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Bursa Malaysia inks collaboration with UMW, Maybank to roll out centralised sustainability platform

Bursa Malaysia inks collaboration with UMW, Maybank to roll out centralised sustainability platform

Bursa Malaysia Bhd, UMW Corp Sdn Bhd, and Malayan Banking Bhd (Maybank) have agreed to work together. Under a memorandum of understanding to develop...
ECB hawks press case for more rate hikes to fight inflation

ECB hawks press case for more rate hikes to fight inflation

Two prominent hawks on the European Central Bank’s (ECB) policymaking Governing Council predict that the bank will likely need to hike interest rates further....
Germany, Japan seek economic cooperation

Germany, Japan seek economic cooperation

During their first-ever high-ministerial government meetings, held in the midst of concerns over global supply chains and the economic repercussions of the war in...

Malaysia exports rise 9.8% to RM204.99bil in Feb

KUALA LUMPUR: From the same month the year before, Malaysia’s exports increased by 11% to RM204.99 billion in February 2023. With both export and...
Malaysian banks rating intact despite US bank failures – RAM Ratings

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 persists

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

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

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 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...
Maybank introduces financing solution for EV, hybrid users

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

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...
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