KUALA LUMPUR, June 4 (Bernama) -- More than 6,300 accounts were hijacked across nine brokerage firms that enabled unauthorised trades totalling over 300 billion Japanese yen (approximately US$2 billion) in Japan between January and April this year, according to a new investigative report by Solidus Labs. (US$1=RM4.23)
By Sevagamy Nythiananthan
KUALA LUMPUR, 31 May (Bernama) -- Malaysian financial institutions should strengthen their due diligence procedures for corporate remittances in line with existing regulations under the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act (AMLATFPUAA) 2001.
KUALA LUMPUR, May 31 (Bernama) -- U Mobile has appointed CIMB as the company’s loan coordinator and mandated lead arranger to facilitate and arrange financing of up to RM4 billion to support the nationwide deployment of its cutting-edge 5G network infrastructure.
KUALA LUMPUR, May 30 (Bernama) -- Malaysia's international reserve assets amounted to US$118.70 billion (US$1= RM4.21) as of end-April, 2025, while other foreign currency assets stood at US$1.75 billion, according to Bank Negara Malaysia (BNM).
KUALA LUMPUR, May 29 (Bernama) -- The Asian Institute of Chartered Bankers (AICB) has reaffirmed the growing importance of nurturing future-ready and ethical banking and finance professionals, amid rising challenges in cybersecurity, data privacy, sustainable finance, and the accelerating pace of digital transformation and fintech.
KUALA LUMPUR, May 28 (Bernama) -- Bank Negara Malaysia (BNM) has imposed an administrative monetary penalty on four banks, namely Bank Pembangunan Malaysia Bhd (BPMB), HSBC Bank Malaysia Bhd, HSBC Amanah Malaysia Bhd and Maybank Islamic Bhd for various breaches of financial regulations.
KUALA LUMPUR, May 25 (Bernama) -- The presence of four major Malaysian banks in the Lao People’s Democratic Republic (Lao PDR) reflects strong investor confidence in the country’s political stability and attractive policies, particularly the way the central bank manages its financial institutions, said Prime Minister Datuk Seri Anwar Ibrahim.
KUALA LUMPUR, May 20 (Bernama) -- Global treasury and risk consultancy, Zanders has strengthened its presence in the Asia-Pacific (APAC) region with the opening of a new office in Singapore.
KUALA LUMPUR, May 19 (Bernama) -- Sidra Capital has officially become a commodity trading participant on Bursa Suq Al-Sila’ (BSAS), Malaysia’s premier Islamic commodity trading platform.
KUALA LUMPUR, May 19 (Bernama) -- Malaysia's Islamic finance assets are projected to grow by 36 per cent by 2028, contributing to the global Islamic finance market, which is expected to reach US$7.5 trillion (US$1 = RM4.29) by then, said Standard Chartered Bank Malaysia Bhd.
KUALA LUMPUR, May 19 (Bernama) -- Malaysia’s strong electrical and electronics (E&E) sector positions the nation to lead the electric vehicle (EV) and battery component manufacturing sector to support the growing demands of the regional mobility ecosystem in ASEAN.
KUALA LUMPUR, May 15 (Bernama) -- The 29th World Gas Conference (WGC2025) will take place from May 19 to 23 at the National Convention Center in Beijing, marking the first time the flagship event is hosted in China since its inception in 1931, underscoring China’s rising influence in global energy dialogue.
