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China's major state-owned commercial banks plan to raise up to 520 billion yuan (US$71.7bil) via private placements from investors, including the finance ministry, a forward-looking move which analysts say will help forestall financial risks and better support the real economy.
China's major State-owned commercial banks plan to raise up to 520 billion yuan ($71.7 billion) via private placements from investors, including the finance ministry,
WINDHOEK, March 31 (Xinhua) -- Namibia's financial system remains stable with strong liquidity levels and adequate capital buffers, the Bank of Namibia said on Monday.
SYDNEY: Australia's central bank on Tuesday left its cash rate steady as widely expected but took a small step towards further easing in a policy meeting dominated by risks of a global trade war.
PETALING JAYA: RHB Bank Bhd has conducted an internal restructuring process as part of its PROGRESS27 corporate strategy, which aims to reinforce its position as a leading financial provider.
"There will come a point when no job is needed." One can beg to differ, but this is what tech billionaire Elon Musk told the then United Kingdom Prime Minister Rishi Sunak back in 2023 during a widely-reported interview.
WASHINGTON (Reuters) -Another U.S. bank regulator has announced that banks do not need to receive advance permission to engage in some crypto-related activities.
KUALA LUMPUR: Bank Negara Malaysia (BNM) has added 12 new entities to its Financial Consumer Alert (FCA) list.
BANGKOK: A new decree will require banks, phone operators, and platforms to share liability for online scams, set to take effect next month.
The two most popular airlines in Vietnam – national carrier Vietnam Airlines and budget carrier Vietjet Air – have both officially banned passengers from using lithium-based power banks during flights.
RHB Bank Bhd has subscribed to an additional 51 million new shares in Boost Bank for RM51mil in cash to maintain its 40% stake in the digital bank.
HANOI: Two most popular carriers in Vietnam, the national carrier Vietnam Airlines and the budget carrier Vietjet Air, have both officially banned passengers from using lithium-based power banks during flight.
KUALA LUMPUR: RHB Bank Bhd has subscribed for an additional 51 million new Boost Bank shares for RM51mil cash to maintain its 40% stake in the digital bank.
PETALING JAYA: The banking industry successfully intercepted almost RM800mil worth of suspicious and fraudulent transactions in the past two years, says the Association of Banks in Malaysia (ABM).
GEORGE TOWN: The proposed land reclamation off Karpal Singh Drive and the rehabilitation of the adjacent Jelutong landfill will strictly avoid encroaching into the ecologically sensitive Middle Bank marine sanctuary, says Penang Chief Minister Chow Kon Yeow.
DBS Group, South-East Asia's top bank by assets, is the frontrunner to buy a controlling stake in Indonesia's Panin Bank, according to sources.
The Malaysian banking sector is expected to remain on a firm footing moving into the second quarter of the year, thanks in part to strong loan growth.
MEXICO CITY, March 27 (Xinhua) -- The Central Bank of Mexico (Banxico) said Thursday it will again lower the benchmark interest rate amid the uncertainty generated by the changing economic policy in the United States.
KUALA LUMPUR: Hong Leong Islamic Bank (HLISB) kicked off the year by winning the Best Islamic Retail Bank in Malaysia award at the IFN Best Banks Poll 2024.
KUALA LUMPUR: The Alliance Bank MSME Business Outlook Report 2025 revealed that 79 per cent of Malaysian micro, small, and medium enterprises (MSMEs) anticipate revenue growth in 2025, driven by strong domestic demand and accelerated digital adoption.
