Bank Islam appoints Raja Datin Paduka Teh Maimunah as group CEO
KUALA LUMPUR: Bank Islam Malaysia Bhd has announced Raja Datin Paduka Teh Maimunah Raja Abdul Aziz will assume the role of group CEO from April 1, 2026.
RHB invests RM1.5mil to empower 1,000 MSMEs
RHB Banking Group is strengthening inclusive micro, small and medium enterprises (MSMEs) growth through its RHB #JomBiz programme, which has supported over 1,000 microentrepreneurs across Malaysia with investments exceeding RM1.5mil since 2022.
Bank Negara receives 30-35 stablecoin applications, tests ringgit-based initiative
KUALA LUMPUR: Bank Negara Malaysia (BNM) governor Datuk Seri Abdul Rasheed Ghaffour said the central bank has received approximately 30 to 35 applications related to stablecoin and digital asset innovations.
Choppy markets threaten ECB's 'good place' but rates still firmly on hold
FRANKFURT: The European Central Bank is all but certain to keep interest rates unchanged on Thursday and signal that no policy move is imminent, even if the euro's recent surge against the dollar fuels concerns that inflation might undershoot its target.
Islamic banking sector set for steady expansion
Malaysia's Islamic banking sector is poised for continued expansion, supported by sustained financing demand, strong capitalisation and the country's entrenched position as a global Islamic finance hub, according to Fitch Ratings.
KAF Digital Bank appoints Suzaini Mukhtar as CEO
KUALA LUMPUR: KAF Digital Bank Bhd has appointed Suzaini Mukhtar as chief executive officer (CEO), effective Feb 1, 2026.
Stable NIMs and robust asset quality a boon
Analysts have maintained their "overweight" call on the banking sector, citing stabilising net interest margins (NIMs) and robust asset quality as two of the key reasons.
Warsh’s Fed overhaul faces major obstacles
WASHINGTON: Kevin Warsh checks a long list of boxes for President Donald Trump as his pick to run the Federal Reserve (Fed), with longstanding political and social ties to the president, deep Wall Street connections and a well-tailored demeanour, but how deeply and quickly he will cut interest rates and how aggressively he will pursue his "regime change" at the Fed remain open questions.
Trump to announce his Fed chief pick on Friday
WASHINGTON: President Donald Trump said on Thursday he intends to announce his pick to replace Federal Reserve Chair Jerome Powell on Friday, with speculation intensifying that the nod will go to former Fed governor Kevin Warsh.
Malaysia's official reserve assets at US$125.53bil as at end-Dec 2025
KUALA LUMPUR: Malaysia's official reserve assets amounted to US$125.53 billion, while other foreign currency assets stood at US$266.1 million as at end-December 2025.
