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Category: Banking

Banking

Public Bank mobilises over RM53bil in sustainable finance

May 8, 2024

KUALA LUMPUR: Public Bank Bhd has mobilised more than RM53 billion of sustainable finance since 2020 which covers financing portfolio…

Banking

CIMB Research expects OPR to stay at 3.0%

May 8, 2024

KUALA LUMPUR: Bank Negara Malaysia (BNM) is expected to extend its rate pause pending finer details on fuel subsidy rationalisation…

Banking

Digital banks will not affect traditional banks in Malaysia

May 8, 2024

KUALA LUMPUR: The emergence of digital banks in Malaysia does not significantly impact traditional banks, primarily due to their limited…

Banking

Bank Negara international reserves fall to US$112.8bil

May 8, 2024

KUALA LUMPUR: Bank Negara’s international reserves fell to US$112.8bil as at April 30 compared with US$113.4bil as at April 15.

Banking

UOB posts small drop in quarterly profit, confident of maintaining key margin level

May 8, 2024

SINGAPORE: Singapore's United Overseas Bank (UOB) posted a smaller-than-expected 2% drop in first-quarter profit on Wednesday and said it was…

Banking

Singapore’s MAS asks DBS to identify reasons for disruptions, The Strait Times reports

May 8, 2024

SINGAPORE's central bank is following up with DBS Bank, the banking arm of DBS Group, to identify the root cause…

Banking

AmBank, CGC announce additional RM400mil under the SME Portfolio Guarantee Scheme

May 7, 2024

KUALA LUMPUR: AmBank Group has announced an additional RM400mil financing under the SME Portfolio Guarantee Scheme with guarantee from Credit…

Banking

UOB Malaysia launches Masterclass to help businesses for EU’s Carbon Border Policy

May 7, 2024

KUALA LUMPUR: United Overseas Bank (M) Bhd (UOB Malaysia) has launched the Carbon Border Adjustment Mechanism (CBAM) Supply Chain Imperatives…

Banking

UBS reports first profit since taking over Credit Suisse

May 7, 2024

ZURICH: UBS reported net income of $1.8 billion for January-March, its first quarterly profit since it took over fallen rival…

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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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