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MANAMA: New standards for the use of precious metals in Islamic finance are encouraging the development of financial products based on gold and silver, from futures contracts to a mobile app.
EVEN before this week’s big Jack Ma event, logistics stocks have been seeing strong interest.
LONDON: Regulators and leading financial firms launched a new code of conduct for global currency trading on Thursday, including measures aimed at forcing its universal adoption by the world's major financial institutions.
NEW YORK: Federal Reserve governor Jerome Powell said the central bank wants to capture more data on trading in the US$14.1 trillion treasuries market, after regulators began gathering statistics on a limited group of transactions this year.
KUALA LUMPUR: Cagamas Bhd’s business prospects are expected to remain challenging given the matured operating environment, says RAM Ratings, which reaffirmed its credit ratings.
KUALA LUMPUR: The government’s higher deficit target announced in the Budget 2019 will make the ringgit susceptible to short-term pressure, says Franklin Templeton GSC Asset Management Sdn Bhd.