Money & Finance
Asian FX, stocks rise as strong U.S. GDP data aids risk...
IAEA sends staff to all Ukraine nuclear plants in safety bid
Malaysia’s total trade up 8.6% to RM236bil in December 2022
China investment will boost green economy in Malaysia, says biz leader
Joe Biden and Rishi Sunak Discuss US-UK Special Relationship in Oval...
US accuses Russia of endangering nuclear arms control treaty
WHO says 99% of the world’s population breathes poor-quality air.
S&P downgrade indicates Russia headed for historic default
BREAKING NEWS: Undisclosed Transactions & Conflicts: The YNH Property Berhad Scandal
Pakistan Economic Survey 2022/23: Challenges, Growth, and Government Initiatives
The US hits Russia with ‘war crimes’ sanctions, Europe following.
BREAKING NEWS: High-Level Leak Exposes Alleged Corporate Scandal Involving MAA Group...
Bursa Malaysia inks collaboration with UMW, Maybank to roll out centralised...
The first direct contact between Biden and the Chinese president.
PETRONAS and Phoenix Petroleum Sign MoU for Downstream Marketing and Tech...
IJM Corp entered into a deal with KLK to dispose of...
Quantum Computing Breakthrough: China’s Jiuzhang Performs AI Tasks 180 Million Times...
Asia-Pacific leaders condemn war, renew calls for open trade
Better Internet connectivity for Sarawak with a new submarine cable to...
Malaysia to increase efforts to address semiconductor backlog orders.
Bursa Malaysia announces 21 additions to F4GBM index constituents
Germany, Japan seek economic cooperation
Industrial Shares Show Strength in Broadening Stock Market Rally | Analysts...
The US, EU sign data transfer deal to ease privacy concerns
HSBC: Malaysia, Singapore regional hubs for green financing
Taiwan fears impact of US chip restrictionso
Bubble tea chain raises US$656m in Hong Kong IPO
Indonesia exits recession with 7% GDP growth in Q2, but virus...
TM, ZTE Malaysia team up to build hybrid cloud 5G core...
Australia pledges additional $80 billion coronavirus stimulus to rescue jobs
New China-Laos-Thailand train builds efficiency for China and Asean trade
Japan approves chip development project with Taiwan’s TSMC
Bank Negara, Bank of Thailand launch cross-border QR payment linkage
Boustead Plantations expects continued volatility in palm oil prices
Europe bans Russian diesel, other oil products over Ukraine
MBSB Bank, Prec ink pact to drive cashless business transactions among...
ECB hawks press case for more rate hikes to fight inflation
Japan rolls out $1 trillion stimulus package to soften coronavirus impact
Malaysia’s palm oil stocks slide 6.56% in Feb
Telecom giants agree on mega telco merger to create a new...
Oil price plunges as Saudi Arabia retaliates with Russia
Amazon to include Pakistan Sellers on its seller’s list
Budget 2023 will be among the focus for the 15th Malaysian...
UN to vote on suspending Russia from the rights council.
WTO warns of ‘real’ recession risk in some major economies
EU eyes Russian officials, banks, industry for sanctions.
Chile ratifies CPTPP, a big opportunity for Malaysian businesses: Tengku Zafrul
Russian space chief: Sanctions could imperil space station.
Global food prices in 2022 hit record high amid drought, war
Asia’s US$350bil gas projects intensify the clean energy debate.
Boris Johnson: Russian win would bring ‘age of intimidation’
NATO planes to be sent to Romania to eye Russian activity
Reliance, Google to delay India smartphone launch
Malaysia unlikely to go into recession due to economic diversification
Brunei gets top ranking for business regulation from top international economic...
UK regulator revokes license of Russia-backed broadcaster RT.
Greenhouse gas emissions rose in Rhode Island.
Global stock markets stumble as coronavirus pandemic spreads
U.S. OPENS PROBE INTO TESLA’S AUTOPILOT OVER EMERGENCY VEHICLE CRASHES
Intel unveils $88B chipmaking expansion plan for Europe.
Germany seeks to boost renewable energy and cut Russian imports.
KAB partners Janakuasa in Vietnam renewable energy venture
Chipmaker GlobalFoundries plans US$6bil expansion in Singapore, US, Germany.
US forces returning to Philippines to counter China threats
U.S. Senate Democrats float stock buyback tax.
Hong Kong once again ranked as world’s freest economy
UEM Sunrise partners Maybank Islamic’s HouzKEY
White House: Biden will travel to Europe for Ukraine talks.
IBM partners with new chipmaker Rapidus to make up lost ground
New Russian offensive underway in Ukraine, says NATO
Singapore and Vietnam to work on pacts to boost digital economy
Asian stock markets mixed ahead of latest US jobs reading
US banks warn of recession amid rising inflation
UN chief: Don’t let Russia crisis fuel climate destruction.
