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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...
South Korea chip inventory climbs the fastest in 27 years

South Korea chip inventory climbs the fastest in 27 years

In January, South Korea’s semiconductor inventory increased at its quickest rate in in 27 years. Highlighting a protracted tech recession that is holding back...
US forces returning to Philippines to counter China threats

US forces returning to Philippines to counter China threats

More than 30 years after the closure of its sizable bases there, the US has been taking steps to rebuild its military power in...
US accuses Russia of endangering nuclear arms control treaty

US accuses Russia of endangering nuclear arms control treaty

Washington, D.C. The Biden administration asserted on Tuesday that Russia’s refusal to permit the restart of on-the-ground inspections poses a threat. To the New...
Asian FX, stocks rise as strong U.S. GDP data aids risk sentiment

Asian FX, stocks rise as strong U.S. GDP data aids risk sentiment

The Philippine Peso and the Malaysian Ringgit led advances among Asian currencies on Friday. As overnight data revealed the U.S. economy’s resiliency, increasing investor...
CIA director visits Kyiv, meets with Ukraine’s Zelenskyy

CIA director visits Kyiv, meets with Ukraine’s Zelenskyy

Washington, D.C. According to a U.S. official, Volodymyr Zelenskyy and CIA Director William Burns met in Kyiv last week. This was the most recent...
EU faces big subsidy rift before facing US

EU faces big subsidy rift before facing US

Sweden’s KIRUNA: There are growing concerns that the continent’s heavyweights may benefit at the expense of the smaller member states. As the European Union...
US to send $3.75B in military aid to Ukraine, its neighbors

US to send $3.75B in military aid to Ukraine, its neighbors

WASHINGTON: As Russia’s invasion of Ukraine continues, the United States will provide $3.75 billion in military supplies and other aid. To Ukraine and its...
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