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5y

US Treasury proposes tax on cryptocurrency transfers

Dept looks to raise revenue to pay for US$1.6 tril spending proposal on education, social protection

5y

Covid-19 vaccines spawn another 9 billionaires

Findings come ahead of G20 Global Health Summit, a lightning rod for growing calls to temporarily remove IP protections on coronavirus jabs

5y

Sime Darby Plantation’s Q1 net profits rise 20% y-o-y

Firm also sees revenue jump by over 20% y-o-y

5y

EasyJet’s first-half net loss widens as virus bites

Pre-tax loss of £701 mil for carrier still at lower end of guidance

5y

Bursa ends lower as Covid-19 surge hits sentiment

FBM KLCI falls 5.20 points to 1,575.32

5y

Boeing resumes MAX deliveries after electrical fix approved

‘Electrical bonding and grounding issue’ affects 3 parts of aircraft in those built after design changes made in 2019

5y

Bytedance boss quits, citing preference for daydreaming

Zhang Yiming leaves CEO post, to transition to new role by year-end focusing on ‘long-term strategy’

5y

Tokyo shares lower as investors disheartened by Wall St falls

Meanwhile, bitcoin sheds whopping 30% at one point after China signals new crackdown on cryptocurrency

5y

Bursa’s weak showing continues on back of Covid-19 surge

Ringgit, too, extends losses, opening at 4.1410/1460 against US dollar

5y

Stocks, oil and bitcoin sink in volatile trading

This due to, among others, rising inflation and China’s cryptocurrency crackdown

5y

Bitcoin tumbles below US$39,000 after China issues warning

Beijing’s reminder on crypto ban sends unit diving more than 10%

5y

UK inflation doubles to highest level since start of pandemic

This due to rising energy, clothing costs, says Office for National Statistics chief economist

5y

Up to 30% of cost in capital investment projects consumed by corruption: World Bank

Sector specialist says more than half of cases relating to foreign bribery involves public procurement