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Yuan gains larger share in international payment: SWIFT
BEIJING: The Chinese currency yuan, has retained its spot as the fifth most attractive currency for global payments by value in January but with a larger share as a global payment currency, said the Society for Worldwide Interbank Financial Telecommunication (SWIFT), a global provider of financial messaging services.
New player looking to challenge MyEG
THERE is a new player in town looking to enter the space previously dominated by online service provider MyEG Services Bhd.
Tencent hits record market value as profits soar
Internet giant eyes Malaysian market with Green Packet for cloud-based eKYC and possibly more
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 overhauls design as it pivots to private messaging
SAN JOSE, Calif.: Facebook Inc debuted an overhaul of its core social network on Tuesday, taking its first concrete steps to refashion itself into a private messaging and e-commerce company as it tries to move past scandals while tapping new revenue sources
Zuckerberg says Facebook's future is going big on private chats
SAN FRANCISCO: Facebook Inc Chief Executive Mark Zuckerberg said on Wednesday the company would encrypt conversations on more of its messaging services and make them compatible, the latest sign that the world's biggest social network sees its future in intimate online chats
Facebook profit beats Wall Street forecasts, calming concern
SAN FRANCISCO: Facebook Inc chief executive officer Mark Zuckerberg is betting the company’s future on video and disappearing posts called “stories,” not the company’s famous news feed. Investors are buying into the vision for now.
Digi.com proposes 3rd interim dividend of 5 sen per share
PETALING JAYA: Digi.Com Bhd has proposed to reward shareholders with a third interim dividend of five sen per share after registering a 2% increase in earnings for the third quarter ended Sept 30.
Slightly higher Q3 net profit for Digi, dividend 5c
KUALA LUMPUR: Digi.Com Bhd's net profit rose 2% to RM392.54mil in the third quarter ended Sept 30, 2018 and rewarded shareholders with a dividend of five sen a share.
Battered Tencent looks for a bottom after US$150bil wipeout
HONG KONG: The Chinese internet giant, best known for its popular games and ubiquitous messaging services, has shed more than US$150bil in market value since a January peak, the biggest wipeout of shareholder wealth worldwide.