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Conned over the phone

SYNDICATES who use the telephone to prey on people in Butterworth have continued to strike with ease. Two women are the latest to fall victims, losing around RM7,000 to callers who pretended to be Bank Negara officials.

Former sprinter Dr Jegathesan to be USM pro-chancellor

GEORGE TOWN: Olympic Council of Malaysia deputy president and Asia's fastest man in the 1960's, Tan Sri Dr M. Jegathesan, will be proclaimed pro-chancellor of Universiti Sains Malaysia (USM) at the university's 43rd convocation on Saturday.

Bank Negara sets new rules for credit cards

KUALA LUMPUR: The minimum annual income requirement for credit card eligibility has been raised to RM24,000 from RM18,000, effective immediately, in in a move to keep household debt at manageable levels, Bank Negara announced Friday.

Businessman blacklisted for not settling RM7

BUSINESSMAN K. Surendran wants Bank Negara to take action against a bank for blacklisting him for falling to settle RM7, reported i>Makkal Osai/i>.

Easing of foreign equity cap lauded

PETALING JAYA: Relaxing foreign shareholding cap in local banks and issuing new banking licences rather than solely focusing on either options will attract more foreign investments into the banking sector and facilitate growth and expansion in the sector.

Government bonds to gain as quake delays rate increases

SINGAPORE: Malaysian government bonds will benefit from 'second guessing' that interest-rate increases will be delayed as earthquake damage in Japan threatens the global economic recovery, according to RHB Research.

RM5,000 gone in clicks

KUCHING: Updating personal information online through an email link sent by a 'bank' cost a woman RM5,000 in just a few clicks.

Trio claim trial to charge of illegal deposit-taking

KUALA LUMPUR: Three directors of a gold investment scheme company, already facing money laundering charges, faced the Sessions Court on charges of illegal deposit-taking.

A revolt against old order

Grossly underpaid, overworked and undervalued young professionals are becoming more self-aware of their value to the world at large and do not hesitate to move.

A revolt against old order

Grossly underpaid, overworked and undervalued young professionals are becoming more self-aware of their value to the world at large and do not hesitate to move.