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Former HK leader calls out HSBC following UK criticism of security law
HONG KONG (Reuters) - Former Hong Kong leader Leung Chun-ying on Friday called out banking group HSBC Holdings plc for not making its "stance" clear on China's imposition of a new security law on the city, after the United Kingdom's criticism of the move.
Former South Korean 'comfort women' leader apologises for 'banking errors'
SEOUL (Reuters) - The former leader of an advocacy group for South Korean victims of Japanese wartime sexual violence on Friday denied allegations of misusing funds meant for the victims but apologised for "banking errors".
Hong Leong Bank posts RM534.8mil Q3 earnings
KUALA LUMPUR: Hong Leong Bank Bhd’s (HLB) posted a lower net profit of RM534.7mil in the third quarter ended March 31, against RM633.8mil in the same period last year, due to operating expenses and allowance for impairment losses. KUALA LUMPUR: Hong Leong Bank Bhd’s (HLB) posted a lower net profit of RM534.7mil in the third quarter ended March 31, against RM633.8mil in the same period last year, due to higher allowance for impairment losses.KUALA LUMPUR: Hong Leong Bank Bhd’s (HLB) posted a lower net profit of RM534.7mil in the third quarter ended March 31, against RM633.8mil in the same period last year, due to higher operating expenses.
RHB Bank 1Q net profit at RM570.88m
KUALA LUMPUR: RHB Bank Bhd's net profit for the first quarter ended March 31,2020 declined to RM570.88mil as the banking group set aside higher allowances for expected credit losses (ECL).
Project Red Dot helps get often-overlooked essential item to poor women
SANITARY napkins are part and parcel of womanhood. And when it comes to this delicate matter, hygiene is of utmost importance.
Brewery’s free drinks redemption aims to help F&B outlets
To GET consumers back into their favourite hangouts and help businesses get back on their feet, Carlsberg Malaysia has introduced Adopt a Keg — an initiative that rewards consumers who have purchased Carlsberg for home consumption with free draught beer they can redeem at local food and beverage outlets when the movement control order is lifted.
Banks aware of ‘discounts’ given by developers
Lenders want to ensure financing reflects true value of property
Profits under pressure
PETALING JAYA: Moody’s Investors Service has said that Malaysia’s three largest banks by assets face growing pressure on profitability from the coronavirus-led downturn, with asset quality likely to deteriorate from 2021 as loan repayment moratoriums expire.
Wall Street rises with economic hopes
NEW YORK: U.S. stocks rose on Wednesday, with the S&P 500 closing above 3,000 for the first time since March 5, as the further easing of lockdowns lifted optimism for an economic recovery.
Maybank golf meet is off this year
PETALING JAYA: It’s off – the fifth edition of the Maybank Championship will not be happening this year.