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Malaysia, India, Singapore, Thailand among countries on "Monitoring List"
As more listed companies take part in agriculture production, the local industry could get an uplift
NEWS that American banking group Citigroup Inc is closing down its consumer banking business in 13 markets, including Malaysia, does not come as a surprise and has ignited fresh concerns that competition in the banking space can only get more heated.
WASHINGTON: Taiwan and Thailand risk joining Vietnam and Switzerland in running afoul of U.S. currency manipulation triggers in Treasury Secretary Janet Yellen's first foreign exchange report, expected this week, but whether she applies that label is unclear.
NEW YORK (Bloomberg) -- Citigroup Inc. plans to exit retail banking in 13 markets across Asia and the Europe, Middle East and Africa region.
KUALA LUMPUR: UMW Holdings Bhd, which saw its automotive sales surged 35% in the first quarter of 2021, expects the momentum to continue in the second quarter.
JAKARTA: Malaysian corporate dollar bonds are the worst performers in South-East Asia this year, but are clawing back some ground as economic growth looks set to outpace the country’s neighbours.
KUALA LUMPUR (Bernama) -- Malaysian banks' asset quality recovery is expected to be protracted beyond this year and is looking at returning to pre-COVID levels by 2023, said S&P Global Ratings.
KUALA LUMPUR: The ringgit opened marginally lower against the US dollar amid expectations of higher US bond yields ahead of the release of the March 2021 US Consumer Price Index (CPI) later today.
KUALA LUMPUR: The capital market will continue to be an attractive destination for retail investors, facilitated by new technologies which enable better access to information and trading platforms, according to Bursa Malaysia director of securities market Azhar Mohd Zabidi.