Short position

KUALA LUMPUR, 13 Julai -- Bank Negara Malaysia mengumumkan mengurangkan kos pinjaman hari ini, dengan kadar faedah penanda aras utama atau Kadar Dasar Semalaman diturunkan daripada 3.25 peratus kepada 3.0 peratus.--fotoBERNAMA (2016) HAK CIPTA TERPELIHARA

Betting on a big name

OVER the week, smallish firm XOX Bhd said it was proposing to issue 250 million new ordinary shares of 10 sen per subscription share to Macquarie Bank Ltd, as part of a fund-raising exercise to boost expansion of its Voopee mobile application.