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Synthomer to invest RM35mil in R&D near Pasir Gudang

SYNTHOMER plans to invest about RM35mil to set up a new research and development (R&D) centre near its Pasir Gudang facility, Johor, as part of its ongoing expansion plan in Malaysia.

Johor plant: Synthomer’s nitrile latex facility in Pasir Gudang.

Treasury Pulse

THE US dollar weakened by 0.62% to close at 93.912, its seven-week low following the improvement in risk appetite in the global markets while Dow Jones and S&P500 closed 2.3% to 26,657 and 1.5% to 2,931.

HKEX said to be eyeing tech assets in new strategy

THE owner of Hong Kong’s stock exchange, after years of pinning its growth plans to the city’s tighter integration with China, is changing tack and eyeing technology acquisitions, people with knowledge of the matter said.

Asia's emergency cash buffer remains intact if needed

HONG KONG: Asia’s economies can handle rising interest rates and a limited U.S.-China trade war, according to simulations run by researchers with Asia’s $240 billion collective liquidity buffer, set up in the aftermath of the region’s financial crisis two decades ago.