24d ago
KUALA LUMPUR, May 28 (Bernama) -- CIMB Bank Bhd and China Merchants Bank Co Ltd have established a strategic partnership to offer cross-border solutions and support the expansion of end-to-end banking services across China, Malaysia, and ASEAN.
24d ago
KUALA LUMPUR, May 28 (Bernama) -- All In FutureTech Alliance Inc (AIFA) announced it has filed a Current Report on Form 8-K with the United States Securities and Exchange Commission providing supplemental information on its previously announced plan to acquire HyalRoute Fiber Optic Group (HyalRoute) at US$10.00 per share. (US$1 = RM3.96)
25d ago
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, May 27 (Bernama) -- Financial commitments linked to credit cards, Buy Now Pay Later (BNPL) facilities and personal financing are becoming increasingly common among middle-income borrowers, highlighting the need for stronger financial literacy and responsible borrowing practices, according to financial consultancy Bluebricks Holding Sdn Bhd.
26d ago
By Karina Imran
KUALA LUMPUR, May 26 (Bernama) -- The ringgit opened marginally higher against the greenback and other major currencies on Tuesday, amid negotiations between the United States (US) and Iran that could end the conflict and lead to the reopening of the Straits of Hormuz.
27d ago
JAKARTA, May 25 (Bernama) -- Bank Indonesia (BI) said its liquidity support measures and government incentives for micro, small and medium enterprises (MSMEs) would help cushion the impact of higher borrowing costs following the recent increase in the benchmark BI-Rate.
27d ago
By Danni Haizal Danial Donald
KUALA LUMPUR, May 25 (Bernama) -- Bursa Malaysia closed lower on Monday as investors turned cautious, with profit-taking emerging in selected heavyweights, amid rising global bond yields and ahead of the US inflation release.
27d ago
KUALA LUMPUR, May 25 (Bernama) -- Banks in Malaysia and some Asia-Pacific (APAC) economies will be less impacted by higher energy prices, according to Moody’s Ratings.
29d ago
KUALA LUMPUR, May 23 (Bernama) -- The Asian Institute of Chartered Bankers (AICB) has reaffirmed its commitment to strengthening the banking talent pipeline in Malaysia and across the region, with over 700 banking professionals recognised at its 9th Chartered Banker Conferment Ceremony.
30d ago
By Harizah Hanim Mohamed
KUALA LUMPUR, May 22 (Bernama) -- The ringgit retreated against the US dollar on Friday, ending a three-day winning streak as investors focused on geopolitical tensions and the increasingly hawkish stance adopted by central banks globally.
30d ago
By Abdul Hamid A Rahman
KUALA LUMPUR, May 21 (Bernama) -- The ringgit closed higher against the US dollar today, supported by Malaysia’s favourable domestic fundamentals.
1m ago
KUALA LUMPUR, May 20 (Bernama) -- Bursa Malaysia ended lower on Wednesday, as weakening global risk sentiment weighed on investor confidence, an economist said.
1m ago
KUALA LUMPUR, May 20 (Bernama) -- Precious metals such as gold and silver continue to play an important role as an investment strategy for hedging against uncertain economic situations, even though the inverse correlation between currencies and gold movements has changed, especially over the past three years.