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Malaysian banks rating intact despite US bank failures – RAM Ratings

The bankruptcy of the Silicon Valley Bank (SVB) and two other smaller banks last week has little bearing on the ratings of Malaysian institutions,...

Silicon Valley Bank (SVB) Financial seeks bankruptcy protection as banking turmoil...

Days after its former subsidiary Silicon Valley Bank (SVB) was taken over by US regulators. SVB Financial Group announced on Friday that it had...

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...

Singapore bank stocks hit by Credit Suisse crisis

SINGAPORE: Local bank stocks fell when the market started yesterday morning. Due to concerns that the crisis enveloping Switzerland’s second-largest bank and a succession...

TM, ZTE Malaysia team up to build hybrid cloud 5G core...

KUALA LUMPUR: To create a hybrid cloud 5G core network, Telekom Malaysia Bhd (TM) and ZTE (M) Corp Sdn Bhd have partnered. TM and...

Maybank introduces financing solution for EV, hybrid users

KUALA LUMPUR: Malayan Banking Bhd (Maybank) has unveiled a groundbreaking integrated auto finance solution that addresses all facets of owning an electric vehicle (EV)...

Three nations to be largest sovereign sukuk issuers

KUALA LUMPUR: According to Moody’s Investors Service, Malaysia, Indonesia, and Turkiye will overtake Saudi Arabia. As the leading sovereign issuers in 2023–2024. Which had...

Malaysia’s palm oil stocks slide 6.56% in Feb

KUALA LUMPUR: The Malaysian Palm Oil Board reported that the country’s overall palm oil stockpiles decreased by 6.56% to 2.11 million tonnes in February...

Malaysia Banks to be held up by resilient earnings

PETALING JAYA: As investors seek refuge in better yielding stocks amid recessionary fears, banks may notice an increase in interest. Despite the fact that financial...

Malaysia attracts RM264.6bil approved investments in 2022, 2nd largest ever recorded:...

KUALA LUMPUR: In 2022, Malaysia will have approved RM264.6 billion worth of investments. With the services sector taking the lion’s share of the market,...
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