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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...
US banks warn of recession amid rising inflation

US banks warn of recession amid rising inflation

According to CEOs, the largest US banks are preparing for a poorer economy next year as inflation threatens consumer demand. Jamie Dimon, the chief executive...
Taiwan fears impact of US chip restrictions

Taiwan fears impact of US chip restrictionso

TAIPEI: According to a Taiwanese economic official recent US efforts to lessen reliance on Taiwan’s cutting-edge technology may have an effect on Taiwan’s chip...
WTO warns of 'real' recession risk in some major economies

WTO warns of ‘real’ recession risk in some major economies

Indonesia's NUSA DUA: The crisis in Ukraine, rising food and gasoline prices, and surging inflation have all contributed to a cloudy view of the...
Brunei gets top ranking for business regulation

Brunei gets top ranking for business regulation from top international economic freedom survey

BANDAR SERI BEGAWAN: Brunei has performed very well in regulation and secured second ranking globally. According to the Canadian conservative think tank, Fraser Institute’s...
Asian stock markets mixed ahead of latest US jobs reading

Asian stock markets mixed ahead of latest US jobs reading

Asian stock markets were mixed ahead of U.S. jobs data that might influence Federal Reserve plans for more interest rate hikes to cool surging...
Standard Chartered Malaysia Launches SmartStocks

Standard Chartered Malaysia Launches SmartStocks

KUALA LUMPUR: Standard Chartered Malaysia has launched SmartStocks, a one-stop online share trading platform. Bringing clients the convenience of trading on 12 exchanges across...
Malaysia attracts RM123.3 billion worth of approved investments for Jan-June 2022 period

Malaysia attracts RM123.3 billion worth of approved investments for Jan-June 2022 period

KUALA LUMPUR: Malaysia has attracted RM123.3 billion (US$28.0 billion) worth of approved investments in the manufacturing, services, and primary sectors involving 1,714 projects from...
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