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Mastercard stops sneaky subscriptions

Mastercard is introducing new rules which stops companies from automatically signing up customers to paid subscriptions at the end of free trial periods.


Genting, PChem power KLCI to higher close

KUALA LUMPUR: Foreign fund buying of Genting Bhd, Petronas Chemicals and Hartalega helped power the FBM KLCI to a higher close on Thursday, outperforming the other key Asian markets.


Bank Indonesia vows to remain vigilant as it leaves rate on hold

JAKARTA: Indonesia’s central bank left its benchmark interest rate unchanged for a second month, while keeping the door open for more policy action if needed.


MUFG picks Maybank's Chia to head Asean unit

HONG KONG: MUFG Bank has hired Chia Chin Lan from Maybank to head up its financial institutions group in Asean.


State education dept food contracts: MACC detains 26th suspect

KOTA KINABALU: The Malaysian Anti-Corruption Commission (MACC) has detained another suspect in Sandakan in the investigation into suspicious food supply contracts worth nearly RM20mil with the state education department.


Affin Hwang Investment eyes RM50m securities lending for 2019

KUALA LUMPUR: Affin Hwang Investment Bank Bhd is eyeing to achieve RM50 million in securities lending book size this year following the official launch of the Retail Securities Borrowing and Lending (Retail SBL) programme.


Govt to prioritise completing report to turnaround Felda

KUALA LUMPUR: The Ministry of Economic Affairs (MEA) has outlined several priorities for 2019 and it includes completion of the White Paper on the Federal Land Development Authority's (Felda) turnaround plan.


Celebrity's 'Chefs for Feds' kitchen feeds unpaid U.S. government workers

WASHINGTON (Reuters) - Maurice Wilson joined dozens of fellow federal workers in Washington on Wednesday at the opening of celebrity chef Jose Andres' emergency kitchen, grateful for a free lunch of egg sandwiches, quinoa bowls and tomato soup as the partial government shutdown dragged on.


Quick take: Berjaya Land's RM1.64b Okinawa resort

KUALA LUMPUR: In November 2016, tycoon Tan Sri Vincent Tan announced Berjaya Land Bhd's plan to build a Four Seasons resort on the 100-acre site in Okinawa.


Israeli TV: U.S. sees Palestinian state on most of West Bank, some of East Jerusalem

JERUSALEM (Reuters) - Israeli television said on Wednesday that U.S. President Donald Trump's Middle East peace plan would propose a Palestinian state on as much as 90 percent of the occupied West Bank, with a capital in East Jerusalem - but not including its holy sites.