Money & Finance
Germany, Japan seek economic cooperation
Better Internet connectivity for Sarawak with a new submarine cable to...
PETRONAS inks MoU with Philippines’ Phoenix Petroleum
Chinese coffee giant apologizes for fabrication of sales
Extension of coronavirus travel ban worsens Thai Airways problems
Quantum Computing Breakthrough: China’s Jiuzhang Performs AI Tasks 180 Million Times...
Economists: Global market is already in recession due to coronavirus pandemic
TM, ZTE Malaysia team up to build hybrid cloud 5G core...
Standard Chartered Malaysia Launches SmartStocks
The US, EU sign data transfer deal to ease privacy concerns
Asia’s US$350bil gas projects intensify the clean energy debate.
India emerged as 5th world’s largest economy with $2.94 trillion GDP
High energy costs trigger unrest in parts of Europe.
Ukraine war drives the US, EU deal to undercut Russian energy
Cyberattack in Ukraine war affected thousands across Europe.
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 […]
SpaceX launches 3 visitors to the space station for $55M each
Intel unveils $88B chipmaking expansion plan for Europe.
Biden, Modi to speak as US presses for a hard line...
IAEA sends staff to all Ukraine nuclear plants in safety bid
US seeks tighter UN sanctions after N. Korea missile test
S&P downgrade indicates Russia headed for historic default
Japan and South Korea to continue discussions over export controls
Malaysia not going into recession, growth set to continue in 2023:...
Budget 2023 will be among the focus for the 15th Malaysian...
Bursa Malaysia announces 21 additions to F4GBM index constituents
Europe bans Russian diesel, other oil products over Ukraine
Three nations to be largest sovereign sukuk issuers
CIA director visits Kyiv, meets with Ukraine’s Zelenskyy
Crude oil prices stay muted in 1H amid altered oil flows...
US forces returning to Philippines to counter China threats
War censorship exposes Putin’s leaky internet controls
China investment will boost green economy in Malaysia, says biz leader
UN chief: Don’t let Russia crisis fuel climate destruction.
European inflation soars to a record 7.5% on fuel, food costs.
Asia-Pacific leaders condemn war, renew calls for open trade
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 […]
Biden will travel to Europe for Ukraine talks: White House
Bank Negara issues exposure draft on licensing and regulatory framework for...
Malaysia exports rise 9.8% to RM204.99bil in Feb
UK inflation hits a 30-year high of 6.2% as Sunak readies...
EU officials visit Kyiv as Russia strikes civilian target
International trade rises as commerce ministry lays out 2023 plans
European banks allow delays in mortgage payments to soften coronavirus impact
Hong Kong once again ranked as world’s freest economy
Biden waiving the ethanol rule in a bid to lower gasoline...
Malaysia attracts RM264.6bil approved investments in 2022, 2nd largest ever recorded:...
UN to vote on suspending Russia from the rights council.
Brunei gets top ranking for business regulation from top international economic...
EU eyes Russian officials, banks, industry for sanctions.
Indonesia’s Asean presidency to focus on economic growth, says senior minister...
Guyana OKs Exxon’s $10B Yellowtail offshore oil project.
Arizona Gov. Ducey hails Taiwan semiconductor investment
Asia stocks edge up despite global growth worries.
Google offers $340 million in Ads credits to help small businesses
EU slams ‘war crimes’ in Ukraine but new sanctions unlikely
The U.S. imposes fresh sanctions on Russia over the Ukraine invasion.
World Bank official says war-driven oil price hikes to slash growth...
The US to seek Russia’s suspension from Human Rights Council.
UN worries about unemployment of 470M people worldwide
US-Iran tensions put world market on edge
Global authorities warn of fraud and scam amid coronavirus pandemic
South Korea chip inventory climbs the fastest in 27 years
Australia pledges additional $80 billion coronavirus stimulus to rescue jobs
Germany seeks to boost renewable energy and cut Russian imports.
Europe agrees to ban Russian coal but struggles with oil, gas
Biden pledges new Ukraine aid warns Russia on chemical weapons.
Bursa Malaysia snaps losing streak, ringgit weakens to 4.5028
Vietnam lures US$3.1 billion in FDI in first two months of...
Malaysian banks’ loan growth to stay at 5-6% in 2023 on...
Global semiconductor equipment sales to hit record US$108.5bil this year
Thai regulations hurdle Tesco’s sale of Asian assets
Greenhouse gas emissions rose in Rhode Island.
KLCI falls as investors take profit, ringgit at 4.4760
Volcano eruption won’t hit Philippines GDP, says Economist
Asian shares rise ahead of Fed decision on rate hike
EcoWorld in end-financing tie-up with Public Bank
China’s new coronavirus hits global markets
Australia wards off recession through $11 billion stimulus package
IBM partners with new chipmaker Rapidus to make up lost ground
Asia stocks extend losses as Ukraine war, China’s covid-19 surge hit...
What to expect next as US-China trade deal gets inked
Congress votes to suspend Russia’s trade status, enact an oil ban
Asian stock markets mixed ahead of latest US jobs reading
Global stock markets stumble as coronavirus pandemic spreads
Franchise sales to increase to RM23bil by 2025
Malaysia maintains stock trading amid coronavirus lockdown
Council of Europe expels Russia from human rights body.
Biden bans Russian oil, warns of higher prices at US pumps.
