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Business 01 Jul 2017 | 12:00 AM

Divided views on Malaysia’s second-half performance

ALTHOUGH Malaysia has had a good year-to-date performance with growth that surpassed expectations, a currency that outperformed its peers when benchmarked against the US dollar, and foreigners that have bought into local stocks, there are divided views on how the second half of the year will pan out.

Economy 09 Jun 2017 | 6:34 AM

Hong Kong, Singapore rivalry hobbling Asia in $100b fintech race

HONG KONG: Asia's competitiveness in fintech is being undermined by the rivalry among the region's financial centres that has created regulatory complexity and uncertainty, a financial lobby group has warned.

Business 05 Jun 2017 | 4:42 PM

US Supreme Court limits SEC’s power to recover ill-gotten gains

WASHINGTON: The US Supreme Court on Monday scaled back the Securities and Exchange Commission’s (SEC) power to recover ill-gotten profits from defendants’ misconduct, handing Wall Street firms a victory and dealing another blow to the regulator’s enforcement powers.

Business 15 Mar 2017 | 12:00 AM

Short-term money goes out of Malaysia

PETALING JAYA: Foreigners have sold RM21.71bil worth of government bonds in the last three months, reducing their share of holding in the debt papers to 28.7% as of end February from a peak of 34.7% last year

Business 04 Mar 2017 | 12:00 AM

Chang joins RHB Asset Management as CIO

MICHAEL Chang Wai Sing has joined RHB Asset Management as chief investment officer – fixed income. He has more than 10 years of fund management experience specialising in fixed income investments for insurers and asset management companies.

Corporate News 27 Feb 2017 | 11:00 AM

BNM says onshore forex market going through adjustment

KUALA LUMPUR: The onshore forex market is undergoing a period of adjustment and Bank Negara Malaysia (BNM) has been more active in supplying liquidity on both sides to address the demand and supply mismatches.

Banking 24 Jan 2017 | 11:13 AM

Bank Negara slaps RM1.4mil fine on financial institution

KUALA LUMPUR: Bank Negara Malaysia (BNM) has imposed an administrative monetary penalty of RM1.4mil on a financial institution for failure to notify it promptly after learning of its dealers’ misconduct involving the fixing of the US dollar/ringgit exchange rate.

Forex 11 Jan 2017 | 12:00 AM

Ringgit seen rebounding from 19-year low

KUALA LUMPUR: Malaysia’s ringgit is set to rebound from a 19-year low as official measures to boost demand for the currency kick in, according to a top banker and member of the central bank’s financial markets committee.

Business 10 Jan 2017 | 7:57 AM

Top foreign and local stories at 4pm

Top foreign and local stories at 4pm

Economy 10 Jan 2017 | 3:35 AM

Top banker sees ringgit rebounding from 19-year low

KUALA LUMPUR: Malaysia’s ringgit is set to rebound from a 19-year low as official measures to boost demand for the currency kick in, according to a top banker and member of the central bank’s financial markets committee.