China’s Ant Financial applies for banking license in Singapore, joining Grab...
Biden bans Russian oil, warns of higher prices at US pumps.
Congress votes to suspend Russia’s trade status, enact an oil ban
Global semiconductor equipment sales to hit record US$108.5bil this year
Malaysia exports rise 9.8% to RM204.99bil in Feb
SK Hynix to invest US$11bil in new South Korea chip plant
India emerged as 5th world’s largest economy with $2.94 trillion GDP
Vietnamese products see enormous demand in the US market
INVESTOR CONFIDENCE RETURNS TO BURSA
High energy costs trigger unrest in parts of Europe.
RHB Bank on course to meet KPI targets
China offers 31 million in aid to the Afghanistan government.
Retail loan growth likely to remain strong
Malaysians brace for economic and social impacts of lockdown
World Bank official says war-driven oil price hikes to slash growth...
SpaceX launches 3 visitors to the space station for $55M each
EU approves new sanctions against Russia over Ukraine war
Zelenskyy evokes Holocaust as he appeals to Israel for aid.
All payments for Govt services to be made on a cashless...
Malaysian economy relatively resilient in 2023, says ICAEW
Silicon Valley Bank SVB run exposes rifts in venture capital world
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 […]
Arizona Gov. Ducey hails Taiwan semiconductor investment
Lithuania cuts off Russian gas imports and urges the EU to...
Bank Negara issues exposure draft on licensing and regulatory framework for...
EcoWorld in end-financing tie-up with Public Bank
Telenor and Axiata win key approval for multi-billion dollar Malaysia tie-up
Malaysia Banks to be held up by resilient earnings
Thai regulations hurdle Tesco’s sale of Asian assets
Singapore core inflation cools while acceleration risks loom
EU and UK hit Russia with wider sanctions that target luxury
Asian shares rise ahead of Fed decision on rate hike.
US and China vowed to resolve economic disputes through comprehensive dialogue
Biden, Modi to speak as US presses for a hard line...
The U.S. reinstates 352 product exclusions from China tariffs.
EU to mobilise RM47bil for Asean investments
KLCI falls as investors take profit, ringgit at 4.4760
Ambank Aids SMEs Via Strategic Partnership With PUMM
Biden waiving the ethanol rule in a bid to lower gasoline...
Ukraine war imperils wheat, but farmers are in no rush to...
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 […]
The US to seek Russia’s suspension from Human Rights Council.
Bank Negara raises OPR by 25bps to 2.5%, as expected
Sarawak targets revenue of RM11bil by 2023
China’s new coronavirus hits global markets
The automotive sector in for sustainable recovery
EU slams ‘war crimes’ in Ukraine but new sanctions unlikely
IMF set to provide $2.9 billion to help crisis-hit Sri Lanka
Axiata confident of delivering dividend target of 20 sen per share...
Indonesia’s $24 Billion coronavirus package is not enough to protect workers,...
Asia stocks extend losses as Ukraine war, China’s Covid-19 surge hit...
The U.S. imposes fresh sanctions on Russia over the Ukraine invasion.
Indonesia’s Asean presidency to focus on economic growth, says senior minister...
Guyana OKs Exxon’s $10B Yellowtail offshore oil project.
Europe agrees to ban Russian coal but struggles with oil, gas
Standard Chartered Malaysia Launches SmartStocks
Economic reform needs unorthodox ideas
Russia’s invasion drives NATO rethink of Europe force stance.
US seeks tighter UN sanctions after N. Korea missile test
Toyota, Honda oppose U.S. House electric vehicle tax plan
Automakers seen to bear the brunt of chip storage.
Food prices soar to record levels on Ukraine war disruptions
Serba Dinamik’s major shareholders express concern over audit issues.
Malaysia’s Petronas signs the first Canadian-indexed LNG deal.
Indonesia hikes fuel prices by 30%, cuts energy subsidies
South Korea chip inventory climbs the fastest in 27 years
PROPOSAL TO INCREASE STATUTORY DEBT LIMIT TO 65%
New rules for companies on climate risks proposed by SEC.
Ukraine war drives the US, EU deal to undercut Russian energy
Franchise sales to increase to RM23bil by 2025
International trade rises as commerce ministry lays out 2023 plans
Taliban’s Afghanistan takeover presents fresh challenge for social media companies.
Malaysia attracts RM123.3 billion worth of approved investments for Jan-June 2022...
Malaysian banks’ loan growth to stay at 5-6% in 2023 on...
Volcano eruption won’t hit Philippines GDP, says Economist
Biden’s China ‘pivot’ complicated by Russia’s war in Ukraine.
