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Category: Banking

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…

Banking

Alliance Bank posts record net profit of RM690.48mil in FY24

May 30, 2024

KUALA LUMPUR: Alliance Bank Malaysia Bhd's financial year was marked by record high bottomline and revenue as the bank continued…

Banking

Hong Leong Bank records RM1.04bil net profit in 3Q

May 30, 2024

KUALA LUMPUR: Hong Leong Bank Bhd is cautiously optimistic over the business outlook and macroeconomics for the remainder of FY24…

Banking

Deutsche Bank explores blockchain opportunity

May 30, 2024

The blockchain technology underlying the digital asset sector provides an opportunity for banks to respond to the margin compression across…

Banking

RHB Bank posts 1Q net profit of RM730.17mil

May 29, 2024

KUALA LUMPUR: RHB Bank recorded improvements in total income and operating profit for the first quarter of 2024, but was…

Banking

BOJ policymaker hints at rate hike if yen’s impact on inflation is big

May 29, 2024

TOKYO/KUMAMOTO: The Bank of Japan may raise interest rates if sharp falls in the yen boost inflation or the public's…

Banking

Alliance Bank and SkyWorld team up to offer enhanced home financing

May 29, 2024

KUALA LUMPUR: Alliance Bank Malaysia Bhd and SkyWorld Development Bhd are teaming up to offer Alliance Home Complete, providing homebuyers…

Banking

Maybank to launch white papers on net zero pathway for oil palm, power sectors

May 28, 2024

KUALA LUMPUR: Maybank will launch white papers on its net zero pathway for two sectors, namely oil palm as well…

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Crypto World

1
Cryptocurrency

Crypto isn’t ‘run from garages’ anymore: MEXC’s Tracy Jin on IPO boom

June 15, 2025

The once-scrappy world of digital assets has grown into a sector defined by structured governance, audited financials, and scalable revenue models.Exchanges that began as weekend experiments now resemble traditional financial institutions, complete with compliance teams,…

2
Cryptocurrency

Bitcoin must upgrade or fall victim to quantum computing in 5 years

June 15, 2025

Opinion by: David Carvalho, founder, CEO and chief scientist of Naoris ProtocolSatoshi Nakamoto changed how we define money. In response to the 2008 collapse of the financial institutions in which millions put their trust, Satoshi…

3
Cryptocurrency

Bitcoin can absorb $30T US Treasury market — Bitwise CEO

June 15, 2025

Bitcoin's (BTC) total addressable market encompasses the $16 trillion gold market and the $30 trillion US Treasury market used as a store of value by individual bondholders and institutions, according to Hunter Horsley, the CEO…

4
Cryptocurrency

Amazon signs nuclear energy deal to power AI data centers

June 15, 2025

Tech company Amazon recently signed a deal with Talen Energy, a power infrastructure and provider company, for 1,920 megawatts (MW) of nuclear energy to fuel Amazon Web servers and AI data centers in Pennsylvania through…

Economy

Economy

Santos shares soar over 15% on ADNOC-led group’s $18.7 billion takeover bid

June 16, 2025
Economy

China’s May retail sales grow at fastest pace since December 2023 as subsidies help boost consumption

June 16, 2025
Economy

Energy giants Baker Hughes, Woodside shy away from making oil forecasts as Iran-Israel conflict escalates

June 16, 2025
Economy

Taiwan blacklists China’s Huawei and SMIC, further aligning with U.S. trade policy

June 16, 2025
Economy

Suspect Vance Boelter apprehended in Minnesota lawmakers shooting case

June 16, 2025
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