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Category: Banking

Banking

Positive outlook for banking on loan growth

June 5, 2024

Market analysts remain mixed on the outlook of the local banking sector.

Banking

OCBC Malaysia pioneers Islamic sustainable financing for PNB

June 5, 2024

KUALA LUMPUR: OCBC Bank (Malaysia) Bhd has pioneered the inaugural Islamic Sustainable Financing Facility for Permodalan Nasional Bhd’s (PNB) wholly-owned subsidiary,…

Banking

CIMB appoints Novan Amirudin as new group CEO

June 4, 2024

KUALA LUMPUR: CIMB Group Holdings Bhd has appointed Novan Amirudin as its group chief executive officer (CEO), effective July 1,…

Banking

Philippine c.bank gov says rates may be cut before Fed, weighs on peso

June 4, 2024

MANILA: The Philippine central bank governor reiterated on Tuesday that the benchmark rate could be cut ahead of the Federal…

Banking

Global banks start targeting a new breed of real estate risk

June 4, 2024

LONDON: At some of the world’s biggest banks, loans to commercial real estate face new litmus tests that promise to…

Banking

RBA possibly the only other major central bank at risk of hiking

June 4, 2024

SYDNEY: Australia’s central bank may have no choice but to resume raising interest rates this year if inflation fails to…

Banking

Australia’s ANZ exits AMMB with US$149mil stake sale

May 30, 2024

KUALA LUMPUR: ANZ Group, Australia's fourth-largest bank, has fully exited its investment in Malaysian lender AMMB Holdings by selling its…

Banking

MBSB aims to boost CASA level in 2024

May 30, 2024

KUALA LUMPUR: Malaysia Building Society Bhd’s (MBSB) key strategy for 2024 is to continue raising current accounts and savings accounts…

Banking

UBS splits wealth management role as part of executive reshuffle

May 30, 2024

ZURICH: UBS said on Thursday Rob Karofsky would become head of the Americas and co-president of global wealth management with…

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Crypto World

1
Cryptocurrency

Crypto funds add $1B as three-week inflow streak continues

March 16, 2026

Crypto investment products continued their momentum last week, signaling resilience to geopolitical stress and strengthening the case for Bitcoin’s role as a relative safe-haven asset.Crypto exchange-traded products (ETPs) recorded $1.06 billion in inflows last week,…

2
Cryptocurrency

South Korea’s Hana Financial partners with Standard Chartered on digital assets

March 16, 2026

Hana Financial Group, one of South Korea’s largest financial conglomerates, has partnered with Standard Chartered on finance and digital assets.On Sunday, Hana Financial said it signed a business agreement with the United Kingdom’s Standard Chartered…

3
Cryptocurrency

Strategy buys $1.6B in Bitcoin as holdings surpass 761,000 BTC

March 16, 2026

Michael Saylor’s Strategy, the world’s largest public holder of Bitcoin, continued aggressively stacking Bitcoin last week, bringing the company’s total reserves to above 760,000 BTC.Strategy acquired 22,337 Bitcoin (BTC) for $1.57 billion last week, according…

4
Cryptocurrency

Former UK Prime Minister Boris Johnson calls Bitcoin a ‘Ponzi scheme’

March 15, 2026

Boris Johnson, the former prime minister of the United Kingdom, called Bitcoin (BTC) a “Ponzi Scheme” that has less value than Pokémon cards, collectibles he said had a wide appeal and a multi-decade history.Johnson wrote…

Economy

Economy

Meta up nearly 3% in premarket as it plans mass layoff to offset increased AI spending

March 16, 2026
Economy

‘We will remember’: Trump warns countries to help secure Strait of Hormuz as shipping stalls

March 16, 2026
Economy

Brent crude holds above $100 as Trump says U.S. may hit Iran’s oil hub again ‘just for fun’

March 16, 2026
Economy

The biggest release of emergency oil stockpiles in history was announced. Why crude may keep rising

March 15, 2026
Economy

Iran threatens to retaliate against neighbors; Trump urges countries to assist in securing Strait of Hormuz

March 15, 2026
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