Money

Bitcoin, rival cryptocurrencies plunge on crackdown fears

LONDON, Jan 16 — Bitcoin slid as much as 18 per cent today to a four-week low, as fears of a regulatory crackdown on the market spread after reports suggested it was still possible that South...

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Carillion banks lead losers as US$2.2b debts crush firm

LONDON, Jan 16 — Carillion Plc’s collapse under about £1.6 billion (approx RM8.7 billion) of debt will hand losses to banks, bond investors and suppliers. Shareholders of the UK builder...

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Man charged with defrauding Proton cooperative over RM350,000 investments

KUALA LUMPUR, Jan 16 — The Securities Commission Malaysia (SC) today charged a man with defrauding a Proton cooperative of its investments of RM350,000. The fraud of Koperasi Pelaburan...

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Ringgit ends almost flat versus greenback

KUALA LUMPUR, Jan 16 — The ringgit closed barely unchanged versus the US dollar while extending its rally against other major currencies today. At 6pm, the local note finished at...

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Bursa Malaysia turns mixed at close

KUALA LUMPUR, Jan 16 — Bursa Malaysia turned mixed at close today as last-minute buying emerged in selected heavyweights to limit earlier losses, and despite a similar mixed sentiment on...

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