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IN a bid to end the United Nation’s Security Council stranglehold over the selection of the Secretary-General in 2016/2017, the battle cry by a group of prominent reformists at that juncture was non-other than “more of a General, less of Secretary”.
THE Machinery and Equipment Productivity Nexus with the support of the Malaysia Productivity Corporation (MPC) has introduced a programme to help businesses embark on their digitisation journey.
KUALA LUMPUR (Bernama) -- Amanah Saham Nasional Bhd (ASNB) has advised Amanah Saham Bumiputera (ASB) investors taking ASB financing to contact their respective banks to obtain a lower financing rate following Bank Negara Malaysia’s reduction of the overnight policy rate (OPR).
BENGALURU: Indonesia's rupiah was the biggest mover among emerging Asian currencies on Wednesday, weakening 1.5% after officials failed to quell concerns that a proposed new framework for monetary policy-making could undermine the central bank's independence.
PETALING JAYA: RHB Bank Bhd has completed the acquisition of RHB Nominees Singapore Pte Ltd, Summit Nominees Pte Ltd and RHB Research Institute Singapore Pte Ltd.
LONDON: The Covid-19 pandemic has accelerated the shift to online banking in Europe, but it has also given some suburban branches an unexpected new purpose – as alternative office space for staff reluctant to commute to big headquarters in city centres.
SINGAPORE: Embattled oil tycoon Lim Oon Kuin, better known as O.K. Lim, and his two children have been sued by Hin Leong Trading judicial manager PricewaterhouseCoopers Advisory Services in its bid to recover US$3.5 billion (S$4.75 billion) plus another US$90 million in dividends the Lims allegedly paid themselves even though the company was insolvent.
SYDNEY: Australia's IOOF Holdings Ltd said it will buy National Australia Bank Ltd's financial advisory arm for A$1.4 billion ($1.1 billion), making it the country's biggest retail wealth management firm.
CREDIT Suisse Group AG plans to double its headcount in China over five years as the firm accelerates its pursuit of the nation’s wealthy, seeking to move past a scandal that’s engulfed once-favoured client and Luckin Coffee Inc. founder Lu Zhengyao.