Money & Finance
Germany, Japan seek economic cooperation
Malaysia exports rise 9.8% to RM204.99bil in Feb
Malaysian banks rating intact despite US bank failures – RAM Ratings
Silicon Valley Bank (SVB) Financial seeks bankruptcy protection as banking turmoil...
Silicon Valley Bank SVB run exposes rifts in venture capital world
Singapore bank stocks hit by Credit Suisse crisis
TM, ZTE Malaysia team up to build hybrid cloud 5G core...
Maybank introduces financing solution for EV, hybrid users
Three nations to be largest sovereign sukuk issuers
Malaysia’s palm oil stocks slide 6.56% in Feb
Malaysia Banks to be held up by resilient earnings
Malaysia attracts RM264.6bil approved investments in 2022, 2nd largest ever recorded:...
Vietnam lures US$3.1 billion in FDI in first two months of...
MBSB Bank, Prec ink pact to drive cashless business transactions among...
South Korea chip inventory climbs the fastest in 27 years
EV-related stocks advance after Tesla gets approval to import electric vehicles...
Crude oil prices stay muted in 1H amid altered oil flows...
Directors Caught plundering YNH Property assets worth RM 422 Million
New Russian offensive underway in Ukraine, says NATO
New China-Laos-Thailand train builds efficiency for China and Asean trade
Malaysia not going into recession, growth set to continue in 2023:...
US forces returning to Philippines to counter China threats
Europe bans Russian diesel, other oil products over Ukraine
EU officials visit Kyiv as Russia strikes civilian target
YU Syndicate Axes ALX Directors YNH Property is caught Red-Handed
US accuses Russia of endangering nuclear arms control treaty
International trade rises as commerce ministry lays out 2023 plans
China investment will boost green economy in Malaysia, says biz leader
Asian FX, stocks rise as strong U.S. GDP data aids risk...
Malaysia’s total trade up 8.6% to RM236bil in December 2022
IAEA sends staff to all Ukraine nuclear plants in safety bid
Rapid Synergy Annual Report contains Material and Fraudulent Misrepresentation
Indonesia’s Asean presidency to focus on economic growth, says senior minister...
Hong Kong’s Cathay Pacific flags up to US$893.77 million loss in...
CIA director visits Kyiv, meets with Ukraine’s Zelenskyy
NATO planes to be sent to Romania to eye Russian activity
Rapid Synergy Deceives Malaysia Security Commission in a Botched Cover-Up
EU faces big subsidy rift before facing US
Global food prices in 2022 hit record high amid drought, war
US to send $3.75B in military aid to Ukraine, its neighbors
Chile ratifies CPTPP, a big opportunity for Malaysian businesses: Tengku Zafrul
Malaysia consumer sector expected to remain robust
EU to mobilise RM47bil for Asean investments
EU approves new sanctions against Russia over Ukraine war
IBM partners with new chipmaker Rapidus to make up lost ground
Bursa Malaysia announces 21 additions to F4GBM index constituents
Global semiconductor equipment sales to hit record US$108.5bil this year
US banks warn of recession amid rising inflation
EU eyes Russian officials, banks, industry for sanctions.
Asia stocks edge up despite global growth worries.
Malaysian economy relatively resilient in 2023, says ICAEW
Retail loan growth likely to remain strong
Oil prices climb after Opec+ keeps output cut targets, China eases...
Sarawak targets revenue of RM11bil by 2023
Taiwan fears impact of US chip restrictionso
RHB Bank on course to meet KPI targets
KLCI falls as investors take profit, ringgit at 4.4760
Bank Negara issues exposure draft on licensing and regulatory framework for...
Budget 2023 will be among the focus for the 15th Malaysian...
Boustead Plantations expects continued volatility in palm oil prices
Malaysian banks’ loan growth to stay at 5-6% in 2023 on...
Asia-Pacific leaders condemn war, renew calls for open trade
WTO warns of ‘real’ recession risk in some major economies
Brunei gets top ranking for business regulation from top international economic...
