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No banking charter? No problem

CUSTOMERS of Square Inc, the Silicon Valley payments behemoth, might assume that the cash they send to friends on the platform is housed in a glassy building in Silicon Valley, tended to by hoodie-clad tech workers. Actually, that money is more likely to be sitting in a 117-year-old community bank in Iowa.

Call for Malaysia to tap on sukuk investors in UK

KUALA LUMPUR: The United Kingdom (UK) wants to deepen its trade ties with Malaysia, particularly in the Islamic capital market and in return, Malaysia can tap into a bigger pool of international investors when it uses London as a platform to issue debts.

Future relationship with EU can be changed, Ireland tells new UK PM

LONDON: The European Union would be willing to change parts of the political declaration, or agreement on a future relationship with Britain, when the new British prime minister is elected, Irish foreign minister Simon Coveney said on Sunday.

UK open to tie-up with Khazanah on third national car project

KUALA LUMPUR: The United Kingdom is open to collaboration with Khazanah Nasional Bhd in the development of Malaysia’s new national car project to help the country realise its carbon emission goal.