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Will the lessons be learnt?
This time, it is Cyprus’ turn to face a bitter financial crisis as bank depositors get hit and capital controls are imposed.
Diversity in historic town
MALACCA is a hotch-potch ofexpressive voices with fewerbut more personal axes togrind.
More bite for cop against loan sharks
KUALA LUMPUR: Menglembu police station chief Asst Supt Chen Ah Kooy, who was filmed threatening loan sharks, has received support from Datuk Seri Michael Chong.
Merger collapse brings relief
KUCHING: The scrapping of the proposed merger between CIMB Group Holdings Bhd, RHB Capital Bhd and Malaysia Building Society Bhd to create Malaysia’s largest bank has been greeted with relief by the Sarawak Bank Employees Union (SBEU).
Sukuk rise offers potentials in Muslim economies
KUALA LUMPUR: The rise of sukuk, driven by the growing influence of investors who want syariah-compliant investment and savings products, opens new opportunities in Islamic economies, says HSBC Bank Malaysia Bhd.
Higher US rates may cause huge market swings
THERE are many reports of concern over potentially huge adjustments in the event of a US interest rate hike that could trigger capital flight and difficulties in debt repayment.
Oil market's bounce masks persistent risk in Malaysian debt
JAKARTA/KUALA LUMPUR: April was a good month for Malaysia's economy, one of the most deeply exposed to foreign debt in Asia, as a bounce in oil prices boosted foreign reserves and its currency rose the most in three years. But behind the good news lurks lingering danger.
Cautious outlook seen for insurance sector
KUALA LUMPUR: Analysts expect single digit expansion in the premium income of the life and non-life insurance sectors in Malaysia over the next few years.
Labuan IBFC records 12.3% growth for FY14
KUALA LUMPUR: The Labuan International Business and Financial Centre (Labuan IBFC) recorded a 12.3% growth in new companies registered in Labuan for the financial year ended Dec 31, 2014.
