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KUALA LUMPUR: Malaysia’s biggest Islamic bank is setting up its first overseas branch to meet the demand for financing in the US$6.4 trillion global halal economy.
KUALA LUMPUR: Kenanga Investment Bank Bhd is maintaining its year-end ringgit target against the US dollar at 4.15, while continuing to test the 4.20 level in the near-term.
BUOYED by the runaway success of last month’s 11.11 shopping festival, Senheng and Lazada treated their loyal customers with something equally exciting on 12.12.
WASHINGTON: Federal Reserve chairman Jerome Powell suggested he’ll be more cautious about raising interest rates next year, disappointing investors who wanted even more dovishness.
LONDON, (Reuters) - Doubts are growing about whether the world’s emergency stockpile of 300,000 Ebola vaccine doses is enough to control future epidemics as the deadly disease moves out of rural forest areas and into urban mega-cities.
NEW YORK: Oil prices fell about 5 percent on Thursday, hitting their lowest level in more than a year on worries about oversupply and the outlook for energy demand as a U.S. interest rate rise knocked stock markets.