EU approves new sanctions against Russia over Ukraine war
Three Malaysian execs face money laundering charges
Zelenskyy evokes Holocaust as he appeals to Israel for aid.
Telenor and Axiata win key approval for multi-billion dollar Malaysia tie-up
Malaysia Banks to be held up by resilient earnings
UK regulator revokes license of Russia-backed broadcaster RT.
The U.S. reinstates 352 product exclusions from China tariffs.
EU to mobilise RM47bil for Asean investments
WHO says 99% of the world’s population breathes poor-quality air.
Singapore bank stocks hit by Credit Suisse crisis
Malaysia consumer sector expected to remain robust
Hong Kong’s financial sector unmoved by protests
IMF set to provide $2.9 billion to help crisis-hit Sri Lanka
Boustead Plantations expects continued volatility in palm oil prices
Indonesia hikes fuel prices by 30%, cuts energy subsidies
Coronavirus hammered Hong Kong’s economy worse than protests
Asian FX, stocks rise as strong U.S. GDP data aids risk...
Boris Johnson: Russian win would bring ‘age of intimidation’
The US hits Russia with ‘war crimes’ sanctions, Europe following.
Hong Kong’s Cathay Pacific flags up to US$893.77 million loss in...
Lithuania cuts off Russian gas imports and urges the EU to...
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 […]
SK Hynix to invest US$11bil in new South Korea chip plant
Malaysian banks rating intact despite US bank failures – RAM Ratings
Bank Negara raises OPR by 25bps to 2.5%, as expected
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 […]
Gas station owner charged for $500M fraud scheme
Malaysia end-August palm oil stocks hit 2 million tonnes for first...
EV-related stocks advance after Tesla gets approval to import electric vehicles...
US accuses Russia of endangering nuclear arms control treaty
China to destroy banknotes from coronavirus-hit areas
Filipinos struggle amid coronavirus quarantine
Tesla’s market value surpassed Ford’s and General Motors’
UK financial system threatened by climate change
Malaysia unlikely to go into recession due to economic diversification
Chile ratifies CPTPP, a big opportunity for Malaysian businesses: Tengku Zafrul
Australia’s bushfires hit businesses leading to more than $2 billion economic...
Global markets rise as US nears trillion-dollars’ worth stimulus package
Global stock markets slip on Christmas Eve
Thailand’s 5G auction raises over 100 billion baht
Biden’s China ‘pivot’ complicated by Russia’s war in Ukraine.
Ambank Aids SMEs Via Strategic Partnership With PUMM
Malaysia attracts RM123.3 billion worth of approved investments for Jan-June 2022...
Bank exec barred by FED for involvement in Malaysian scandal
Founder of India’s Yes Bank faces money laundering charges
Ukraine war imperils wheat, but farmers are in no rush to...
Telemedicine owners charged in million dollars’ worth fraud scheme
Apple won’t hit revenue forecasts due to coronavirus
China’s Ant Financial applies for banking license in Singapore, joining Grab...
EU and UK hit Russia with wider sanctions that target luxury
Malaysian economy relatively resilient in 2023, says ICAEW
World Bank President urges lawmakers to prioritize debt management to avert...
World stocks rise as Mid-East tensions wane
Ukraine reports 300 dead in airstrike on Mariupol theater
Singapore core inflation cools while acceleration risks loom
UK’s Clydesdale and Yorkshire Banks hit due to customers’ wage delays
US and China vowed to resolve economic disputes through comprehensive dialogue
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 […]
WTO warns of ‘real’ recession risk in some major economies
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 […]
New China-Laos-Thailand train builds efficiency for China and Asean trade
Silicon Valley Bank (SVB) Financial seeks bankruptcy protection as banking turmoil...
Oil price plunges as Saudi Arabia retaliates with Russia
Russian space chief: Sanctions could imperil space station.
President Trump boasts US’ investment boom in Ohio rally
Oil prices climb after Opec+ keeps output cut targets, China eases...
Malaysia’s total trade up 8.6% to RM236bil in December 2022
Silicon Valley Bank SVB run exposes rifts in venture capital world
New Russian offensive underway in Ukraine, says NATO
Russians shift focus from Kyiv, scaling back goals in war?
Malaysians brace for economic and social impacts of lockdown
MBSB Bank, Prec ink pact to drive cashless business transactions among...
NATO planes to be sent to Romania to eye Russian activity
Maybank introduces financing solution for EV, hybrid users
Poland to end Russian oil imports; Germany warns on gas.
Malaysia’s palm oil stocks slide 6.56% in Feb
Russia’s invasion drives NATO rethink of Europe force stance.
Retail loan growth likely to remain strong
New rules for companies on climate risks proposed by SEC
Oil prices ease on symbolic OPEC+ output cut
Russian stock market, crushed by war, will partially reopen
Prices of crude oil soar after Iran’s missile attacks on US...
Putin wants ‘unfriendly countries’ to pay rubles for gas.
RHB Bank on course to meet KPI targets
Money trader Travelex down after getting victimized by cyberattack
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 […]
Maybank to facilitate the trading of shariah-compliant securities on Bursa under...
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 […]
Philippines’ credit rating gets upgrade due to “strong economy”
Nissan sues former chairman and seeks $91 million damages
Eurojust Facilitates Crackdown on €645 Million Medicinal Cannabis Investment Fraud Across...
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 […]