Articles

  • 1 month ago | claimsjournal.com | John Biju |Nichiket Sunil

    The Australian securities watchdog said on Thursday it is taking fixed-income broker FIIG to court, alleging it failed to implement adequate cybersecurity measures over a four-year period, which enabled a hacker to infiltrate its IT network. The Australian Securities and Investments Commission (ASIC) claimed these deficiencies resulted in the theft of approximately 385 gigabytes of confidential data at the company.

  • 1 month ago | gurutrade.com | John Biju |Shailesh Kuber |Savio D'Souza |Susan Fenton

    Feb 28 (Reuters) - Malaysia's Capital A Berhad, owner of budget airline AirAsia, swung to an annual loss in 2024 due mainly to foreign exchange fluctuations, it reported on Friday, but said it expects to return to profit this year. Capital A made an attributable loss of 475.1 million ringgit ($106.5 million) for 2024, from a profit of 255.3 million ringgit in the previous year.

  • Jan 12, 2025 | insideretail.com.au | John Biju |Sonia Cheema |Celene Ignacio |Nicole Kirichanskaya

    Proxy advisory firm Ownership Matters said on Monday it recommends that shareholders of Sigma Healthcare vote in favour of Chemist Warehouse’s reverse takeover of the pharmaceutical company, citing significant shareholder value. Sigma Healthcare will conduct a shareholder meeting on January 29 to seek approval for the deal, which will create a $5.8 billion entity.

  • Jan 10, 2025 | sg.finance.yahoo.com | John Biju

    John Biju Fri, 10 January 2025 at 12:11 am GMT-5 3 min read * Malaysian ringgit, Philippine peso up 0.2% each * Singapore stocks eye worst day since early Aug 2024 * Bank Indonesia, Bank of Korea to set monetary policy next week By John Biju Jan 10 (Reuters) - Most Asian equities declined on Friday, while currencies held steady, as investors remained cautious ahead of the crucial U.S. jobs report later in the day that could impact the outlook for further rate cuts and the greenback.

  • Jan 8, 2025 | sg.finance.yahoo.com | John Biju

    * Indonesian rupiah falls 0.3%, Thai baht declines 0.1% * Thai stocks retreat over 1% * U.S. jobs report awaited on Friday By John Biju Jan 9 (Reuters) - Most Asian equities retreated on Thursday, while currencies were mixed, undermined by growing concerns that U.S. President-elect Donald Trump's proposed policies may fuel inflation and slow rate cuts. MSCI's gauge for emerging market stocks retreated 0.2%.

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