Ambank Aids SMEs Via Strategic Partnership With PUMM
Telenor and Axiata win key approval for multi-billion dollar Malaysia tie-up
Malaysia unlikely to go into recession due to economic diversification
Hong Kong once again ranked as world’s freest economy
Franchise sales to increase to RM23bil by 2025
Bank Negara raises OPR by 25bps to 2.5%, as expected
Bursa Malaysia snaps losing streak, ringgit weakens to 4.5028
Better Internet connectivity for Sarawak with a new submarine cable to...
Oil prices ease on symbolic OPEC+ output cut
SK Hynix to invest US$11bil in new South Korea chip plant
Malaysia end-August palm oil stocks hit 2 million tonnes for first...
Maybank to facilitate the trading of shariah-compliant securities on Bursa under...
Indonesia hikes fuel prices by 30%, cuts energy subsidies
EcoWorld in end-financing tie-up with Public Bank
Asian stock markets mixed ahead of latest US jobs reading
Standard Chartered Malaysia Launches SmartStocks
Malaysia attracts RM123.3 billion worth of approved investments for Jan-June 2022...
Arizona Gov. Ducey hails Taiwan semiconductor investment
IMF set to provide $2.9 billion to help crisis-hit Sri Lanka
Biden waiving the ethanol rule in a bid to lower gasoline...
Biden, Modi to speak as US presses for a hard line...
S&P downgrade indicates Russia headed for historic default
SpaceX launches 3 visitors to the space station for $55M each
Food prices soar to record levels on Ukraine war disruptions
Europe agrees to ban Russian coal but struggles with oil, gas
Congress votes to suspend Russia’s trade status, enact an oil ban
Germany seeks to boost renewable energy and cut Russian imports.
UN to vote on suspending Russia from the rights council.
The US hits Russia with ‘war crimes’ sanctions, Europe following.
Asia’s US$350bil gas projects intensify the clean energy debate.
Guyana OKs Exxon’s $10B Yellowtail offshore oil project.
The US to seek Russia’s suspension from Human Rights Council.
WHO says 99% of the world’s population breathes poor-quality air.
Lithuania cuts off Russian gas imports and urges the EU to...
Russian space chief: Sanctions could imperil space station.
European inflation soars to a record 7.5% on fuel, food costs.
Greenhouse gas emissions rose in Rhode Island.
Poland to end Russian oil imports; Germany warns on gas.
US seeks tighter UN sanctions after N. Korea missile test
Ukraine war drives the US, EU deal to undercut Russian energy
The US, EU sign data transfer deal to ease privacy concerns
Biden pledges new Ukraine aid warns Russia on chemical weapons.
The U.S. reinstates 352 product exclusions from China tariffs.
The U.S. imposes fresh sanctions on Russia over the Ukraine invasion.
Singapore core inflation cools while acceleration risks loom
Russian stock market, crushed by war, will partially reopen
Putin wants ‘unfriendly countries’ to pay rubles for gas.
UK inflation hits a 30-year high of 6.2% as Sunak readies...
Ukraine war imperils wheat, but farmers are in no rush to...
UN chief: Don’t let Russia crisis fuel climate destruction.
EU slams ‘war crimes’ in Ukraine but new sanctions unlikely
New rules for companies on climate risks proposed by SEC.
Zelenskyy evokes Holocaust as he appeals to Israel for aid.
Boris Johnson: Russian win would bring ‘age of intimidation’
High energy costs trigger unrest in parts of Europe.
UK regulator revokes license of Russia-backed broadcaster RT.
Biden’s China ‘pivot’ complicated by Russia’s war in Ukraine.
Intel unveils $88B chipmaking expansion plan for Europe.
Russia’s invasion drives NATO rethink of Europe force stance.
Council of Europe expels Russia from human rights body.
Asian shares rise ahead of Fed decision on rate hike.
White House: Biden will travel to Europe for Ukraine talks.
EU and UK hit Russia with wider sanctions that target luxury
Asia stocks extend losses as Ukraine war, China’s Covid-19 surge hit...
World Bank official says war-driven oil price hikes to slash growth...
