircraft lessors to demand a premium…
Malaysia will not impose capital controls, says Najib
KUALA LUMPUR: Malaysia will not impose capital controls for now but use other existing financial instruments to correct any economic…
Winner of Apprentice Asia to wow Sarawak accountants, business leaders in October
KUCHING: Guest speaker Jonathan Allen Yabut, winner of the first ever The Apprentice Asia competition, will be addressing accountants and…
Westports aims for RM8.53 billion from listing in October
KUCHING: Westports Holdings Bhd (Westports) yesterday launched its prospectus pursuant to the initial public offering (IPO) of 813.19 million ordinary…
Ambank allocates RM600 million to reposition brand
KUALA LUMPUR: AmBank Group will spend about RM600 million to reposition its brand including rebranding its branches and services. The…