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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

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…

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),…

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Crypto World

1
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…

2
Cryptocurrency

Changing Basel rules could unlock ‘huge’ liquidity for BTC: Analyst

March 15, 2026

The Basel III rules, which govern bank capital requirements, are set to be updated in 2026, and if Bitcoin (BTC) receives a lower risk rating in the revised rules, it could potentially trigger a “huge”…

3
Cryptocurrency

CLARITY Act 2026 odds ‘extremely low’ if not passed before April: Exec

March 15, 2026

The US CLARITY Act, which aims to bring greater regulatory clarity to the crypto industry, may have little chance of passing this year if it doesn’t move forward within the next seven weeks, according to…

4
Cryptocurrency

Bitcoin miners saw the AI power crunch coming — and the nuclear revival

March 13, 2026

Nuclear power is gaining renewed attention in the United States as artificial intelligence and data center expansion drive demand for reliable, large-scale electricity.According to the latest Miner Weekly newsletter from TheEnergyMag, recent annual filings suggest…

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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