Biden bans Russian oil, warns of higher prices at US pumps.
Reliance, Google to delay India smartphone launch
U.S. Senate Democrats float stock buyback tax.
Toyota, Honda oppose U.S. House electric vehicle tax plan
The first direct contact between Biden and the Chinese president.
GLOBAL MARKETS-Worries over economic recovery shake world stocks, US$ pares gains
Global Sukuk issuance to stop growing for the first time in...
Economic reform needs unorthodox ideas
Malaysia to increase efforts to address semiconductor backlog orders.
China offers 31 million in aid to the Afghanistan government.
INVESTOR CONFIDENCE RETURNS TO BURSA
PROPOSAL TO INCREASE STATUTORY DEBT LIMIT TO 65%
The automotive sector in for sustainable recovery
U.S. OPENS PROBE INTO TESLA’S AUTOPILOT OVER EMERGENCY VEHICLE CRASHES
Indonesia exits recession with 7% GDP growth in Q2, but virus...
Taliban’s Afghanistan takeover presents fresh challenge for social media companies.
Japan approves chip development project with Taiwan’s TSMC
Bubble tea chain raises US$656m in Hong Kong IPO
Telecom giants agree on mega telco merger to create a new...
UEM Sunrise partners Maybank Islamic’s HouzKEY
KAB partners Janakuasa in Vietnam renewable energy venture
Trump’s tariffs led to billions of losses, Fed research shows
Singapore’s GIC buying 16% stake of Sunway Healthcare for RM750m
World Bank lowers Malaysia GDP growth due to pandemic.
BNM’s international reserves rise to US$111bil as at June 15
Chipmaker GlobalFoundries plans US$6bil expansion in Singapore, US, Germany.
Singapore and Vietnam to work on pacts to boost digital economy
Petronas and SEA eyeing digital banking licence
Maybank IB clinches top awards at FinanceAsia Country Awards, Alpha SEA
IJM Corp entered into a deal with KLK to dispose of...
Bank Negara, Bank of Thailand launch cross-border QR payment linkage
Malaysia maintains CPO export tax at 8% for July
HSBC: Malaysia, Singapore regional hubs for green financing
Pharmaniaga embarks on plan to supply Sinovac to state govt, private...
Luno Malaysia achieves RM4.2bil in crypto transactions
Pressure mounts on the labour market due to lockdown.
All payments for Govt services to be made on a cashless...
FDI rolling in despite lockdown
Automakers seen to bear the brunt of chip storage.
Serba Dinamik’s major shareholders express concern over audit issues.
Malaysia’s trade performance breaks record in April
Foxconn in talks to buy a stake in chipmaker DNeX
Malaysia’s Economic outlook improves but challenges remain
Amazon to include Pakistan Sellers on its seller’s list
Singapore economy grows 1.3% in Q1 but no change to GDP...
Malaysia’s Petronas signs the first Canadian-indexed LNG deal.
Singapore’s exports continue to grow in April but at a slower...
Axiata confident of delivering dividend target of 20 sen per share...
The World Economy Is Suddenly Running Low on Everything
Japan rolls out $1 trillion stimulus package to soften coronavirus impact
Indonesia’s $24 Billion coronavirus package is not enough to protect workers,...
