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RM10mil spent on first day of e-tunai Rakyat initiative: Guan Eng
PETALING JAYA: Over RM10 million was spent on the first day of the e-tunai Rakyat initiative, says Finance Minister Lim Guan Eng.
Ghosn says French envoy told him Nissan was turning against him
BEIRUT: Former Nissan chairman Carlos Ghosn, speaking in Beirut after his dramatic escape from Japanese justice, said on Tuesday that the French ambassador had warned him shortly after his arrest that his own company was plotting against him.
Rohas Tecnic appoints new chairman
KUALA LUMPUR: Rohas Tecnic Bhd (RTB) has appointed George Sia Bun Chun as its new chairman, effective Jan 13.
US consumers seen boosting big banks’ profits
NEW YORK: Consumer lending is expected to propel profits for big US banks when they unveil fourth-quarter results this week, though stress in corporate lending and uneven capital markets may cast a shadow over results.
Banks intensify investments in technology
PETALING JAYA: Banks are intensifying investments in technology infrastructure to brace for risks and disruptions from rising global cyber threats and security concerns.
South Korea’s fintech race heats up
AN inflow of new players is likely to intensify the heated digitalisation race in South Korea’s financial industry this year, along with the industry-wide efforts to expand the scope of business and accelerate innovation.
Startups chase US$55bil boom from privacy law
BUSINESSES operating in California are required to be in compliance with a sweeping new privacy law, the California Consumer Privacy Act (CCPA), starting this month.
Higher volatility for govt bonds due to uncertainties
HISTORY has shown that the world learns only after they have pulled the triggers or set off the bombs.
Ringgit, oh ringgit
Strength of reserves will help country defend against currency attacks
Life on the run is proving very costly for Carlos Ghosn
LONDON: Life on the run is proving expensive for Carlos Ghosn. The cost of his escape included US$14mil in forfeited bail money while the operation that saw him celebrate New Year’s Eve in Beirut could have cost US$15mil or more.