'PTPTN repayment scheme decided by Education Ministry, not Finance' – Malaysiakini

'PTPTN repayment scheme decided by Education Ministry, not Finance' – Malaysiakini

The Finance Ministry was not involved in the planned implementation of scheduled salary deductions for National Higher Education Fund Corporation (PTPTN) study loans, Lim Guan Eng said today. Instead, the finance minister stressed, the decision was made by the Education Ministry. “I think the education minister has spoken about this matter. It was not decided by the Finance […]

Stocks tumble, crude oil surges on OPEC deal – Yahoo Finance

Stocks tumble, crude oil surges on OPEC deal – Yahoo Finance

Stock got slammed during Friday’s trading session. The S&P 500 (^GSPC) slumped 2.68%, or 72.28 points, and is on pace to close out its worst week in more than 8 months, as of 3:05 p.m. ET. The Dow (^DJI) sank 659.57 points, or 2.64%, and the tech-heavy Nasdaq (^IXIC) tumbled 3.32%, or 235.66 points lower. Technology was […]

Bank of Japan voices hope no catastrophy in financial services if no-deal Brexit – Reuters

Bank of Japan voices hope no catastrophy in financial services if no-deal Brexit – Reuters

Bank of Japan (BOJ) Governor Haruhiko Kuroda attends a news conference at the BOJ headquarters in Tokyo, Japan October 31, 2018. REUTERS/Issei Kato TOKYO (Reuters) – Bank of Japan Governor Haruhiko Kuroda said on Friday he expected British and European Union authorities to work together to avert a “catastrophic” situation in financial services even in […]

S&P 500 Futures Plunge, Signaling Rout to Deepen in U.S. Stocks – Yahoo Finance

S&P 500 Futures Plunge, Signaling Rout to Deepen in U.S. Stocks – Yahoo Finance

(Bloomberg) — U.S. stock index futures lurched lower, signaling no respite to the rout that’s lopped more than $3 trillion from the market since late September. S&P 500 Index contracts slumped as much as 1.9 percent from Tuesday’s close, before trading at 2,673, down 1.1 percent, as of 8:30 a.m. in London. Selling pressure early […]

Yahoo Finance's market update: Dec. 5, 2018 – Yahoo Finance

Yahoo Finance's market update: Dec. 5, 2018 – Yahoo Finance

U.S. equity futures pointed higher after a crushing session on Tuesday sent stocks plunging to their worst performance in nearly two months. Futures for the S&P 500 (^GSPC) rose 0.61%, or 16.5 points, as of 8:40 a.m. ET. Dow (^DJI) futures advanced 0.43%, or 107 points, after shedding nearly 800 points as of market close […]

Stocks nosedive, Dow sheds more than 700 points – Yahoo Finance

Stocks nosedive, Dow sheds more than 700 points – Yahoo Finance

Stocks nosedived as a slew of concerns over trade tensions and an inversion in part of the U.S. yield curve spooked investors. The S&P 500 (^GSPC) fell 2.97%, or 82.74 points, as of 3:24 p.m. ET, with banking stocks leading declines. The Dow (^DJI) slid 2.83%, or 732.1 points, having shed more than 800 points […]

$30m grant to enhance cyber security capabilities in financial sector launched – The Straits Times

$30m grant to enhance cyber security capabilities in financial sector launched – The Straits Times

SINGAPORE – A $30 million grant aimed at boosting the cyber resilience of Singapore’s financial sector and developing local talent in the field of cyber security was launched on Monday (Dec 3). The Monetary Authority of Singapore (MAS) announced details of the new Cybersecurity Capabilities Grant in a statement on Monday. The grant will support […]

Oil and gas fail to prop up Russia’s teetering economy – Financial Times

Oil and gas fail to prop up Russia’s teetering economy – Financial Times

Evgeny Sidorov knew things were bad when the heating at the factory he worked at in central Russia was switched off in midwinter. The temperature was about minus 15C and many of the building’s windows were missing. Since then, things have only got worse at the Ormeto-YUMZ machinery factory in the city of Orsk. The […]

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