SHANGHAI/BEIJING: China’s banking regulator is scrutinising property sector loan portfolios of some local and foreign lenders to assess systemic risks, sources with knowledge of the matter said, as the real estate sector’s debt crisis worsens. Read full storyContinue Reading
SINGAPORE: Oil prices were little changed on Thursday as investors grappled with falling stockpiles in the United States, rising output from Russia and worries about a potential global recession. Read full storyContinue Reading
Those who submit their applications late will risk not being able to collect their passports in time for their travels, said ICA. Continue Reading
KUALA LUMPUR: Proton and smart Automobile Co Ltd (smart) has formalised a deal following the signing of a General Distributorship Agreement (GDA) today, which will see the national car maker launching the first model by the fourth quarter of 2023. Read full storyContinue Reading
HANOI (Reuters) – Vietnam’s government has ordered technology firms to store their users’ data locally and set up local offices, its latest move to tighten cybersecurity rules. Read full storyContinue Reading
REMBAU: The Health Ministry will implement a zero-bullying policy at all its offices and facilities after 20% of respondents to a survey said it occurred, says Khairy Jamaluddin. Read full storyContinue Reading
The government’s Centre for Covid-19 Situation Administration on Friday will consider the new status of Covid-19 as an endemic and communicable disease under surveillance.Continue Reading
SEOUL (Reuters) – South Korean tech conglomerate Kakao Corp said on Thursday it is no longer exploring plans to sell about 10% of unit Kakao Mobility after objections from unionised employees and other stakeholders. Read full storyContinue Reading
LONDON (Reuters) – Asset managers are tightening controls on personal communication tools such as WhatsApp as they join banks in trying to ensure employees play by the rules when they do business with clients remotely. Read full storyContinue Reading
KUCHING: Three local Opposition parties in Sarawak have come together to form a new political coalition for the coming general election. Read full storyContinue Reading