IMF unveils new corruption policy for member states
WASHINGTON: The International Monetary Fund will systematically address corruption and its impact on economic growth with all its member countries under new guidelines launched on Sunday (Apr 22).
The new policy also tackles how rich countries contribute to corruption in the developing world by ...
KUALA LUMPUR/SINGAPORE (May 25): Singapore's third derivatives exchange kicked off trading on Friday with the launch of palm oil futures, with other contracts expected down the line.
The U.S. dollar-denominated palm olein futures will give traders another option beyond benchmark ringgit-denominated contracts offered from Malaysia, as the Asia Pacific Exchange (APEX) looks to get a foothold in the region.
APEX's September palm olein futures contract opened at US$635 a tonne and was last down 0.3%. A November contract was up 1.7%, after opening at US$650 a tonne.
KUALA LUMPUR (May 24): The FBM KLCI fell 28.59 points or 1.6% as foreign selling of Malaysian shares persisted and investors evaluated the new Malaysian Government's policies.
The evaluation has led to expectations that credit rating agencies may revise their ratings for the country amid concerns on the nation's debt management.