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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.
KUALA LUMPUR: E.A. Technique (M) Bhd (Eatech) has proposed to acquire a 100% interest in Libra Perfex Precision Sdn Bhd for RM5mil.
KUALA LUMPUR: ECM Libra Financial Group Bhd, which is undertaking a distribution exercise in cash and kind to its entitled shareholders of up to RM320.10mil, has fixed the cash component at RM177.69mil.
NEW YORK/LONDON: Bitcoin jumped to an 18-month high on Wednesday, as investors looked for safety in alternative investments amid geopolitical tension, and cheered prospects that Facebook Inc's Libra token could push cryptocurrencies into the mainstream.