Founder of India’s Yes Bank faces money laundering charges
Crude oil prices stay muted in 1H amid altered oil flows...
President Trump boasts US’ investment boom in Ohio rally
GLOBAL MARKETS-Worries over economic recovery shake world stocks, US$ pares gains
Global Sukuk issuance to stop growing for the first time in...
CIA director visits Kyiv, meets with Ukraine’s Zelenskyy
The World Economy Is Suddenly Running Low on Everything
Malaysia maintains CPO export tax at 8% for July
Malaysia not going into recession, growth set to continue in 2023:...
Three Malaysian execs face money laundering charges
Biden pledges new Ukraine aid warns Russia on chemical weapons.
BNM’s international reserves rise to US$111bil as at June 15
Global stock markets slip on Christmas Eve
European inflation soars to a record 7.5% on fuel, food costs.
Hong Kong’s financial sector unmoved by protests
Maybank IB clinches top awards at FinanceAsia Country Awards, Alpha SEA
Malaysia consumer sector expected to remain robust
Japan and South Korea to continue discussions over export controls
World Bank President urges lawmakers to prioritize debt management to avert...
Asia stocks edge up despite global growth worries.
US-Iran tensions put world market on edge
FDI rolling in despite lockdown
Filipinos struggle amid coronavirus quarantine
What to expect next as US-China trade deal gets inked
Oil prices climb after Opec+ keeps output cut targets, China eases...
UN worries about unemployment of 470M people worldwide
Luno Malaysia achieves RM4.2bil in crypto transactions
Bursa Malaysia snaps losing streak, ringgit weakens to 4.5028
Hong Kong’s Cathay Pacific flags up to US$893.77 million loss in...
Malaysian banks rating intact despite US bank failures – RAM Ratings
EV-related stocks advance after Tesla gets approval to import electric vehicles...
World Bank lowers Malaysia GDP growth due to pandemic.
Bank exec barred by FED for involvement in Malaysian scandal
Malaysia’s Economic outlook improves but challenges remain
UK’s Clydesdale and Yorkshire Banks hit due to customers’ wage delays
Russian stock market, crushed by war, will partially reopen
Tesla’s market value surpassed Ford’s and General Motors’
Pressure mounts on the labour market due to lockdown.
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 […]
Pharmaniaga embarks on plan to supply Sinovac to state govt, private...
Council of Europe expels Russia from human rights body.
Maybank introduces financing solution for EV, hybrid users
Google offers $340 million in Ads credits to help small businesses
UK financial system threatened by climate change
Trump’s tariffs led to billions of losses, Fed research shows
Singapore’s GIC buying 16% stake of Sunway Healthcare for RM750m
Malaysia’s trade performance breaks record in April
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 […]
European banks allow delays in mortgage payments to soften coronavirus impact
Money trader Travelex down after getting victimized by cyberattack
Prices of crude oil soar after Iran’s missile attacks on US...
World stocks rise as Mid-East tensions wane
US to send $3.75B in military aid to Ukraine, its neighbors
Telemedicine owners charged in million dollars’ worth fraud scheme
Singapore’s exports continue to grow in April but at a slower...
Oil prices ease on symbolic OPEC+ output cut
EU faces big subsidy rift before facing US
Australia’s bushfires hit businesses leading to more than $2 billion economic...
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 […]
Singapore economy grows 1.3% in Q1 but no change to GDP...
UK inflation hits a 30-year high of 6.2% as Sunak readies...
Three nations to be largest sovereign sukuk issuers
Nissan sues former chairman and seeks $91 million damages
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 […]
China to destroy banknotes from coronavirus-hit areas
Poland to end Russian oil imports; Germany warns on gas.
Malaysia attracts RM264.6bil approved investments in 2022, 2nd largest ever recorded:...
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 […]
Global markets rise as US nears trillion-dollars’ worth stimulus package
Putin wants ‘unfriendly countries’ to pay rubles for gas.
Malaysia maintains stock trading amid coronavirus lockdown
Coronavirus hammered Hong Kong’s economy worse than protests
Maybank to facilitate the trading of shariah-compliant securities on Bursa under...
Gas station owner charged for $500M fraud scheme
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 […]
Singapore bank stocks hit by Credit Suisse crisis
Thailand’s 5G auction raises over 100 billion baht
Silicon Valley Bank (SVB) Financial seeks bankruptcy protection as banking turmoil...
Economists: Global market is already in recession due to coronavirus pandemic
Malaysia end-August palm oil stocks hit 2 million tonnes for first...
Petronas and SEA eyeing digital banking licence
EU officials visit Kyiv as Russia strikes civilian target
Apple won’t hit revenue forecasts due to coronavirus
Foxconn in talks to buy a stake in chipmaker DNeX
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 […]