<div class=newsTextDataWrapInner><p>KUALA LUMPUR (June 10): London Metal Exchange (LME) clearing members have been advised that new margin collateral haircuts have been set.</p></div>

<div class=newsTextDataWrapInner><p>In a notice on Thursday (June 9), LME head of liquidity and collateral risk management Barry Gethin said the changes will be made effective at close of business June 15, 2022 and will be reflected in the collateral valuation on the morning of June 16, 2022.</p></div>

<div class=newsTextDataWrapInner><p>According to LME, acceptable collateral provided by clearing members is subject to a reduction in value (haircut) for margin cover purposes depending on the form of collateral provided.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>LME Clear will determine the criteria for acceptable collateral and collateral haircuts in line with regulatory requirements and its own risk policy.</p></div>


KUALA LUMPUR (June 10): London Metal Exchange (LME) clearing members have been advised that new margin collateral haircuts have been set.

In a notice on Thursday (June 9), LME head of liquidity and collateral risk management Barry Gethin said the changes will be made effective at close ...

LME sets new margin collateral haircuts

The launch of a new direct route from Chennai to Penang, via IndiGo, commencing on Saturday, marks a significant milestone in enhancing connectivity, generating economic opportunities, and solidifying Penang’s position as a regional air travel hub.

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At first glance, Sony Group Corp’s US$1.2 billion (RM5.4 billion) acquisition of the anime streaming site Crunchyroll in 2021 looks like a success. Subscribers to the US$8-a-month service have tripled to 15 million since then, and the number of new shows has doubled to more than 50 every quarter.

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Samsung Electronics Co and Texas Instruments Inc completed final agreements to get billions of dollars of government support for new semiconductor plants in the US, cementing a major piece of the Biden administration’s Chips Act initiative.

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OpenAI is preparing to launch a new artificial intelligence (AI) model that it said is capable of more advanced human-like reasoning than its current offerings, ratcheting up the competition with rivals such as Alphabet Inc’s Google.

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The House passed funding to keep the US government operating until mid-March just hours before a midnight shutdown deadline, capping off a tumultuous two days in which two earlier plans pursued by Speaker Mike Johnson collapsed.

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Volkswagen AG (VW) reached an agreement with labour leaders to cut capacity at its namesake brand while avoiding factory closures, capping three months of tense negotiations and preventing further union walkouts.

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<p>Gateway Development Alliance (GDA), the consortium proposing to privatise Malaysia Airports Holdings Bhd (MAHB) (KL:AIRPORT), said it is maintaining its offer of RM11 per share, after&nbsp;the airport operator’s independent directors reommended shareholders to reject the offer.</p>


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<p>Highway users nationwide will enjoy toll-free travel&nbsp;on Dec 23 and 24, in conjunction with&nbsp;Christmas celebration.</p>


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<p>The House passed funding to keep the US government operating until mid-March just hours before a midnight shutdown deadline, capping off a tumultuous two days in which two earlier plans pursued by Speaker Mike Johnson collapsed.</p>


<p>Singapore’s main stock index is on track to have its best annual performance since 2017, but any celebrations over the Straits Times Index’s 15% gain so far this year are likely to be overshadowed by doubts about what lies ahead.&nbsp;</p>


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<p>Qualcomm Inc prevailed at trial against Arm Holdings plc’s claim that it breached a licence for chip technology that the world’s largest maker of mobile-phone processors acquired when it bought a startup in 2021.&nbsp;</p>


<p>Volkswagen AG (VW) reached an agreement with labour leaders to cut capacity at its namesake brand while avoiding factory closures, capping three months of tense negotiations and preventing further union walkouts.</p>


<p>Express bus companies must ensure a second driver is on board for long-distance trips, especially during the festive season, said Deputy Transport Minister Datuk Hasbi Habibollah.</p>


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<p>OpenAI is preparing to launch a new artificial intelligence (AI) model that it said is capable of more advanced human-like reasoning than its current offerings, ratcheting up the competition with rivals such as Alphabet Inc’s Google.</p>


<p>US President-elect Donald Trump appears committed to imposing high tariffs on imports to the United States – or, at least, using the threat of tariffs to bend US trading partners to his will. Trump now says he will enact a 25% tariff on all imports from Canada and Mexico on his first day in offic...

<p>Samsung Electronics Co&nbsp;and Texas Instruments Inc&nbsp;completed final agreements to get billions of dollars of government support for new semiconductor plants in the US, cementing a major piece of the Biden administration’s Chips Act initiative.&nbsp;</p>


<p>At first glance,&nbsp;Sony Group Corp’s US$1.2 billion (RM5.4&nbsp;billion) acquisition of the anime streaming site Crunchyroll in 2021 looks like a success. Subscribers to the US$8-a-month service have tripled to 15 million since then, and the number of new shows has doubled to more than 50 every quarter.</p>
