March, 2017

 

Sapura Energy, AirAsia, Ahmad Zaki, Master-Pack, Globetronics, ATTA Global, Vizione, Nexgram, Borneo Oil, Inix, Kerjaya Prospek, Eversafe Rubber and Mulpha International

Sapura Energy, AirAsia, Ahmad Zaki, Master-Pack, Globetronics, ATTA Global, Vizione, Nexgram, Borneo Oil, Inix, Kerjaya Prospek, Eversafe Rubber and Mulpha International

KUALA LUMPUR (March 31): Based on corporate announcements and news flow today, stocks in focus on Monday (April 3) may include: Sapura Energy Bhd, AirAsia Bhd, Ahmad Zaki Resources Bhd, Master-Pack Group Bhd, Globetronics Technology Bhd, ATTA Global Group Bhd, Vizione Holdings Bhd, Nexgram Holdings Bhd, Borneo Oil Bhd, Inix Technologies Holdings Bhd, Kerjaya Prospek Group Bhd, Eversafe Rubber Bhd and Mulpha International Bhd

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Will Berlin benefit as new tech start-up centre from Brexit wave? (VIDEO)

BERLIN, March 31 — It’s easy to see why many Brits now call Berlin home. But Brexit could mean they can’t stay here. Mhlanguli Ncube works for a tech start up which employs 65 per cent of its staff from the UK. Others — like British…


No Brexit ‘Armageddon’ for London’s financial district

No Brexit 'Armageddon' for London's financial district

LONDON (March 31): The City of London should emerge largely unscathed from Brexit even though thousands of banking and insurance jobs could move to the continent, the financial district’s policy chief said.

The “City” or “Square Mile”, home to over 250 foreign banks and the Lloyd’s of London insurance market, faces upheaval as firms decide whether to shift jobs to continental Europe to keep serving customers there after Britain leaves the EU in 2019.

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Trump to host Jordan’s King Abdullah on April 5 — White House

Trump to host Jordan's King Abdullah on April 5 — White House

WASHINGTON (March 31): US President Donald Trump will Host Jordan’s King Abdullah at the White House next week to discuss the fight against Islamic State militants, the Syria crisis and advancing peace between Israelis and Palestinians, the White House said in a statement.

The April 5 meeting between the two leaders comes after Trump’s Middle East envoy met with Abdullah earlier this month.

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Wall Street slips as investors lock in gains of strong quarter

NEW YORK, March 31 ― US stocks were slightly lower today, dragged down by technology stocks as investors locked in gains of what is likely to be Wall Street’s strongest first-quarter performance in four years. A raft of strong economic data…


US’s Mattis says North Korea is acting recklessly and must be stopped

US's Mattis says North Korea is acting recklessly and must be stopped

LONDON (March 31): US Defense Secretary Jim Mattis said North Korea is acting in a reckless manner and must be stopped.

“This is a threat of both rhetoric and growing capability, and we will be working with the international community to address this, we are doing so right now,” Mattis said in reply to a question about the potential threat to the United States from ballistic missiles.

“Right now it appears to be going in a very reckless manner in what its conduct is portraying for the future and that’s got to be stopped,” Mattis said.

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Wall St slips as investors lock in gains of strong quarter

Wall St slips as investors lock in gains of strong quarter

NEW YORK (March 31): US stocks were slightly lower on Friday, dragged down by technology stocks as investors locked in gains of what is likely to be Wall Street’s strongest first-quarter performance in four years.

A raft of strong economic data and the possibility of fiscal stimulus under President Donald Trump have driven US equities to record highs since his election.

The S&P is on track to gain 5.8 percent and the Dow 4.9 percent for the first quarter ending Friday, their biggest quarterly gains since 2013.

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Huishan investors try to dump debt at loss on local exchange

Huishan investors try to dump debt at loss on local exchange

(March 31): As well as borrowing from banks and peer-to-peer websites, the embattled China Huishan Dairy Holdings Co used a small financial exchange in the northeast of China to tap private investors for some of the 40 billion yuan (US$5.8 billion) of debt which it’s now struggling to repay.

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Airlines make more money selling miles than seats

Airlines make more money selling miles than seats

(March 31): Does your wallet contain an airline-branded credit card? If so, your daily Starbucks visits, iTunes selections, and dining habits serve a critical role in keeping the US airline industry fat and happy.

For carriers such as American Airlines riding Citigroup Inc plastic, or Delta on American Express Co, these programnes are a cash cow, a golden goose, or any other fiscal livestock you care to conjure. Each mile fetches an airline anywhere from 1.5 cents to 2.5 cents, and the big banks amass those miles by the billions, doling them out to cardholders each month.

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