EU to mobilise RM47bil for Asean investments
PETALING JAYA: The European Union (EU) and its member states have announced a mobilization of €10 billion (US$10.59 billion or RM47.04 billion). As part...
EU approves new sanctions against Russia over Ukraine war
BRUSSELS: The European Union announced on Thursday that it had agreed on a fresh round of sanctions meant to increase the pressure on Russia...
IBM partners with new chipmaker Rapidus to make up lost ground
TOKYO: IBM Corp. claims that it is collaborating with Rapidus a recently established chipmaker sponsored by the Japanese government. To assist it to produce...
Bursa Malaysia announces 21 additions to F4GBM index constituents
KUALA LUMPUR: The FTSE4Good Bursa Malaysia (F4GBM) Index and the FTSE4Good Bursa Malaysia Shariah (F4GBMS) Index now has 98 constituents overall. After 21 fresh...
Global semiconductor equipment sales to hit record US$108.5bil this year
PETALING JAYA: The Semiconductor Equipment Manufacturers Industry, based in the US. Predicts that global sales of all semiconductor manufacturing equipment by original equipment manufacturers...
US banks warn of recession amid rising inflation
According to CEOs, the largest US banks are preparing for a poorer economy next year as inflation threatens consumer demand.
Jamie Dimon, the chief executive...
EU eyes Russian officials, banks, industry for sanctions.
BRUSSELS: As part of a fresh wave of sanctions meant to increase pressure on Moscow over its involvement in the crisis in Ukraine. The...
Asia stocks edge up despite global growth worries.
Hong Kong and China stocks helped up Asian shares despite mounting concerns about an impending economic slowdown and the speed at which the Federal...
Malaysian economy relatively resilient in 2023, says ICAEW
PETALING JAYA: The Institute of Chartered Accountants in England and Wales forecasts a bleak start for Asian economies in 2023. But it won’t last...
Retail loan growth likely to remain strong
PETALING JAYA: Despite waning sectoral tailwinds, banking stocks are still regarded as “safe” investments. In the face of potential economic difficulties.
“The banking industry can...
