Money & Finance
EU eyes Russian officials, banks, industry for sanctions.
Prices of crude oil soar after Iran’s missile attacks on US...
Malaysia not going into recession, growth set to continue in 2023:...
Bank Negara raises OPR by 25bps to 2.5%, as expected
Malaysian banks’ loan growth to stay at 5-6% in 2023 on...
IBM partners with new chipmaker Rapidus to make up lost ground
Malaysian economy relatively resilient in 2023, says ICAEW
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...
Poland to end Russian oil imports; Germany warns on gas.
Malaysian banks rating intact despite US bank failures – RAM Ratings
Guyana OKs Exxon’s $10B Yellowtail offshore oil project.
Australia wards off recession through $11 billion stimulus package
Malaysia attracts RM123.3 billion worth of approved investments for Jan-June 2022...
The US hits Russia with ‘war crimes’ sanctions, Europe following.
BREAKING NEWS: High-Level Leak Exposes Alleged Corporate Scandal Involving MAA Group...
Biden bans Russian oil, warns of higher prices at US pumps.
Malaysians brace for economic and social impacts of lockdown
Malaysia Banks to be held up by resilient earnings
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 […]
EU and UK hit Russia with wider sanctions that target luxury
Global markets rise as US nears trillion-dollars’ worth stimulus package
Malaysia’s total trade up 8.6% to RM236bil in December 2022
President Trump boasts US’ investment boom in Ohio rally
Council of Europe expels Russia from human rights body.
Canadian Conman Patrice Runner Sentenced to 10 Years for Orchestrating $175m...
SK Hynix to invest US$11bil in new South Korea chip plant
Biden’s China ‘pivot’ complicated by Russia’s war in Ukraine.
Cyberattack in Ukraine war affected thousands across Europe.
Ukraine reports 300 dead in airstrike on Mariupol theater
Putin wants ‘unfriendly countries’ to pay rubles for gas.
Chile ratifies CPTPP, a big opportunity for Malaysian businesses: Tengku Zafrul
High energy costs trigger unrest in parts of Europe.
EV-related stocks advance after Tesla gets approval to import electric vehicles...
Founder of India’s Yes Bank faces money laundering charges
Europe agrees to ban Russian coal but struggles with oil, gas
Ambank Aids SMEs Via Strategic Partnership With PUMM
Hong Kong’s financial sector unmoved by protests
Extension of coronavirus travel ban worsens Thai Airways problems
Apple won’t hit revenue forecasts due to coronavirus
UN to vote on suspending Russia from the rights council.
Tesla’s market value surpassed Ford’s and General Motors’
Chinese coffee giant apologizes for fabrication of sales
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.
EcoWorld in end-financing tie-up with Public Bank
Money trader Travelex down after getting victimized by cyberattack
China’s new coronavirus hits global markets
World Bank President urges lawmakers to prioritize debt management to avert...
New rules for companies on climate risks proposed by SEC
IAEA sends staff to all Ukraine nuclear plants in safety bid
NATO planes to be sent to Romania to eye Russian activity
UK inflation hits a 30-year high of 6.2% as Sunak readies...
Singapore bank stocks hit by Credit Suisse crisis
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 […]
Three Malaysian execs face money laundering charges
UK financial system threatened by climate change
Gas station owner charged for $500M fraud scheme
Japan and South Korea to continue discussions over export controls
EU approves new sanctions against Russia over Ukraine war
Filipinos struggle amid coronavirus quarantine
European banks allow delays in mortgage payments to soften coronavirus impact
UK’s Clydesdale and Yorkshire Banks hit due to customers’ wage delays
PETRONAS inks MoU with Philippines’ Phoenix Petroleum
Europe bans Russian diesel, other oil products over Ukraine
Congress votes to suspend Russia’s trade status, enact an oil ban
War censorship exposes Putin’s leaky internet controls
Google offers $340 million in Ads credits to help small businesses
The US to seek Russia’s suspension from Human Rights Council.
UN worries about unemployment of 470M people worldwide
EU officials visit Kyiv as Russia strikes civilian target
US forces returning to Philippines to counter China threats
MBSB Bank, Prec ink pact to drive cashless business transactions among...
Malaysia’s palm oil stocks slide 6.56% in Feb
Greenhouse gas emissions rose in Rhode Island.
Global stock markets stumble as coronavirus pandemic spreads
Bursa Malaysia snaps losing streak, ringgit weakens to 4.5028
Maybank introduces financing solution for EV, hybrid users
US and China vowed to resolve economic disputes through comprehensive dialogue
Standard Chartered Malaysia Launches SmartStocks
Indonesia’s Asean presidency to focus on economic growth, says senior minister...
Ukraine war imperils wheat, but farmers are in no rush to...
Thailand’s 5G auction raises over 100 billion baht
Brunei gets top ranking for business regulation from top international economic...
Singapore core inflation cools while acceleration risks loom
Telemedicine owners charged in million dollars’ worth fraud scheme
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 […]
Maybank to facilitate the trading of shariah-compliant securities on Bursa under...
