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LONDON: HSBC Holdings Plc is taking about $7.3 billion of charges and exiting several business units in its most ambitious restructuring plan since the global financial crisis.
KUALA LUMPUR: Shugo Imahira (pic), the reigning Japan Golf Tour (JGT) No. 1, will spearhead a powerful JGT challenge at the Malaysian Open when it returns next month after a five-year absence.
PETALING JAYA: Universiti Kuala Lumpur (UniKL) are not all-conquering. Tenaga Nasional showed that in their last league match when they forced the newly-crowned Malaysia Hockey League champions to come from behind for a 1-1 draw.
KUALA LUMPUR: Ancom Bhd is banking on growth opportunities stemming from the raw material supply chain disruption in China as well as expectations of better climate conditions for the year.
PETALING JAYA: Banks in Malaysia may see further compression in net interest margin (NIM) by three to four basis points (bps) should the central bank cut interest rates again in the coming months to support the country’s slowing economy.
PETALING JAYA: Bank Islam Malaysia Bhd has set up a new division to offer its digital banking products by 2021, in response to Malaysia’s plan to allow the creation of virtual banks that would induce non-bank players into the domestic banking scene.
AS A yearly Chinese New Year tradition, CIMB Bank Bhd paid a visit to Star Media Group Bhd (SMG) at Menara Star in Petaling Jaya to celebrate the auspicious Year of the Rat.
West Virginia's disabled residents and overseas military personnel will be able to vote by smartphone in the US presidential election this year, the latest development in a push to make balloting more accessible despite persistent security fears.
BANGKOK (AP): Shares rose in Europe after a mixed session in Asia on Monday (Feb 17), with Shanghai's benchmark jumping 2.3% after the central bank rolled out more support for the economy amid a spreading virus outbreak that has infected more than 71,000 people in more than two dozen countries.
(Reuters) - China's southern province of Hainan has launched the first specially-designed insurance product to cover losses incurred by businesses as a result of the coronavirus outbreak in the country, the banking and insurance regulator said.