Thai central bank to expand authority to scrutinise online gold trading, governor says
BANGKOK: Thailand will expand the authority of its central bank in order to better supervise online gold trading, the bank's governor Vitai Ratanakorn said on Friday.
Gold price surge helps Swiss National Bank make US$33bil profit
ZURICH: The Swiss National Bank made a profit of around 26 billion Swiss francs ($32.52 billion) in 2025, the central bank said on Friday, thanks to big increases in gold prices as investors headed for safe-havens assets last year.
Exim Bank Malaysia inks tripartite MOUs with Turkish firms to boost bilateral trade, investment ties
KUALA LUMPUR: The signing of three partnerships between EXIM Bank Malaysia and Turkish companies has further reinforced bilateral trade and investment collaboration, while supporting the international expansion of Malaysian companies in line with Malaysia's broader industrial and trade diversification objectives.
Fed official floats regulatory changes for banks
US Federal Reserve (Fed) vice-chair for supervision Michelle Bowman says the agency is revisiting how it issues certain bank ratings, continuing a broader Trump-era effort to refocus supervision on issues posing a significant risk to lenders.
Hang Seng Bank shareholders approve HSBC's US$13.6bil buyout proposal
HONG KONG: Hang Seng Bank shareholders on Thursday approved a plan by its majority owner HSBC to take the bank private, in a landmark move to further boost the Asia-focused lender's presence in Hong Kong.
Bank Negara's international reserves rise to US$125.5bil as at Dec 31
KUALA LUMPUR: The international reserves of Bank Negara Malaysia (BNM) increased to US$125.5 billion as at Dec 31, 2025, from US$124.3 billion as at Dec 15, 2025.
For lenders, execution is crucial this year
PETALING JAYA: Execution rather than interest rates will define banking performance in 2026, with management discipline becoming the decisive factor as policy settings stabilise, according to BIMB Research.
OCBC Malaysia wins Best Trade Finance Bank by Euromoney
KUALA LUMPUR: OCBC Malaysia has been named Malaysia's Best Trade Finance Bank by Euromoney, in recognition of its innovative solutions and digital offerings that enable businesses to manage cash flows more efficiently through a seamless financing process.
Banking sector poised for steady 2026 on credit growth, NIM expansion
KUALA LUMPUR: The banking sector is expected to appear steadfast in 2026 driven by sustained credit growth; net interest margin expansion; resilient non-interest income (NOII); and stable national clearing code (NCC), according to AmInvestment Bank Bhd.
Maybank sets RM2,500 cap on Google Pay contactless transactions, effective Jan 27
For transactions exceeding RM2,500, users will be required to use their physical card.