Industrial Shares Show Strength in Broadening Stock Market Rally | Analysts...
US-Iran tensions put world market on edge
ECB hawks press case for more rate hikes to fight inflation
Indonesia hikes fuel prices by 30%, cuts energy subsidies
EU to mobilise RM47bil for Asean investments
Biden Urges Swift Congressional Action on Aid to Israel and Ukraine...
Malaysia unlikely to go into recession due to economic diversification
Russians shift focus from Kyiv, scaling back goals in war?
Global stock markets slip on Christmas Eve
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 […]
Asia’s US$350bil gas projects intensify the clean energy debate.
Malaysia consumer sector expected to remain robust
Germany, Japan seek economic cooperation
Boustead Plantations expects continued volatility in palm oil prices
Telenor and Axiata win key approval for multi-billion dollar Malaysia tie-up
Asia-Pacific leaders condemn war, renew calls for open trade
Bank Negara issues exposure draft on licensing and regulatory framework for...
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 […]
WTO warns of ‘real’ recession risk in some major economies
Economists: Global market is already in recession due to coronavirus pandemic
European inflation soars to a record 7.5% on fuel, food costs.
Global semiconductor equipment sales to hit record US$108.5bil this year
IMF set to provide $2.9 billion to help crisis-hit Sri Lanka
Hong Kong’s Cathay Pacific flags up to US$893.77 million loss in...
UN chief: Don’t let Russia crisis fuel climate destruction.
Germany seeks to boost renewable energy and cut Russian imports.
Nissan sues former chairman and seeks $91 million damages
International trade rises as commerce ministry lays out 2023 plans
Budget 2023 will be among the focus for the 15th Malaysian...
US accuses Russia of endangering nuclear arms control treaty
Crude oil prices stay muted in 1H amid altered oil flows...
China to destroy banknotes from coronavirus-hit areas
Quantum Computing Breakthrough: China’s Jiuzhang Performs AI Tasks 180 Million Times...
Hong Kong once again ranked as world’s freest economy
Australia pledges additional $80 billion coronavirus stimulus to rescue jobs
Biden waiving the ethanol rule in a bid to lower gasoline...
Thai regulations hurdle Tesco’s sale of Asian assets
S&P downgrade indicates Russia headed for historic default
Russian space chief: Sanctions could imperil space station.
RHB Bank on course to meet KPI targets
Eurojust Facilitates Crackdown on €645 Million Medicinal Cannabis Investment Fraud Across...
Three nations to be largest sovereign sukuk issuers
Malaysia exports rise 9.8% to RM204.99bil in Feb
Silicon Valley Bank SVB run exposes rifts in venture capital world
Zelenskyy evokes Holocaust as he appeals to Israel for aid.
Bursa Malaysia inks collaboration with UMW, Maybank to roll out centralised...
Global authorities warn of fraud and scam amid coronavirus pandemic
Boris Johnson: Russian win would bring ‘age of intimidation’
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 […]
China’s Ant Financial applies for banking license in Singapore, joining Grab...
Bank exec barred by FED for involvement in Malaysian scandal
Retail loan growth likely to remain strong
Philippines’ credit rating gets upgrade due to “strong economy”
Lithuania cuts off Russian gas imports and urges the EU to...
Asia stocks edge up despite global growth worries.
Coronavirus hammered Hong Kong’s economy worse than protests
China investment will boost green economy in Malaysia, says biz leader
Ukraine war drives the US, EU deal to undercut Russian energy
Asian FX, stocks rise as strong U.S. GDP data aids risk...
India emerged as 5th world’s largest economy with $2.94 trillion GDP
Silicon Valley Bank (SVB) Financial seeks bankruptcy protection as banking turmoil...
US seeks tighter UN sanctions after N. Korea missile test
Biden will travel to Europe for Ukraine talks: White House
Malaysia end-August palm oil stocks hit 2 million tonnes for first...
SpaceX launches 3 visitors to the space station for $55M each
Russia’s invasion drives NATO rethink of Europe force stance.
New Russian offensive underway in Ukraine, says NATO
Volcano eruption won’t hit Philippines GDP, says Economist
Biden pledges new Ukraine aid warns Russia on chemical weapons.
KLCI falls as investors take profit, ringgit at 4.4760
Oil prices ease on symbolic OPEC+ output cut
EU slams ‘war crimes’ in Ukraine but new sanctions unlikely
CIA director visits Kyiv, meets with Ukraine’s Zelenskyy
The US, EU sign data transfer deal to ease privacy concerns
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 […]
What to expect next as US-China trade deal gets inked
TM, ZTE Malaysia team up to build hybrid cloud 5G core...
Asian stock markets mixed ahead of latest US jobs reading
Oil price plunges as Saudi Arabia retaliates with Russia
UK regulator revokes license of Russia-backed broadcaster RT.
Asian shares rise ahead of Fed decision on rate hike
Joe Biden and Rishi Sunak Discuss US-UK Special Relationship in Oval...
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 […]