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Category: Banking

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…

Banking

Argentina probes banks on bonds and put options

May 15, 2024

Argentina’s central bank and regulators are looking into at least three of the nation’s banks for potential irregularities in transactions…

Banking

MBSB appoints Shahnaz Farouque as new GCFO

May 14, 2024

PETALING JAYA: Malaysia Building Society Bhd (MBSB) has appointed Shahnaz Farouque Jammal Ahmad its new group chief financial officer (GCFO),…

Banking

Hong Kong banks face credit risks from property downturn, Moody’s says

May 14, 2024

BEIJING: The protracted property downturn in Hong Kong and mainland China could weaken credit strength of banks in Hong Kong,…

Banking

China c.bank seen keeping lending rate on hold, yuan constrains easing

May 14, 2024

SHANGHAI/SINGAPORE: China's central bank is widely expected to leave a key policy rate unchanged when rolling over maturing medium-term loans…

Banking

ABM, AIBIM urges public to beware of fake NSRC officers

May 14, 2024

KUALA LUMPUR: The Association of Banks in Malaysia (ABM) and the Association of Islamic Banking and Financial Institutions Malaysia (AIBIM)…

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Crypto World

1
Cryptocurrency

$110K support key as Bitcoin enters bear month with a 5% dip: Analyst

August 4, 2025

Bitcoin will likely need to hold above the $110,000 support level to get a chance at retesting its all-time high, according to an analyst, as Bitcoin fell 5% over the weekend. Bitcoin fell from about…

2
Cryptocurrency

Cardano community approves $71M treasury spend for network upgrades

August 4, 2025

Cardano’s core development team received approval to be paid 96 million ADA from the treasury to forge ahead with proposed upgrades to the network.Input Output Global (IOG) — Cardano’s main development team — submitted the…

3
Cryptocurrency

Bitcoin company Metaplanet kicks off August with first big buy

August 4, 2025

Metaplanet snapped up 463 Bitcoin on Monday, making it the first public company to capitalize on Bitcoin’s 5% weekend dip.The Japanese investment company bought the Bitcoin (BTC) for 8 billion Japanese yen ($53.7 million), an…

4
Cryptocurrency

BlackRock Bitcoin ETF set for ‘monstrous lead’ with SEC options boost

August 4, 2025

BlackRock’s market-dominating spot Bitcoin exchange-traded fund may get bigger after the US Securities and Exchange Commission increased position limits for many Bitcoin funds, according to crypto financial services firm NYDIG.The SEC on Tuesday increased the…

Economy

Economy

Yum Brands earnings miss estimates as Pizza Hut, KFC struggle in the U.S.

August 5, 2025
Economy

Russia weighs into U.S.-India tariff spat, saying New Delhi can choose its own trade partners

August 5, 2025
Economy

Pfizer hikes 2025 profit outlook on cost cuts, strong quarterly results

August 5, 2025
Economy

Palo Alto CEO Nikesh Arora confronts Wall Street skeptics after company’s biggest bet yet

August 5, 2025
Economy

Trump says Treasury Secretary Bessent ‘does not want’ to be Fed chair, but 4 others in running

August 5, 2025
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