Citi Malaysia wins Best International Bank by Asiamoney
2022-09-22
KUALA LUMPUR: Citi Malaysia has won the ‘Best International Bank’ at the 2022 Asiamoney Best Bank Awards. Read full storyContinue Reading
Japan consortium explores other options for Toshiba restructuring -Kyodo
2022-09-21
TOKYO (Reuters) -A Japanese consortium chosen in the first round of bids to restructure Toshiba Corp has decided to explore other options, Kyodo news reported on Wednesday. Read full storyContinue Reading
Asian FX weaken ahead of Fed, Philippine peso at record low
2022-09-21
THE Philippine peso sank to a record low and other Asian currencies fell against the greenback on Wednesday ahead of a Federal Reserve interest rate decision that is likely to determine the direction of financial markets for months. Read full storyContinue Reading
Covid: Reserve Bank of Australia takes $30bn hit on bond purchases
2022-09-21
The Reserve Bank of Australia’s deputy governor says the loss will not effect its normal operations.Continue Reading
US becoming ‘developing country’ on global rankings
2022-09-19
The United States may regard itself as a “leader of the free world,” but an index of development released in July 2022 places the country much farther down the list. In its global rankings, the United Nations Office of Sustainable Development dropped the US to 41st worldwide, down from its previous ranking of 32nd. Under […]
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China Vanke unit Onewo to raise US$783m in Hong Kong’s largest IPO of 2022
2022-09-18
HONG KONG: Developer China Vanke’s property providers arm has launched Hong Kong’s biggest initial public offering (IPO) of 2022, aiming to raise up to US$783. 5 million in a deal which will be a key test meant for investor appetite. The subsidiary, Onewo Space-Tech Support, has set a cost rangeContinue Reading
How the ‘startup nation’ develops its workforce
2022-09-16
A recent op-ed piece in the Wall Street Journal, “ Higher Male impotence Can Redisdcover its Purpose, ” reviews US colleges’ weak points in training students for market needs, saying they ” will need to become intentional about the education these are providing and about the particular students for whom they are providing. ” In this regard there is a lot to […]
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Vedanta-Foxconn deal puts India on chip-making map
2022-09-15
Vedanta and Foxconn have announced a joint venture to manufacture semiconductors and displays in Excellent Minister Narendra Modi’s home state of Gujarat, a deal that will put India firmly in the high-stakes chip-making game. Vedanta is an Indian oil and gas, metals and energy conglomerate with passions in India plus Africa. Foxconn, also known as […]
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FBM KLCI joins global markets in the red
2022-09-14
KUALA LUMPUR: The FBM KLCI remained deep in negative place, in line with global collateral markets, as the results over missed anticipation in the US August pumpiing data continued. Read complete story Continue Reading
Malaysia unlikely to go into recession due to economic diversification
2022-09-14
KUALA LUMPUR: Malaysia is not really likely to slip into a recession due to the diversified structure of its economy which is less dependent on commodities, aside from its pragmatic and responsive policies, said Bursa Malaysia chairman Tan Sri Abdul Wahid Omar. Learn full story Continue Reading