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Business 10 Jun 2019 | 12:00 AM

RGB secures rights to sell two more branded gaming machines

GEORGE TOWN: RGB International Bhd has secured the rights to sell two more branded gaming machines in Asia under its sales and marketing business division.

Business 12 Jun 2019 | 6:14 AM

Red Ideas partners GoCar, Boost to provide more community services

KUALA LUMPUR: Red Ideas Holdings Bhd is partnering with GoCar Malaysia and Boost to provide more convenience to communities in terms of security, commuting and payment of fees.

Business 13 Jun 2019 | 12:00 AM

Senior Plc’s new facility to ramp up capacity

PETALING JAYA: UK-based Senior Plc’s second aerospace facility at Malaysia International Aerospace Centre here would increase its manufacturing capacity by 140%, enabling the company to maintain its status as the leader in aerospace component manufacturer and systems provider.

Business 17 Jun 2019 | 12:00 AM

PBoC’s ‘tremendous room’ to act could be tested soon

BEIJING: The boast by People’s Bank of China governor Yi Gang (pic) this month that he has “tremendous room” to adjust policy could soon be tested as the economy slows, throwing attention on the impact on the nation’s fragile currency and financial markets.

Business 17 Jun 2019 | 12:00 AM

News Corp attacks online platforms for hurting news media

WASHINGTON: News Corp’s general counsel blamed internet platforms for hurting the news business by siphoning off profits and promoting less reliable news for readers in remarks before a congressional panel exploring the impact of technology companies on the media industry.

Business 17 Jun 2019 | 12:00 AM

Pentamaster diversifies to broaden income base

GEORGE TOWN: Pentamaster Corp Bhd is diversifying to supply automation systems to the medical, consumer electronic, and logistic industries to broaden its income base.

Business 18 Jun 2019 | 8:17 AM

Aussie weakens as RBA minutes signal further easing

TOKYO: Australia’s dollar slipped to a five-month low after minutes from the central bank’s latest policy meeting showed it is likely to lower interest rates again.

Business 18 Jun 2019 | 9:08 AM

Facebook reveals Libra cryptocurrency, with lofty goals

SAN FRANCISCO/NEW YORK: Facebook Inc revealed plans on Tuesday to launch a cryptocurrency called Libra, the latest development in its effort to expand beyond social networking and move into e-commerce and global payments.

Business 19 Jun 2019 | 12:06 AM Premium

Facebook unveils cryptocurrency Libra in bid to reshape finance

Move is the most ambitious effort yet to take blockchain payments mainstream

Business 20 Jun 2019 | 2:15 AM

Facebook called before Senate panel over digital currency project

WASHINGTON: Facebook Inc's plans to create a global cryptocurrency will face scrutiny from the U.S. Senate Banking Committee on July 16, the latest sign that policymakers around the globe are casting a wary eye on the project.