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Banking 10 Oct 2016 | 7:15 AM

StanChart cardholders in M'sia to get 20% cashback on global Uber rides

KUALA LUMPUR: Standard Chartered Bank credit cardholders in Malaysia will now receive 20% cashback on all Uber rides globally under a recent partnership entered between the bank and the international ride-sharing service provider

Corporate News 07 Oct 2016 | 12:21 AM

IMF chief gives Deutsche Bank tough advice, says need deal on fine

WASHINGTON/FRANKFURT: IMF chief Christine Lagarde gave Deutsche Bank some tough advice on Thursday, saying Germany's biggest lender needed to reform its business model and rapidly reach a deal with U.S. regulators over a potentially huge fine.

Corporate News 03 Oct 2016 | 12:00 AM

Deutsche Bank races against time to reach US settlement

FRANKFURT: Deutsche Bank is throwing its energies into reaching a settlement before next month's presidential election with U.S. authorities demanding a fine of up to $14 billion for mis-selling mortgage-backed securities.

Business 03 Oct 2016 | 12:00 AM

Shadow of Deutsche Bank

Equity markets to track German lender as it navigates settlement

Business 03 Oct 2016 | 12:00 AM

Deutsche Bank woes not likely to affect KL badly

LINGERING concerns over the health of Deutsche Bank whose shares hit a record low last Thursday is not expected to have a significant impact on the market here but the situation bears watching for any spillover effects later.

Business 15 Aug 2016 | 12:00 AM

HK analyst eviction fuels fears negative research being muffled

HONG KONG: The ejection of an analyst from a company briefing in Hong Kong last week has laid bare the pressure on negative research in the Asian financial hub, fuelling concern that critics of companies are being muffled amid a broader clampdown on freedom of speech.

Corporate News 14 Aug 2016 | 8:02 AM

HK analyst eviction fuels fears that negative research being muffled

HONG KONG: The ejection of an analyst from a company briefing in Hong Kong last week has laid bare the pressure on negative research in the Asian financial hub, fuelling concern that critics of companies are being muffled amid a broader clampdown on freedom of speech.

Business 16 Jul 2016 | 3:43 AM

Malaysian market expected to trade higher this week

KUALA LUMPUR: Bursa Malaysia is likely to trend higher this week on improved sentiment including Bank Negara's overnight policy rate (OPR) cut, rebound in oil prices, global bank stimulus and a stronger currency.

TECH 12 Jul 2016 | 8:00 AM

Global bank messaging system SWIFT gets help to bolster cyber defences

SWIFT, a messaging system used by banks across the world, announced further steps to bolster its defences against hackers, after criminals sent fraudulent payment instructions across its network.

Business 05 May 2016 | 10:58 PM

JPMorgan becomes first global bank to fall foul of HK's stricter IPO sponsorship rules

HONG KONG: JPMorgan Chase & Co has become the first global investment bank to fall foul of Hong Kong's stricter IPO sponsorship rules, dealing a blow to its reputation in the region.