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Islamic digital bank to be operational within 2 years, says AEON Credit
KUALA LUMPUR: AEON Credit Service (M) Bhd and its consortium partners have secured an Islamic digital bank licence from the Ministry of Finance (MoF), with operations expected to commence within 24 months from its approval date.
From Sailor Moon to Totoro, the fashion world is in love with anime
Fashion increasingly sets its sight on exploring the quirky and colourful world of anime, with bright and bold collections.
Most Asian markets track Wall St rally but tech struggles
HONG KONG (AFP): Equity markets in Asia mostly rose Friday (April 29) following a positive lead from Wall Street but optimism remains at a premium as traders operate under the shadows of war, soaring inflation, US interest rate hikes and China's lockdowns.
Global shares rise, US$ at 20-year high
WASHINGTON/LONDON: The U.S. dollar touched a two-decade high against rivals on Thursday, as Wall Street rallied and European shares rose from six-week lows with strong earnings reports offseting gloomy U.S. economic data.
Insight - UK faces high inflation, slowing growth and rising taxes
LAST week’s central banker symposium at the International Monetary Fund (IMF) in Washington was a festival of hawkishness, with one notable exception:
RBA tightening cycle confined by falling real wages
SYDNEY: Australians’ living standards are set to drop over the next 12 months, constraining the Reserve Bank of Australia’s (RBA) (pic) tightening cycle when it begins raising interest rates as soon as Tuesday, according to Barrenjoey Markets Pty.
Asian markets enjoy respite from heavy selling pressure
HONG KONG (AFP): Asian markets enjoyed some much-needed gains Thursday (April 28) having so far suffered a troubled week, with sentiment lifted by a bargain-buying, a positive lead from New York and Europe, and further pledges of economic support for China's economy.
Greece reopens 7-year bond, draws 1.5 bln euros
ATHENS, April 27 (Xinhua) -- Greece reopened its seven-year bond issue from April 2020 and drew another 1.5 billion euros (1.59 billion U.S. dollars) on Wednesday, at an interest rate of around 2.5 percent.
Thai finance ministry cuts growth outlook on war, inflation
BANGKOK (Bloomberg): Thailand’s finance ministry expects economic growth this year to be slower than previously estimated as the nation faces the impact of accelerating inflation and Russia’s war in Ukraine.
