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European banks allow delays in mortgage payments to soften coronavirus impact

In efforts to ease the economic blow of the Coronavirus Disease 2019 (COVID-19) in Europe, banks in Italy and the United Kingdom have announced...

Bank Negara, Bank of Thailand launch cross-border QR payment linkage

Kuala Lumpur: A cross-border QR payment linkage between Thailand and Malaysia was dispatched by the Bank Negara Malaysia and The Bank Of Thailand (BOT)...

Silicon Valley Bank SVB run exposes rifts in venture capital world

SAN FRANCISCO: The failure of Silicon Valley Bank (SVB) has exposed differences within the typically close-knit venture capital (VC) industry. With some investors blaming...

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 […]

Petronas and SEA eyeing digital banking licence

Kuala Lumpur: SEA ltd and Petroliam Nasional Bhd (Petronas) are one of the organizations intending to offer an advanced digital banking license in Malaysia....

EU officials visit Kyiv as Russia strikes civilian target

KYIV, Ukraine: Leading representatives of the European Union arrived in Kyiv. For talks with Ukrainian authorities as rescue workers combed through the debris of...

Gas station owner charged for $500M fraud scheme

The owner of a California-based gas station face charges for allegedly stealing around $500 million government funds to expand a biodiesel fraud scheme with...

Greenhouse gas emissions rose in Rhode Island.

While Rhode Island is trying to reduce greenhouse gas emissions and set an example for other states environmental officials said Friday that emissions were...

Thailand’s 5G auction raises over 100 billion baht

The National Broadcasting and Telecommunications Commission (NBTC) of Thailand has successfully concluded its 5G spectrum auctions on Sunday which raised a total of 100.52 billion baht...

EV-related stocks advance after Tesla gets approval to import electric vehicles...

KUALA LUMPUR: Following the Ministry of International Trade and Industry’s (Miti) approval of Tesla’s application to import battery electric vehicles (BEVs) into Malaysia. The...
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