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KUALA LUMPUR: Financial education is crucial to encourage consumers to better manage their finances, plan for the future and manage risks associated to financial matters, says Bank Negara Malaysia deputy governor Abdul Rasheed Ghaffour .
KUALA LUMPUR: Malaysia’s financial system is expected to remain resilient under severe macroeconomic and financial strains, with financial institutions maintaining capital buffers in excess of regulatory minima even under adverse scenarios, says Bank Negara.
KUALA LUMPUR: Malaysia’s onshore financial markets remain stable and orderly when they reopened on Monday after the 14th General Election, says the Financial Markets Committee (FMC).
ABU DHABI: The United Arab Emirates' securities regulator on Wednesday warned investors not to deal with Financial.org, an unregulated British company that has attracted investors from countries across Asia and the Gulf.
KUALA LUMPUR: Bank Negara Malaysia (BNM) will soon require financial institutions to undertake rigorous screening for their new hires as integrity is critical in enhancing confidence in the financial system.
BENGALURU: China’s Baidu Inc said it will sell a majority stake in its financial services business for about US$1.9bil to a consortium led by TPG Capital Management LP and Carlyle Group LP, as it seeks funding to take on established fintech firms in China.
SAN FRANCISCO: Ant Financial may have to re-tool its global ambitions after stiff US opposition scuppered what would have been its largest overseas acquisition.
KUALA LUMPUR: Bank Negara Malaysia (BNM) Governor Tan Sri Muhammad Ibrahim will deliver the keynote speech at the 9th International Conference on Financial Crime and Terrorism Financing (IFCTF).