Money & Finance
Bursa Malaysia inks collaboration with UMW, Maybank to roll out centralised...
Silicon Valley Bank (SVB) Financial seeks bankruptcy protection as banking turmoil...
PETRONAS inks MoU with Philippines’ Phoenix Petroleum
Malaysia exports rise 9.8% to RM204.99bil in Feb
US forces returning to Philippines to counter China threats
Better Internet connectivity for Sarawak with a new submarine cable to...
IAEA sends staff to all Ukraine nuclear plants in safety bid
Malaysian banks rating intact despite US bank failures – RAM Ratings
Global authorities warn of fraud and scam amid coronavirus pandemic
American bosses, firms pledge overwhelming amounts for coronavirus relief efforts
Ambank Aids SMEs Via Strategic Partnership With PUMM
New China-Laos-Thailand train builds efficiency for China and Asean trade
WHO says 99% of the world’s population breathes poor-quality air.
Brunei gets top ranking for business regulation from top international economic...
Oil price plunges as Saudi Arabia retaliates with Russia
Malaysia Banks to be held up by resilient earnings
Taiwan fears impact of US chip restrictions
Europe bans Russian diesel, other oil products over Ukraine
Australia’s bushfires hit businesses leading to more than $2 billion economic...
Asia’s US$350bil gas projects intensify the clean energy debate.
Australia wards off recession through $11 billion stimulus package
Germany seeks to boost renewable energy and cut Russian imports.
KLCI falls as investors take profit, ringgit at 4.4760
Guyana OKs Exxon’s $10B Yellowtail offshore oil project.
New Russian offensive underway in Ukraine, says NATO
India emerged as 5th world’s largest economy with $2.94 trillion GDP
Food prices soar to record levels on Ukraine war disruptions
UN to vote on suspending Russia from the rights council.
Biden waiving the ethanol rule in a bid to lower gasoline...
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 […]
Japan and South Korea to continue discussions over export controls
Global stock markets stumble as coronavirus pandemic spreads
Malaysian banks’ loan growth to stay at 5-6% in 2023 on...
Biden, Modi to speak as US presses for a hard line...
Malaysia not going into recession, growth set to continue in 2023:...
Hope fading as deaths in Turkey, Syria earthquake surpasses 15,000
New rules for companies on climate risks proposed by SEC.
RHB Bank on course to meet KPI targets
Putin wants ‘unfriendly countries’ to pay rubles for gas.
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 […]
EU officials visit Kyiv as Russia strikes civilian target
Global semiconductor equipment sales to hit record US$108.5bil this year
TM, ZTE Malaysia team up to build hybrid cloud 5G core...
US seeks tighter UN sanctions after N. Korea missile test
SpaceX launches 3 visitors to the space station for $55M each
EU eyes Russian officials, banks, industry for sanctions.
Maybank introduces financing solution for EV, hybrid users
China’s new coronavirus hits global markets
UN chief: Don’t let Russia crisis fuel climate destruction.
WTO warns of ‘real’ recession risk in some major economies
South Korea chip inventory climbs the fastest in 27 years
Asian FX, stocks rise as strong U.S. GDP data aids risk...
Sarawak targets revenue of RM11bil by 2023
Vietnam lures US$3.1 billion in FDI in first two months of...
Malaysians brace for economic and social impacts of lockdown
US and China vowed to resolve economic disputes through comprehensive dialogue
Russian stock market, crushed by war, will partially reopen
EV-related stocks advance after Tesla gets approval to import electric vehicles...
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 […]
UN worries about unemployment of 470M people worldwide
Bank Negara issues exposure draft on licensing and regulatory framework for...
IMF set to provide $2.9 billion to help crisis-hit Sri Lanka
The US, EU sign data transfer deal to ease privacy concerns
MBSB Bank, Prec ink pact to drive cashless business transactions among...
US-Iran tensions put world market on edge
The US to seek Russia’s suspension from Human Rights Council.
Asia stocks edge up despite global growth worries.
US accuses Russia of endangering nuclear arms control treaty
Crude oil prices stay muted in 1H amid altered oil flows...
The U.S. imposes fresh sanctions on Russia over the Ukraine invasion.
NATO planes to be sent to Romania to eye Russian activity
Ukraine war drives the US, EU deal to undercut Russian energy
Russian space chief: Sanctions could imperil space station.
Biden bans Russian oil, warns of higher prices at US pumps.
Google offers $340 million in Ads credits to help small businesses
Standard Chartered Malaysia Launches SmartStocks
Robot is the best solution for everyone who wants to earn.
Malaysia unlikely to go into recession due to economic diversification
EU slams ‘war crimes’ in Ukraine but new sanctions unlikely
Australia pledges additional $80 billion coronavirus stimulus to rescue jobs
Ukraine war imperils wheat, but farmers are in no rush to...
CIA director visits Kyiv, meets with Ukraine’s Zelenskyy
Malaysian economy relatively resilient in 2023, says ICAEW
Malaysia maintains stock trading amid coronavirus lockdown
Intel unveils $88B chipmaking expansion plan for Europe
IBM partners with new chipmaker Rapidus to make up lost ground
UK financial system threatened by climate change
Lithuania cuts off Russian gas imports and urges the EU to...
