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Cryptocurrency

Diginex launches new Singapore cryptoexchange

HONG KONG: Nasdaq-hopeful Diginex launched a new cryptocurrency exchange focused on derivative products in Singapore yesterday, where it has applied for a licence.

Economy

Poor in a rich nation

BASED on Department of Statistics Malaysia’s (DOSM) recent Household Income and Basic Amenities Report 2019 released on July 10, Malaysia is defined as a nation that falls under the World Bank’s definition of an upper middle-income economy as our gross income per capita of RM45,131 is within the band of US$4,046 and US$12,535. On a per month basis, the gross income translates to about RM3,761.

Corporate News

Proxy fight looms as Ootoya opposes offer

TOKYO: A long-running feud for control of a Japanese provider of home-cooked meals has spilled out of the boardroom and into the kitchen.