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Category: Banking

Banking

Maybank services restored after outage

May 23, 2024

KUALA LUMPUR: Malayan Banking Bhd's (Maybank) MAE application (app), Maybank2u (website and app), Maybank2u Biz (website and app), and debit…

Banking

Bank Negara international reserve up at US$113.3bil

May 23, 2024

KUALA LUMPUR: Bank Negara’s international reserves rose to US$113.3bil as at May 15 compared with US$112.8bil as at April 30.

Banking

Banks show support for govt housing rescue plan

May 23, 2024

China’s mega banks are urging branch managers to lend to state-owned companies that buy unsold homes, offering a quick show…

Banking

Indonesian central bank holds interest rates steady, as expected

May 22, 2024

JAKARTA: Indonesia's central bank held interest rates unchanged at a review on Wednesday, as expected, saying the current benchmark level remained…

Banking

Philippine central bank will intervene in forex market if volatile, governor says

May 21, 2024

MANILA: The Philippine central bank will allow the market to determine the foreign exchange rate but it will intervene when…

Banking

Bank Islam’s net profit rises to RM129.17mil in 1Q on higher net income

May 21, 2024

KUALA LUMPUR: Bank Islam Malaysia Bhd expects improved earnings growth as it expands its financing volume, while net interest margin…

Banking

Alliance Bank bags two awards for best SME Bank in Malaysia

May 21, 2024

KUALA LUMPUR: Alliance Bank Malaysia Bhd won the "Best Small and Medium-sized Enterprise (SME) Bank in Malaysia” by The Asian Banker’s Global Excellence…

Banking

Affin Bank’s net profit drops to RM110.21mil in 1Q on narrower net interest margin

May 21, 2024

KUALA LUMPUR: Affin Bank Bhd, which reported net interest margin compression in 1Q24 had impacted its bottomline, will remain focused…

Banking

RHB Islamic Bank issues RM500mil subordinated Sukuk Murabahah

May 15, 2024

KUALA LUMPUR: RHB Bank Bhd's wholly-owned subsidiary, RHB Islamic Bank Bhd, today issued subordinated Sukuk Murabahah of RM500 million in…

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Crypto World

1
Cryptocurrency

Crypto funds notch $1.9B of inflows as Bitcoin rebounds

June 16, 2025

Cryptocurrency investment products continued their multi-week inflow streak as Bitcoin traded close to new highs and Ether briefly surged past $2,800 for the first time since February.Global crypto exchange-traded products (ETPs) recorded $1.9 billion of…

2
Cryptocurrency

$112K BTC was not ‘bull market peak’: 5 things to know in Bitcoin this week

June 16, 2025

Bitcoin (BTC) starts a new week in full recovery mode as bulls erase Israel-Iran losses. What’s next for BTC price action?A solid weekly close and a trip past $107,000 put BTC/USD in a strong position…

3
Cryptocurrency

Tether blocks $12.3M in USDT tied to suspicious Tron addresses

June 16, 2025

Tether, issuer of the world’s largest stablecoin, USDt, has frozen over $12.3 million of digital assets on the Tron Network, continuing its clampdown on illicit activity in the crypto space.Tether froze the USDt (USDT) at…

4
Cryptocurrency

Ex-TON Foundation exec launches crypto investment app on Telegram

June 16, 2025

A former TON Foundation executive is launching Affluent, a cryptocurrency investment app on Telegram featuring yields and lending.Affluent, a money market protocol built on Telegram-linked blockchain, The Open Network (TON), announced its full launch Monday.Co-founded…

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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