Malaysia attracts RM264.6bil approved investments in 2022, 2nd largest ever recorded:...
President Trump boasts US’ investment boom in Ohio rally
Malaysia consumer sector expected to remain robust
Biden pledges new Ukraine aid warns Russia on chemical weapons.
EU to mobilise RM47bil for Asean investments
World Bank President urges lawmakers to prioritize debt management to avert...
World stocks rise as Mid-East tensions wane
Poland to end Russian oil imports; Germany warns on gas.
Malaysia attracts RM123.3 billion worth of approved investments for Jan-June 2022...
Boustead Plantations expects continued volatility in palm oil prices
Global stock markets slip on Christmas Eve
Three Malaysian execs face money laundering charges
Founder of India’s Yes Bank faces money laundering charges
Asia stocks extend losses as Ukraine war, China’s Covid-19 surge hit...
UK inflation hits a 30-year high of 6.2% as Sunak readies...
Three nations to be largest sovereign sukuk issuers
Prices of crude oil soar after Iran’s missile attacks on US...
Congress votes to suspend Russia’s trade status, enact an oil ban
UK regulator revokes license of Russia-backed broadcaster RT.
Malaysia’s palm oil stocks slide 6.56% in Feb
China’s Ant Financial applies for banking license in Singapore, joining Grab...
Russia’s invasion drives NATO rethink of Europe force stance.
Europe agrees to ban Russian coal but struggles with oil, gas
Singapore core inflation cools while acceleration risks loom
EU approves new sanctions against Russia over Ukraine war
Hong Kong’s financial sector unmoved by protests
Bank exec barred by FED for involvement in Malaysian scandal
High energy costs trigger unrest in parts of Europe.
Greenhouse gas emissions rose in Rhode Island.
EU and UK hit Russia with wider sanctions that target luxury
Asian shares rise ahead of Fed decision on rate hike
Asian stock markets mixed ahead of latest US jobs reading
Budget 2023 will be among the focus for the 15th Malaysian...
Indonesia’s Asean presidency to focus on economic growth, says senior minister...
Volcano eruption won’t hit Philippines GDP, says Economist
Zelenskyy evokes Holocaust as he appeals to Israel for aid.
Asia-Pacific leaders condemn war, renew calls for open trade
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 […]
Biden’s China ‘pivot’ complicated by Russia’s war in Ukraine.
EcoWorld in end-financing tie-up with Public Bank
US banks warn of recession amid rising inflation
Singapore bank stocks hit by Credit Suisse crisis
Filipinos struggle amid coronavirus quarantine
Council of Europe expels Russia from human rights body.
Biden will travel to Europe for Ukraine talks: White House
China investment will boost green economy in Malaysia, says biz leader
Telemedicine owners charged in million dollars’ worth fraud scheme
European inflation soars to a record 7.5% on fuel, food costs.
Russians shift focus from Kyiv, scaling back goals in war?
Oil prices climb after Opec+ keeps output cut targets, China eases...
Retail loan growth likely to remain strong
Hong Kong’s Cathay Pacific flags up to US$893.77 million loss in...
International trade rises as commerce ministry lays out 2023 plans
What to expect next as US-China trade deal gets inked
War censorship exposes Putin’s leaky internet controls
The U.S. reinstates 352 product exclusions from China tariffs.
Bank Negara raises OPR by 25bps to 2.5%, as expected
Chile ratifies CPTPP, a big opportunity for Malaysian businesses: Tengku Zafrul
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 […]
Coronavirus hammered Hong Kong’s economy worse than protests
Arizona Gov. Ducey hails Taiwan semiconductor investment
EU faces big subsidy rift before facing US
Bursa Malaysia announces 21 additions to F4GBM index constituents
Malaysia’s total trade up 8.6% to RM236bil in December 2022
Oil prices ease on symbolic OPEC+ output cut
Boris Johnson: Russian win would bring ‘age of intimidation’
Nissan sues former chairman and seeks $91 million damages
Silicon Valley Bank SVB run exposes rifts in venture capital world
Malaysia end-August palm oil stocks hit 2 million tonnes for first...
SK Hynix to invest US$11bil in new South Korea chip plant
Hong Kong once again ranked as world’s freest economy
Global food prices in 2022 hit record high amid drought, war
Tesla’s market value surpassed Ford’s and General Motors’
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 […]
UK’s Clydesdale and Yorkshire Banks hit due to customers’ wage delays
World Bank official says war-driven oil price hikes to slash growth...
Thai regulations hurdle Tesco’s sale of Asian assets
Economists: Global market is already in recession due to coronavirus pandemic
Thailand’s 5G auction raises over 100 billion baht
Gas station owner charged for $500M fraud scheme
Philippines’ credit rating gets upgrade due to “strong economy”
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 […]
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 […]
Boris Johnson: Russian win would bring ‘age of intimidation’
Franchise sales to increase to RM23bil by 2025
Apple won’t hit revenue forecasts due to coronavirus
China to destroy banknotes from coronavirus-hit areas
Money trader Travelex down after getting victimized by cyberattack
European banks allow delays in mortgage payments to soften coronavirus impact
Indonesia hikes fuel prices by 30%, cuts energy subsidies
Global markets rise as US nears trillion-dollars’ worth stimulus package
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 […]