Money

Maybank AM launches RM200m global Shariah mixed assets fund

by NG MIN SHEN/ graphic by MZUKRI
MAYBANK Asset Management Sdn Bhd’s (Maybank AM) first global Shariah mixed assets fund, targets to have RM200 million ...

Banking stocks among top losers in 1H

Investors are selling banking shares on fear that weaker economic data would lead to a rate cut by BNM
by SHAZNI ONG BANKING counters on Bursa ...

Bank Muamalat profit grows on higher financing income

by SULHI KHALID/ pic by MUHD AMIN NAHARUL
Total revenue rose by 9.3% year-on-year to RM1.33 billion, underpinned by higher financing income of RM903.8 ...

Banks facing thin margins, evolving markets need to consolidate

by MARK RAO/ pic by MUHD AMIN NAHARUL
MALAYSIAN banks need to consolidate to cope with declining net interest margins (NIMs) and build the capabilities ...

Ringgit set for gains after US-China trade truce

Expectations of the Fed’s interest-rate cut and the US-China trade de-escalation provides much needed relief for the ringgit
by MARK RAO/ pic by MUHD ...

Malaysia’s reserves at US$102.3 billion at end-May 2019 – BNM

by BERNAMA/ pic by MUHD AMIN NAHARUL
Malaysia’s reserves remained usable as at end-May 2019, with official reserve assets at ...

Ringgit closes higher against US dollar

by BERNAMA/ pic by TMR FILE
The ringgit closed stronger against the US dollar today on optimism of positive outcomes from the US-China trade talks ...

Nissan shareholders to vote on governance overhaul

by AFP/ pic by AFP
Nissan shareholders began a fractious annual meeting Tuesday to discuss revamping operations at the crisis-hit Japanese automaker ...

China ‘won’t allow’ G20 discussion of Hong Kong

by AFP/ pic by AFP
China said Monday it will not allow discussion of Hong Kong at the G20 summit this week even as US President Donald Trump plans to ...

Bitcoin’s Resurgence Drives Rally in Asian Cryptocurrency Stocks

by BLOOMBERG/ pic by BLOOMBERG
Bitcoin’s climb to above $11,000 for the first time in 15 months sparked gains in related Asian stocks Monday. ...

BNM International Reserves at US$102.6b as at June 14

By BERNAMA / Pic By MUHD AMIN NAHARUL
Bank Negara Malaysia’s (BNM) international reserves stood at US$102.6 billion as at June 14, 2019, from ...

Ringgit opens slightly lower against US Dollar

By BERNAMA / Graphic By TMR
The ringgit today opened slightly lower against the US dollar today as investors stayed on the sidelines awaiting the ...