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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.
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.
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.
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.
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.
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.
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.
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.
Facebook unveils cryptocurrency Libra in bid to reshape finance
Move is the most ambitious effort yet to take blockchain payments mainstream
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.