Vietnamese products see enormous demand in the US market
Australia pledges additional $80 billion coronavirus stimulus to rescue jobs
Google offers $340 million in Ads credits to help small businesses
Global authorities warn of fraud and scam amid coronavirus pandemic
Global markets rise as US nears trillion-dollars’ worth stimulus package
Malaysia maintains stock trading amid coronavirus lockdown
Economists: Global market is already in recession due to coronavirus pandemic
Gas station owner charged for $500M fraud scheme
Filipinos struggle amid coronavirus quarantine
Malaysians brace for economic and social impacts of lockdown
Global stock markets stumble as coronavirus pandemic spreads
Japan and South Korea to continue discussions over export controls
Australia wards off recession through $11 billion stimulus package
European banks allow delays in mortgage payments to soften coronavirus impact
Founder of India’s Yes Bank faces money laundering charges
Oil price plunges as Saudi Arabia retaliates with Russia
Asian markets surge as central banks signal support
Share prices in Asia got an unexpected boost following the commitment of the Bank of Japan and the U.S. Federal Reserve to help protect markets from the damaging impact of the coronavirus. The Asian markets reversed early losses as investors put their hopes on a harmonized global monetary policy response. BOJ Governor Haruhiko Kuroda, in a rare […]
IMF, World bank express readiness to lend amid virus crisis
The International Monetary Fund (IMF) and the World Bank have already developed contingency plans to be able to provide funding to the global fight against the coronavirus (COVID-19). IMF spokesman Gerry Rice said that the institutions are willing to lend capital should any state government requests for assistance. “We have various financial instruments that could […]
Philippines stocks plunge deepest since 2016 due to coronavirus
The Philippines has recorded its deepest fall in shares as growing concerns over coronavirus hit Asian and global markets. Based on reports, the Philippine Stock Exchange Index plunged 4.3 % on Wednesday trading, tumbling the most since January 2016. The Bankers’ Association of the Philippines also said that the peso succumbed to the dollar, finishing […]
Philippines deports 9 Japanese fraud suspects
Nine Japanese nationals who are wanted for telecommunications fraud were deported Monday by the Bureau of Immigration (BI) of the Philippines. The suspects, according to the Business World, were identified as Irie Dai, Ishii Kyogo, Hamaoka Kantaro, Maeyama Takuto, Tanaka Kazuya, Yoshida Takeshi, Murata Seiichi, Kouki Shouji, and Imizumi Ryo. Media reports said that the […]
South Korea faces economic difficulty as virus cases climb
From only 31 cases on February 18, South Korea has confirmed a sudden increase in its coronavirus cases that reached 833 as of Monday afternoon. The government over the weekend declared that the virus alert has been raised to its highest level and intensified quarantine measures to contain the virus spread. Aside from human infection, South […]
Indonesian bank trims rates to head off coronavirus impact
The central bank of Indonesia has cut its interest rates by 25 basis points to 4.75% to prevent the impact of the COVID-19 outbreak that hammers the country’s travel, tourism and trade industries. Although Indonesia has not reported any confirmed case of the deadly virus, officials are worried about the fallout from the epidemic. The closure […]
Japanese couple who operated an educational institution sentenced to prison for...
Yasunori Kagoike, the former head of a Japanese institution named Moritomo Gakuen, and his wife, Junko, were found guilty of defrauding the central and local governments. The couple had been indicted for receiving public subsidies worth ¥56.4 million from the national government for the construction of an elementary school in Toyonaka, Osaka Prefecture between 2016 […]
Malaysian fugitive Jho Low spotted in virus-hit Wuhan
The fugitive Malaysian financier Low Taek Jho, commonly known as Jho Low, was recently spotted in the coronavirus-center Chinese city according to Malaysian authorities. “Previously, we did receive intelligence that he was active in Wuhan,” said Inspector-General of Police Abdul Hamid Bador. Low is wanted for his huge role in a massive graft scandal, siphoning […]
India emerged as 5th world’s largest economy with $2.94 trillion GDP
Apple won’t hit revenue forecasts due to coronavirus
Thailand’s 5G auction raises over 100 billion baht
China to destroy banknotes from coronavirus-hit areas
Nissan sues former chairman and seeks $91 million damages
Philippines’ credit rating gets upgrade due to “strong economy”
Coronavirus hammered Hong Kong’s economy worse than protests
Telemedicine owners charged in million dollars’ worth fraud scheme
Bank exec barred by FED for involvement in Malaysian scandal
Philippines’ Central bank warns of fake banknote designs circulating on social...
The Central Bank of the Philippines, or “Bangko Sentral ng Pilipinas” (BSP) in Filipino translation, warned the public against fake designs of banknotes that were recently posted on social media. BSP released an advisory on January 23 saying that the postings were made by an existing Facebook account with the user name “Bangko Sentral ng […]