General

Category: General

Indonesia, Malaysia renew local currency bilateral swap agreement

The central banks of Indonesia and Malaysia here on Friday renewed their local currency bilateral swap agreement, also known for its abbreviation as LCBSA, of up to 82 trillion Indonesian rupiahs (about 5.42 billion U.S. dollars) or 24 billion Malays…

NPA scores Steinhoff victory

The National Prosecuting Authority (NPA) has secured its first conviction, sentence and confiscation order related to the Steinhoff case.

This after the Specialised Commercial Crimes Court in Pretoria sentenced former Steinhoff physician, Dr Gerhard…

Sugar futures close higher

Sugar futures closed higher Friday in daytime trading on the Zhengzhou Commodity Exchange (ZCE).

The most active sugar contract for January 2025 delivery gained 16 yuan (2.28 U.S. dollars) to close at 5,942 yuan per tonne.

On Friday, the total trad…

China’s int’l trade in goods, services up 4 pct in August

The value of China’s international trade in goods and services reached approximately 4.18 trillion yuan in August this year, marking an increase of 4 percent year on year, official data showed on Friday.

In U.S. dollar terms, the country’s exports o…

Police rescue kidnap victims

Police have rescued two victims, believed to be victims of alleged kidnapping.

The victims were reportedly released by their kidnappers due to the pressure exerted upon the suspects by the police. This was as a result of an intelligence-driven opera…